ITSI Selected for $15 Billion Contract Under Air Force Heavy Engineering Repair and Construction (HERC) Program.

WALNUT CREEK, Calif. -- Innovative Technical Solutions, Inc. (ITSI) announced today that the company has been awarded a contract from the U.S. Air Force Center for Environmental Excellence (AFCEE) as part of the Heavy Engineering Repair and Construction (HERC) Program. ITSI was one of 20 companies that were awarded HERC prime contracts. The prime contractors will share in project awards totaling up to $15 billion ($6 billion base amount) through the HERC contract.

The HERC contracts represent the next major series of contract vehicles that the AFCEE will use to meet the long-term requirements of the Air Force, the Department of Defense (DoD), and other federal agencies. Under the HERC, ITSI will execute Task Orders that support worldwide Air Force requirements for heavy industrial and commercial construction at project sites in the United States as well as in austere and hostile foreign environments.

The HERC contract award is another major step in establishing ITSI as one of the largest firms in its class serving the Department of Defense (DoD). With an annual growth rate exceeding 60% for each of the past 10 years, ITSI is one of the nation's premier defense infrastructure construction and environmental contractors. As a prime contractor to AFCEE, ITSI has successfully performed design/build construction projects under other AFCEE contracts including the $10 billion Worldwide Environmental Remediation and Construction (WERC), the $1 billion Design-Build-Plus 03 (DBP03), the $750 million Environmental Remedial Action Contract (ENRAC), and the $2.7 billion 4P Architect-Engineer (4P-AE) contract.

Dr. Shukla, President of ITSI, commented that he is, "Pleased that the AFCEE has selected ITSI to support this important mission. Our company will continue to stress the high quality performance and excellence in workmanship that we have delivered around the world in the past. The HERC award will have a tremendous impact on sustaining our growth of over 50% per year." He further indicated that an extremely capable and experienced management team, led by Mr. Daryl Greenway, HERC Program Manager, will be dedicated to ensuring the success of the contract.

ITSI is a worldwide full-service infrastructure construction, engineering, and remediation services company. ITSI has 28 offices worldwide and provides clients with innovative and proven techniques to solve construction and environmental needs in the areas of engineering design, civil construction, remediation, and decontamination/decommissioning services. Established in 1994, ITSI is a financially strong business with estimated 2006 revenues of over $ 150 million. With a 90% repeat customer rate, outstanding ratings, and hundreds of commendations, clients trust ITSI to deliver successful innovative and cost-effective solutions.