PRI Awarded $80 Million USACE Mobile District MATAC Contracts

January 3, 2007

Project Resources, Inc. (PRI) announced it was awarded two Multiple Award TaskOrder Contracts (MATOCs) by the U.S. Army Corps of Engineers (USACE) Mobile District, Alabama. The two indefinite delivery type contracts are in support of military construction in the South Atlantic Division (SAD) Continental United States (CONUS) Area of Responsibility, including the North Mobile District Region and the Gulf Coast Region anchored at Eglin Air Force Base, Florida.

These contracts include quick, cost effective responses to requirements for new construction, technology infrastructure upgrades, correction of life safety deficiencies, and renovation and repair of facilities at military installations. Work may also include incidental design and testing, and survey and abatement for lead based paint (LBP) and asbestos containing materials (ACM). Recognizing PRI’s past performance and technical expertise, the USACE Mobile District awarded PRI two $40 million, 5-year contracts.

Frank J. Loscavio, President of PRI, stated, “We are very pleased to support the USACE Mobile District in providing immediate construction, renovation, and repair support in the Southeast. This is our 14th contract award with the USACE and is the result of our successful past performance and proven ability to provide critical government services during challenging situations. We are eager to support the USACE Mobile District’s mission requirements and are very pleased to build a long-term relationship with this important client.”

PRI is recognized as a premier provider of government services worldwide using a core team of professional managers and staff experienced in providing time-critical response and recovery services.

About PRI:

Project Resources, Inc. (PRI) provides facilities management, environmental remediation, and design-build construction services. PRI consistently delivers unparalleled quality and service to its government and private sector clients worldwide. PRI’s responsiveness and flexibility has resulted in consistent outstanding performance ratings from the federal government. For more information about PRI or its services, visit www.priworld.com or call (858) 505-1000. The corporate office is located 3760 Convoy Street, Suite 230, San Diego, CA 92111.