Aduddell Industries Reports 2006 Year End Results.

OKLAHOMA CITY -- Aduddell Industries, (OTCBB: ADDL) today reported its financial results for the fourth quarter and full year ended December 31, 2006.

For the year ending December 31, 2006, reported revenues totaled $31.6 million with net loss of $2.9 million. This compares to revenues and net income in the same period for 2005 of $59.2 million and $9.3 million respectively. The decline in overall revenues is primarily the result of the absence of disaster response revenue in 2006 compared to 2005, however revenues for the company's core roofing business were 47% higher as a result of organic growth created by the marketing initiatives implemented in 2006 and the additional sales of $6.6 million brought by the new restoration division. These results do not include any revenues from our Hayden Building Maintenance and Hudson Valley Roofing acquisition targets and only one months revenue from our December acquisition of Brent Anderson Associates.

For the fourth quarter period, the Company reported revenues of $7.7 million, and net loss of $2.9 million. This compares with fourth quarter revenues and net income in the 2005 period of $17.3 million and $2.6 million respectively. Revenues and net income for the 2005 year fourth quarter were impacted by $13.5 million in disaster response revenue. Aduddell Industries disaster services are affected by the presence or absence of disaster related work. Revenues for Aduddell Industries core business lines increased 97%, from $3.9 million in 2005 to $7.7 million in 2006.

Stan Genega, Aduddell's President and CEO said, "2006 was a year of aggressive growth and positioning for Aduddell Industries. A few of our accomplishments for last year were:

* Increased our corporate governance capability and effectiveness at the corporate level by hiring a C.E.O., C.F.O, Senior V.P. of Corporate Development, V.P. of Sales, V.P. of National Accounts and a V.P. of Human Resources, and a Corporate Controller.

* Expanded our national accounts program and were awarded contracts with U.S Communities, Anheuser Busch, Quaker Oats, PepsiCo and 3M. The U.S. Communities account is a sole source award to our Roofing subsidiary and is estimated by U.S. Communities, based on their experience with past vendors, to exceed one hundred million dollars in revenue annually within three years.

* Added another independent director to our board.

* Purchased and integrated three new companies, with two more targeted in 2007.

* Established two new operating units, one in Stuart Florida and the other in Minneapolis Minnesota and a corporate headquarters in Oklahoma City.

* Established an exceptional marketing department and launched a comprehensive market and brand awareness campaign.

* Increased our sales backlog from $2 million at December 31, 2005 to over $23 million at December 31, 2006.

* Grew our Roofing business organically, by over 46% and increased revenue by over $6 million from our new Restoration subsidiary.

* Opened a Metals division within our Roofing subsidiary as part of our expansion of product offering to encompass the total exterior envelope of the building.

* Created our Enviro and Emergency Management subsidiary (E2MS), hired a President, and secured a number of pre event emergency response contracts in preparation for the next disaster. We have responded very effectively and profitably over the last fifteen years to disaster, but with our pre event contracts in place should achieve even greater results.

These ten accomplishments, which were part of our 2006 organic and external growth program, required a 2006 cash investment in excess of $7 million dollars. Even though they negatively impacted our earnings in 2006 we expect to begin realizing their potential return in 2007 and beyond. As we have communicated previously to the investment community, we have been developing a corporate infrastructure that we believe will support a base of $100 million in annual revenues. In order to facilitate that anticipated growth, we have put in place the corporate management, manpower, administrative support as well as operational facilities and equipment necessary to accommodate that growth. We believe that we now have in place the infrastructure to support our expected revenue growth in the coming years. At the same time, we believe we have been delivering on our promise of growing and diversifying our revenues."

"It is the intention of Aduddell Industries to continue our strong growth pattern. With the changes we have made in 2007 and with our focus on integration, operational efficiency and cost saving synergies, we believe that we are well on our way to accomplishing this goal profitably and building shareholder value for our stockholders."

About Aduddell Industries

Aduddell Industries, Inc. www.aduddell.com, is one of the leaders in the commercial roofing, restoration and disaster services industry nationwide. Through Aduddell Roofing and other subsidiaries, Aduddell Industries offers Fortune 500 companies and large governmental agencies a broad range of roofing services, including re-roofing, restoration and repair, new roof construction, sheet metal fabrication, concrete restoration and waterproofing. In addition to work on large projects and high security roofing matters, the company has a nationally recognized track record for handling disaster recovery and emergency projects efficiently and cost effectively.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995:-- This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.