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COLUMBIA, Md., July 7, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- 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 closed on a design/build project for a large information-based, data corporation that is slated to begin immediately and be completed in early 2009. The project is to expand the data center of an existing customer, and is expected to generate revenues in excess of $10 million. Fortress was chosen for this project as a result of its exhibited expertise in both design as well as construction management capabilities.
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.
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