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Aquagenix/Montgomery Watson team awarded $30 million contract from Metro Dade County Transit Authority.


FORT LAUDERDALE Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. , Fla.--(BUSINESS WIRE)--April 8, 1996--Aquagenix Inc. (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
 NM:AQUX,AQUXW) announced Monday that its environmental services The various combinations of scientific, technical, and advisory activities (including modification processes, i.e., the influence of manmade and natural factors) required to acquire, produce, and supply information on the past, present, and future states of space, atmospheric,  division and the engineering firm of Pasadena, Calif.-based Montgomery Watson Americas Inc., have been awarded a $30 million contract from the Metro Dade County Dade County can refer to the following places:
  • Dade County, Florida, in the southeastern part of the state now renamed Miami-Dade County
  • Dade County, Georgia, the state's northwestern-most, bordering Alabama and Tennessee
 Transit Authority.

Aquagenix' portion of the contract includes a wide range of environmental services including all site restoration and cleanup.

Management believes that the contract is significant because it demonstrates an increasing trend toward governmental outsourcing of services provided by Aquagenix companies. This contract shall be serviced by Aquagenix' core subsidiary which is concentrating its marketing efforts on governmental and quasi-governmental privatization privatization: see nationalization.
privatization

Transfer of government services or assets to the private sector. State-owned assets may be sold to private owners, or statutory restrictions on competition between privately and publicly owned
. According to Andrew P. Chesler, chairman of the board and president of Aquagenix Inc., this $30 million contract, combined with several others, provides Aquagenix companies with a record volume of work which ensures future growth.

Aquagenix Inc. is the leading provider of aquatic and vegetation management services in the Southeast United States. Based in Fort Lauderdale, the company has service offices in Florida in Daytona Beach, Fort Lauderdale, Jacksonville, Miami Lakes, Orlando, Palm Beach, Sarasota and Tampa and in Southampton, N.J. and Fairless, Pa. It provides aquatic and vegetation management services as well as environmental cleanup services to governmental and commercial customers in Florida, Georgia, New Jersey, Pennsylvania, Delaware and New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
.

CONTACT: Aquagenix Inc., Fort Lauderdale

Andrew P. Chesler, Chairman of the Board and President

or

Helen Chia, Chief Financial Officer

305/975-7771, fax 305/969-7700
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 8, 1996
Words:244
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