PDG Environmental Awarded New Work Valued at $3.5 Million.PITTSBURGH -- PDG Environmental, Inc. (OTC OTCSee: Over-the-counter. OTC See over-the-counter market (OTC). BB: PDGE PDGE Convergencia para la Democracia Social (Spanish: Democratic Party for Equatorial Guinea) ), an environmental and specialty contractor, today reported that Westinghouse Savannah River Company (WSRC WSRC Westinghouse Savannah River Company WSRC Women's Studies Research Center (Brandeis University) WSRC Wyoming Society for Respiratory Care ) has renewed its contract with PDGE's wholly-owned subsidiary, Enviro-Tech Abatement Services Co. (ETAS) for another one-year term to perform asbestos abatement at the U.S. Department of Energy's Savannah River Site The Savannah River Site is a nuclear materials processing center in the United States state of South Carolina, located on land in Aiken, Allendale and Barwnell Counties adjacent to the Savannah River 25 miles from Augusta, Georgia. It is operated for the U.S. (SRS SRS, SRS-A see slow-reacting substance. ) in South Carolina. SRS was constructed during the early 1950's to provide the basic materials used in the fabrication of nuclear weapons, primarily tritium and plutonium-239, in support of our Nation's defense programs. Currently, SRS is undergoing decommissioning. ETAS completed $1.4 million during the first year of the term contract, and to date, has an additional $1.3 million of new work to perform during 2005. PDGE's Los Angeles Office has also been awarded two contracts for asbestos abatement and demolition totaling $2.2 million. The first contract, valued at $1.4 million, is for interior demolition and asbestos-containing fireproofing removal at the Las Vegas airport. This project will begin within the next 30-60 days and be complete in three phases over the next year. The second contract is for $815,000 and involves the removal of asbestos floor tile, pipe insulation and acoustic ceilings in several buildings in Santa Monica, California For other uses, see Santa Monica (disambiguation). Santa Monica is a coastal city in western Los Angeles County, California, USA. Situated on Santa Monica Bay of the Pacific Ocean, it is surrounded by the City of Los Angeles — Pacific Palisades and Brentwood on the north, . This project is scheduled to begin immediately and will be completed over a three-month period. John Regan, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , commented, "We are very pleased with these new awards. The contract for WSRC was announced in February 2004, and the extension demonstrates WSRC's confidence in ETAS's ability to continue to perform the work in a safe and timely manner. The awards will also help maintain PDGE's backlog at near-record levels." PDG Environmental, Inc., is an environmental and specialty contractor providing asbestos and lead abatement, insulation, microbial remediation and demolition and related services dedicated to assisting its commercial, industrial and governmental clients in complying with environmental laws and regulations. Regional marketing and project operations are conducted through branch offices located in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , NY; Paramus, NJ; Hazelton and Export, PA; Fort Lauderdale and Tampa, FL; Houston and Pasadena, TX; Phoenix, AZ; Rock Hill, SC; Portland, OR; Seattle, WA; and Los Angeles, CA. For additional information on the company, please visit http://www.pdge.com. And for more information on mold and its effect on indoor air quality Indoor Air Quality (IAQ) deals with the content of interior air that could affect health and comfort of building occupants. The IAQ may be compromised by microbial contaminants (mold, bacteria), chemicals (such as carbon monoxide, radon), allergens, or any mass or energy stressor , please visit http://www.epa.gov/iaq/molds/index.html. Safe Harbor 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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