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PDG Environmental Awarded Contracts Worth $11.0 Million.

PITTSBURGH -- PDG Environmental, Inc. (OTC BB: PDGE), a leading provider of environmental remediation and specialty contracting services, has been awarded a number of contracts that in aggregate are worth $11.0 million. Reconstruction projects at apartment complexes in Georgia, Ohio, Texas and Nebraska comprise $1.8 million of the total value. Mold contracts, including an expansion of a hotel project in Las Vegas and additional work at the government facility in Mississippi, amount to $1.4 million. The remaining $7.8 million covers two asbestos abatement projects in Pennsylvania and Florida and a $6.4 million contract for a manufacturing facility in New York. The company expects to complete work on these projects by the end of the second fiscal 2008 quarter.

"PDGE's bidding and proposal activity remains strong across all of our services offerings. Contract awards over the past two months in excess of $22 million will give us a good jump start for fiscal 2008," said John Regan, chairman and chief executive officer.

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 experience, PDG Environmental has 18 offices capable of responding to customer requirements coast to coast. For additional information, please visit http://www.pdge.com.

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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Publication:Business Wire
Date:Jan 17, 2007
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