ARCADIS Awarded Two U.S. Navy Contracts Totaling Nearly $4 Million.ARNHEM, the Netherlands -- ARCADIS (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ARCAF, EURONEXT: ARCAD), the international consulting and engineering company, today announced that ARCADIS BBL "Be back later." See digispeak. (chat) BBL - (I will) be back later. (a division of ARCADIS U.S., Inc.) was awarded two contracts by the U.S. Navy, Naval Facilities Engineering The term "facilities engineering" evolved from "plant engineering" in the early 1990s as U.S. workplaces became more complex. Practitioners preferred this term because it more accurately reflected the multidisciplinary demands for specialized conditions in a wider variety of indoor Command Southwest, to provide environmental services as part of a team led by Accord Engineering, Inc. of Santa Ana, California Santa Ana is the most populous city in Orange County, California and is the county seat. It lies approximately 10 miles inland from the Pacific Ocean, on the largely seasonal Santa Ana River. . One contract, to conduct extended site inspection and remedial investigation at three upland and sediment sites at Naval Amphibious Base Coronado Naval Amphibious Base Coronado, or NAB Coronado, is a Naval Amphibious Base of the United States Navy. NAB Coronado is located in San Diego Bay. NAB Coronado is a major West Coast command center for Special Warfare operations. , San Diego, California “San Diego” redirects here. For other uses, see San Diego (disambiguation). San Diego is a coastal Southern California city located in the southwestern corner of the continental United States. As of 2006, the city has a population of 1,256,951. , has a total value of $1.9 million. A second contract, to conduct site inspections at nine sites at the Naval Auxiliary Landing Field on San Clemente Island San Clemente Island An island of southern California in the Santa Barbara Islands south of Santa Catalina Island. , located approximately 60 miles off the coast of southern California, is valued at $1.9 million. "We're very proud to once again be working with the Navy. This is a very important project and we believe these awards recognize our significant experience in and ability to provide environmental services in southern California. This project will draw upon our expertise in the fields of ecological assessment and sediment management," said Ed Lynch, president of ARCADIS BBL. "This significant contract for us to provide environmental services is an important step in continuing our expansion of services in the federal market," stated Mark Fenner, federal program director for ARCADIS U.S. operations. ARCADIS is an international company providing consultancy, engineering and management services in infrastructure, environment and facilities, to enhance mobility, sustainability and quality of life. ARCADIS develops, designs, implements, maintains and operates projects for companies and governments. With more than 11,000 employees and more than $1.5 billion in gross revenue, the company has an extensive international network that is supported by strong local market positions. For more information contact: Joost Slooten, ARCADIS NV at +31-26-3778604 or j.slooten@arcadis.nl. Please visit our websites at www.bbl-inc.com or www.arcadis-us.com Except for historical information contained herein, the statements in this release are forward-thinking statements that are made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the company's actual results in future periods to differ materially from forecasted results. Those risks include, among others, risks associated with possible changes in environmental legislation and risks with regard to the Company's ability to acquire and execute projects. These and other risks described in ARCADIS' filings with the Securities and Exchange Commission over the last 12 months, copies of which will be available from the SEC or may be obtained upon request from the Company. |
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