Pernix Group, Inc. Announces New Contract Award in Sierra Leone
21 Octobre 2013 - 3:00PM
Pernix Group, Inc. (OTCBB:PRXG) announced today that the Company's
joint venture, Pernix Serka Joint Venture (PS JV), has been awarded
a $10.8 million contract by the U.S. Department of State Bureau of
Overseas Buildings Operations (OBO) for the Rainwater Capture and
Storage System at the U.S. Embassy in Freetown, Sierra Leone. The
project includes site improvements, rainwater capture and storage
systems, conveyance infrastructure, and water treatment for this
embassy compound in West Africa.
Nidal Z. Zayed, CEO of Pernix Group, stated that, "We are
extremely pleased to continue our work with the Department of State
in its global embassy upgrade program. We appreciate the confidence
that the U.S. Government has placed in us, and we will approach
this new assignment with our traditional focus on quality, safety
and timely delivery that has characterized our success with OBO in
recent years. Pernix remains fully committed to the success of the
State Department and its diplomatic missions abroad, and we look
forward to our continued partnership with OBO."
About Pernix Group, Inc.
Pernix Group, Inc. is a global company with its headquarters in
Lombard, Illinois. The Company is engaged in two primary operating
business segments: construction services as a Design-Build General
Contractor in the Federal and Government market; and building,
managing and investing in Power Generation Projects as an
Independent Power Producer. Pernix has full-scale construction and
management capabilities, with operations in Africa, the Middle
East, and the South Pacific. Pernix Group, Inc. common stock is
traded on the over-the-counter bulletin board (OTCBB) under the
symbol PRXG. Additional information is available at
www.pernixgroup.com.
Forward-Looking Statement
Certain of the statements made in this press release are
forward-looking statements within the meaning of the Securities
Litigation Reform Act of 1995. Such statements involve certain
risks and uncertainties that could cause actual results to differ
materially from those in the forward-looking statements. Potential
risks and other factors that could cause or contribute to actual
results differing materially from such forward-looking statements
are discussed in greater detail in the Company's filings with the
U.S. Securities and Exchange Commission.
CONTACT: Gregg Pollack
Chief Financial Officer & Vice President - Administration
Pernix Group, Inc.
Tel: (630) 620-4787
gpollack@pernixgroup.com
Carol Groeber
Corporate Controller and Principal Accounting Officer
Pernix Group, Inc.
Tel: (630) 620-4787
cgroeber@pernixgroup.com
Casey Stegman
Director of Investor Relations
Stonegate Securities
Tel: (214) 987-4121
casey@stonegateinc.com
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