PDG Environmental Awarded Multiple Contracts for Hurricane Reconstruction.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, announced that it has been awarded a number of contracts for mold remediation, reconstruction, and related services in Mississippi and Florida. These projects all relate to recovery work still being performed in the aftermath of hurricanes Katrina, Rita, and Wilma. Of the total, two contracts at a large military complex in Mississippi are worth, in aggregate, over $8.5 million, to be completed by the end of October. In addition, work has begun on two "indefinite delivery, indefinite quantity" (IDIQ IDIQ Indefinite Delivery, Indefinite Quantity (contracting/procurement) ) contracts, issued by a multi-county government agency in Florida, for mold remediation and reconstruction; while the ultimate value of these IDIQ contracts to PDGE is not yet determined, the funded budget is in excess of $15 million. "These projects show the continued strong demand for reconstruction work following the devastating dev·as·tate tr.v. dev·as·tat·ed, dev·as·tat·ing, dev·as·tates 1. To lay waste; destroy. 2. To overwhelm; confound; stun: was devastated by the rude remark. effects of last year's hurricanes," commented chairman and chief executive officer John Regan. "Both in Florida and along the Gulf Coast, there appears to be an acceleration in awarding such projects, as local communities strive to improve the impacted areas for residents and visitors alike. Our pipeline of opportunities remains very active, and we do not see any slowing of demand for our expanded mold remediation, reconstruction, and disaster recovery services as we head into this year's hurricane season." 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 18 offices capable of responding to customer requirements coast to coast. For additional information, please visit 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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