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Fortress International Group Awarded $16 Million Design-Build Contract for State-of-the-Art, Energy-Efficient Data Center


News provided by

Fortress International Group, Inc.

Jun 13, 2011, 07:00 ET

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COLUMBIA, Md., June 13, 2011 /PRNewswire/ -- Fortress International Group, Inc. (Other OTC: FIGI), a provider of consulting and engineering, construction management and 24/7/365 site services for mission-critical facilities, today announced that it has been awarded a $16 million design-build contract with a multi-billion dollar, privately held staffing solutions company that specializes in providing domestic and international companies with outsourced technical personnel.

"This is a tremendous win for our Company and is a testament to Fortress' reputation in the industry as well as the quality of our team. We have performed a variety of work for this customer over the last two years, but this is the first project of such magnitude," said Thomas P. Rosato, Fortress' CEO. "This contract represents the first phase of a multi-stage build for this customer, and we believe that this win positions the Company well to secure additional business as they expand the project."

Fortress began engineering work on this Maryland-based project in early May, following receipt of a letter of intent from the customer. The engineering phase of this project is expected to continue through August 2011, with the construction phase expected to begin in September 2011. The project is scheduled for completion in May 2012.

Jerry Gallagher, Fortress' President and COO, added, "This design build project is a perfect example of our ability to combine IT, planning, engineering, and construction management expertise to deliver a comprehensive solution for a sophisticated client with complex needs. The first phase of this project calls for the design and construction of 5,000 square feet of IT space with power capacity at 150 watts per square foot. We are designing and installing all primary infrastructure systems to support 10,000 square feet of IT space with an electrical demand of 300 watts per square foot, based on the client's anticipated needs for subsequent phases of the project. This robust facility will combine a concurrently maintainable design with new, medium- voltage electrical service, a standby generating plant, a static UPS system, and a unique cooling system designed for optimal power usage effectiveness, supporting the highest levels of energy and cost efficiency possible."

About Fortress International Group, Inc.

Fortress International Group, Inc. is leading mission-critical facilities into a new era of maximum uptime and efficiency. Fortress provides consulting and engineering, construction management and 24/7/365 site services for the world's most technology dependent organizations. Serving as a trusted advisor, Fortress delivers the strategic guidance and pre-planning that makes every stage of the critical facility lifecycle more efficient. For those who own, lease or manage mission-critical facilities, Fortress provides innovative end-to-end capital management, energy, IT strategy, procurement, design, construction, implementation and operations solutions that optimize performance and reduce cost.

Fortress International Group, Inc. is headquartered in Maryland, with offices throughout the U.S. For more information, visit: www.thefigi.com or call 888-321-4877.

Fortress International Group, Inc. -- setting a new standard for the optimized critical facility.

Forward Looking Statements

This press 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; risks relating to operating in a highly competitive industry; actual or potential conflicts of interest between the Company and members of the Company's senior management; risk relating to rapid technological, structural, and competitive changes affecting the industries the Company serves; the uncertainty as to whether the Company can replace its backlog; risks involved in properly managing complex projects; risks relating the possible cancellation of customer contracts on short notice; risks relating our ability to continue to implement our business plan; risks relating to our ability to meet all of the terms and conditions of our debt obligations; uncertainty related to current economic conditions and the related impact on demand for our services; and other risks and uncertainties disclosed in the Company's filings with the Securities and Exchange Commission, including the Annual Report on Form 10-K for the fiscal year ended December 31, 2010. 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.

SOURCE Fortress International Group, Inc.

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