Business Services Industry
Horne International Subsidiary Awarded New Contract to Support the Army's Regional Environmental Offices
Business Wire, Dec 13, 2007
Competitive Award Expands Support to Cover the Entire U.S. and Could Yield More Than $10 Million in Revenues
FAIRFAX, Va. -- Horne International, Inc. (OTCBB:HNIN), today announced that its wholly owned subsidiary Horne Engineering Services, LLC, has been awarded a new, follow-on contract to provide technical, managerial, and administrative support to the U.S. Army's Regional Environmental Offices (REOs). The contract has a one-year base period and four one-year option periods. The potential value of the contract over five years is more than $10 million.
The REOs coordinate, communicate, and facilitate regional environmental issues and activities of interest to the U.S. Army. They provide expertise that helps the Army strike an appropriate balance between military readiness and environmental stewardship. The REOs are assigned to the Deputy Assistant Secretary of the Army for Environment, Safety and Occupational Health.
Horne Engineering has supported the REOs since they were established in 1995. Under its existing contract, the company has been supporting three of the four REOs, located in Edgewood, Maryland; Atlanta, Georgia; and Denver, Colorado. The new contract expands these services to include the fourth regional office, located in Kansas City, Missouri.
"This win is a resounding endorsement of the outstanding support that our team has provided to the U.S. Army and its regional environmental offices over the past 12 years," said Darryl K. Horne, P.E., Horne International's Chairman, President, and CEO. "We are excited to expand the scope of our support of the U.S. Army's sustainability goals, and we look forward to working with the Army Secretariat and the REO Chiefs and staff as they face future challenges."
About Horne International, Inc.
Horne International is a leading provider of environmental consulting, engineering and technical services. Horne provides these services through three business units: Horne Engineering Services, LLC; Spectrum Sciences & Software, Inc.; and Coast Engine and Equipment Company, Inc. With approximately 130 associates located throughout the United States and overseas, the company is a trusted partner for its customers in the defense, environment and energy, homeland security and transportation sectors. For more information, please visit www.horne.com.
Forward-Looking Statements
This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance and underlying assumptions and other statements, which are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, risks set forth in documents filed by the company from time to time with the Securities and Exchange Commission. All such forward-looking statements, whether written or oral, and whether made by, or on behalf of, the Company, are expressly qualified by these cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
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