Tetra Tech and International Resources Group Joint Venture Awarded Indian Ocean Tsunami Warning System Development Project.PASADENA, Calif. -- Tetra Tech, 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 :TTEK) announced today that its joint venture with International Resources Group The International Resources Group is an international professional services firm that is a contractor to governments and international organizations, primarily in the Third World and crisis zones. (IRG (1) (InterRecord Gap) See interrecord gap. (2) (Internet Research Group, Los Altos, CA, www.irgintl.com) A research and consulting firm founded in 1993 that specializes in developing business strategies for Internet-related companies. ) was awarded a two-year, $6 million task order under the worldwide water resources contract with the U.S. Agency for International Development (USAID USAID United States Agency for International Development USAID Agencia de los Estados Unidos para el Desarrollo Internacional (Spanish) ). USAID is leading the U.S. government assistance program to support the development of an Indian Ocean Tsunami Warning System The Indian Ocean Tsunami Warning System is a tsunami warning system set up to provide warning to inhabitants of nations bordering the Indian Ocean of approaching tsunamis. It was agreed to in a United Nations conference held in January 2005 in Kobe, Japan as an initial step towards (IOTWS IOTWS Indian Ocean Tsunami Warning System ), in coordination with the Intergovernmental Oceanographic Commission The Intergovernmental Oceanographic Commission was established by resolution 2.31 adopted by the General Conference of Unesco. It first met in Paris at Unesco Headquarters from 19 to 27 October 1961. Initially, 40 States became members of the Commission. of the United Nations Educational, Scientific and Cultural Organization, other donor nations, and national governments in the region. Li-San Hwang, Tetra Tech's 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. , said: "Tetra Tech has done substantial work in the field of tsunami research. We are pleased to be given this opportunity to again make a contribution for society's benefit and to minimize human losses in the event of such catastrophic disasters." "IRG is pleased to support USAID in assisting the people of East Asia East Asia A region of Asia coextensive with the Far East. East Asian adj. & n. to develop an effective tsunami early warning system that will help prevent massive loss of life as occurred in that region last December. Our intention is to build a system that also detects other destructive natural disasters, from floods to droughts, and includes monitoring and prediction elements, a communications process for disseminating warning messages and information to prepare and act," said Asif Shaikh, International Resources Group President and CEO. "To this end, we look forward to working with our exceptional team of experts on USAID's behalf." The United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. is the only country in the world besides Japan that has built and operated an "end-to-end" tsunami early warning system. U.S. activities will support each of the essential elements of an IOTWS, including: risk assessment; hazard monitoring, detection and prediction; formulation, dissemination and communication of warning messages; and knowledge and preparedness to act. The program will provide targeted technical support to Indonesia, Sri Lanka, India, Thailand and the Maldives in developing and implementing various components of an IOTWS at national and local levels. Under this task order, the joint venture will serve as the Program Integrator, providing technical assistance, coordination, logistics, training and administrative support to USAID's Regional Development Mission/Asia and to international, national and local organizations involved in the development of an IOTWS. The joint venture will provide overarching services and coordination support to the National Oceanic and Atmospheric Administration Noun 1. National Oceanic and Atmospheric Administration - an agency in the Department of Commerce that maps the oceans and conserves their living resources; predicts changes to the earth's environment; provides weather reports and forecasts floods and hurricanes and , U.S. Geological Survey, U.S. Trade and Development Agency, and U.S. Forest Service. About International Resources Group Ltd. (www.irgltd.com) IRG is an international professional services firm that helps governments, the private sector, communities and households manage critical resources to build a cleaner, safer and more prosperous world. Since its inception in 1978, IRG has completed over 650 contracts in 134 countries, delivering high-quality, cost-effective services that promote positive economic growth, institutional and social change, and intelligent use of resources -- human, physical, environmental and financial. About Tetra Tech (www.tetratech.com) Tetra Tech is a leading provider of consulting, engineering and technical services. With nearly 8,000 associates located in the United States and internationally, the Company supports commercial and government clients in the areas of resource management, infrastructure and communications. Tetra Tech's services include research and development, applied science and technology, engineering design, program management, construction management, and operations and maintenance. Any statements made in this release that are not based on historical fact are forward-looking statements. Any forward-looking statements made in this release represent management's best judgment as to what may occur in the future. However, Tetra Tech's actual outcome and results are not guaranteed and are subject to certain risks, uncertainties and assumptions ("Future Factors"), and may differ materially from what is expressed. For a description of Future Factors that could cause actual results to differ materially from such forward-looking statements, see the discussion under the section "Risk Factors" included in the Company's Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and 10-Q filings with the Securities and Exchange Commission. |
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