Weston Purchases Brownfields Property in Honolulu, Hawaii

Business Wire, Jan 9, 2008

WEST CHESTER, Pa. -- Weston Solutions, Inc. (WESTON[R]) announced today the purchase of a 4-acre brownfields site in a thriving retail district of Honolulu with the intention of redeveloping the property and revitalizing its economic potential.

The property located at 616 Iwilei Road in the Iwilei District of Honolulu, Oahu, Hawaii was previously the GASCO manufactured gas facility.

Patrick G. McCann, WESTON's CEO and President said, "The revitalization of this property is a perfect example of WESTON providing sustainable solutions that work. We will leverage our talents and technologies to continue to make a difference in a community where we have had an active presence for many years."

WESTON's Real Estate Solutions team plans to remediate the property's existing contamination while repositioning it for redevelopment. The site is zoned IMX-1, an industrial mixed-use zoning that permits uses such as retail, industrial, condominiums and storage.

Peter A. Ceribelli, WESTON's Redevelopment Division Manager, stated, "This site hits the bulls eye of the notional profile for our impaired property acquisitions. We will aggressively work with all project stakeholders to build a trust relationship and integrate their varying needs in order to drive a win-win solution."

The site is less than 1/2 mile from downtown Honolulu. Adjacent businesses include the Dole Cannery Building (formerly the home of the Dole Pineapple processing plant), a Home Depot hardware superstore and a Costco Warehouse superstore.

Weston Solutions, Inc. (WESTON[R]) is a remediation and redevelopment company that specializes in environmentally challenging sites. For more than 50 years, WESTON has produced integrated, sustainable solutions for environmental restoration, property redevelopment, design/build construction, green buildings and clean energy. Dedicated to making a difference in the world, the company's 1,800 employee owners reach out from 60 offices around the globe to build strong stakeholder relationships, align interests and produce solutions that work.

For more information, visit the WESTON Web site at http://www.westonsolutions.com/