PDG Environmental Awarded Contracts Worth $10 Million.PITTSBURGH -- PDG PDG Président Directeur Général (CEO) PDG Particle Data Group PDG Past District Governor PDG Parti Democratique Gabonais (Gabonese Democratic Party) PDG Product Development Group PDG Program Dependence Graph Environmental, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: PDGE PDGE Convergencia para la Democracia Social (Spanish: Democratic Party for Equatorial Guinea) ), a leading provider of environmental remediation Generally, remediation means providing a remedy, so environmental remediation deals with the removal of pollution or contaminants from environmental media such as soil, groundwater, sediment, or surface water for the general protection of human health and the environment or from a and specialty contracting services, today announced that it has recently been awarded contracts valued, in aggregate, at $10.2 million. Of the total, approximately $4.3 million of the awards represent reconstruction work in Florida, Georgia, California, and Texas, including a $1.5 million extension to an existing job order contract for a school district in Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, . The remaining reconstruction projects cover commercial space, a medical complex, and a resort community damaged by fire or floods during the past few months, with all work expected to be complete by early 2008. The $1.5 million contract extension will run through the middle of next year. In addition to these reconstruction projects, PDG Environmental has been awarded approximately $5.9 million in asbestos and lead abatement work covering buildings in Nevada, 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 , and California. All contracts are anticipated to be completed by the middle of next year. "PDG Environmental has seen a rise in the reconstruction business this summer, as indicated by awards covering demolition and restoration at a number of sites impacted by natural disasters," said John Regan, chairman and chief executive officer. "Our sales and marketing initiatives continue to provide us solid opportunities enabling us to maintain a near record backlog position even as the hurricane season has, thus far, proven to be a mild one." About PDG Environmental PDG Environmental, Inc., headquartered in Pittsburgh, PA, is a leading provider of specialty contracting services including asbestos abatement, mold remediation, emergency response, demolition and reconstruction to commercial, industrial and governmental clients nationwide. With over twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights. 2. experience, PDG Environmental has offices nationwide capable of responding to customer requirements coast to coast. For additional information, please visit http://www.pdge.com. 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. Statement under Private Securities Act of 1995: The statements contained in this release, which are not historical facts, may be deemed to contain forward-looking statements, including, but not limited to, deployment of new services, growth of customer base, and growth of service area, among other items. Actual results may differ materially from those anticipated in any forward-looking statement with regard to magnitude, timing or other factors. Deviation may result from risk and uncertainties, including, without limitation, the Company's dependence on third parties, market conditions for the sale of services, availability of capital, operational risks on contracts, and other risks and uncertainties. The Company disclaims any obligation to update information contained in any forward-looking statement. |
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