COLUMBIA, Md., July 8 MD-Fortress-Intnl-con
COLUMBIA, Md., July 8 /PRNewswire-FirstCall/ -- Fortress International
Group Inc. (Nasdaq: FIGI), a company providing comprehensive services for the
planning, design, development and maintenance of mission critical facilities
and information infrastructure, today announced it had been awarded a
design/build contract for the second phase of an existing project with a major
university located in New York.
The contract calls for the upgrade of a separate facility to data center-
ready space, and Fortress will provide the design and installation services
for new mechanical and electrical infrastructure systems. Fortress will also
provide general construction services to secure and retrofit the space in
order to be suitable for new electronic equipment.
The contract was originated through an existing partnering relationship
with a major IT firm. The work is to begin immediately and should be completed
prior to the end of the second quarter of 2009.
ABOUT FORTRESS INTERNATIONAL GROUP INC.
Fortress International Group Inc.(FIGI) and its subsidiaries Total Site
Solutions, Rubicon, Vortech, and Innovative Power, plan, design, build and
maintain specialized facilities such as data centers, trading floors, call
centers, laboratories, medical facilities, network operation centers,
communication facilities, and secure facilities. For nearly 30 years, the FIGI
team has pioneered building robust and scalable infrastructure into mission-
critical facilities. The firm offers unsurpassed expertise in the
infrastructure systems (electrical, mechanical, telecommunications, security,
fire protection and building automation) that are the critical facility's
lifeblood. FIGI's comprehensive portfolio of services and multi-disciplinary
expertise provide customers a highly respected single source for critical
services that bridge the gap between IT and facilities.
FORWARD-LOOKING STATEMENTS
This release may contain "forward-looking statements"-that is, statements
related to future-not past-events, plans, and prospects. In this context,
forward-looking statements may address matters such as our expected future
business and financial performance, and often contain words such as
"guidance," "expects," "anticipates," "intends," "plans," "believes," "seeks,"
"should," or "will." Forward-looking statements by their nature address
matters that are, to different degrees, uncertain. Particular uncertainties
that could adversely or positively affect the company's future results
include: the company's reliance on a significant portion of its revenues from
a limited number of customers; the uncertainty as to whether the company can
replace its declining backlog; risks involved in properly managing complex
projects; risks relating to revenues under customer contracts, many of which
can be canceled on short notice; risks related to the implementation of the
company's strategic plan, including the ability to make acquisitions and the
performance and future integration of acquired businesses; and other risks and
uncertainties disclosed in the company's filings with the Securities and
Exchange Commission. These uncertainties may cause the company's actual
future results to be materially different than those expressed in the
company's forward-looking statements. The company does not undertake to
update its forward-looking statements.
Company Contact:
Tom Rosato
Chief Executive Officer
Fortress International Group, Inc.
Phone: (410) 423-7438
Investor Relations:
John McNamara
Cameron Associates
Phone: (212) 245-8800 Ext. 205
john@cameronassoc.com
SOURCE Fortress International Group Inc.
