Company Contact: Investor Relations:
Tom Rosato John McNamara
Chief Executive Officer Cameron Associates
Fortress International Group, Inc. Phone: (212) 245-8800 Ext. 205
email@example.com Phone: (410) 423-7438
FOR IMMEDIATE RELEASE:
FORTRESS INTERNATIONAL GROUP INC. IS AWARDED ADDITIONAL PHASES
OF CONTRACT WITH POWERLOFT
COLUMBIA, MD – August 5, 2008 – 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
through its Rubicon subsidiary, that it has received a large purchase order from Power Loft LLC. This represents an additional phase of an existing contract that Power Loft has with Rubicon. The purchase order covers long lead infrastructure equipment required for a mission critical facility Power Loft is developing in Prince William County, Virginia. The aggregate value of the completed contract is estimated to be in excess of $10 million and is expected to be completed during 2008.
Headquartered in McLean, Virginia, Power Loft specializes in the development of high efficiency datacenters capable of scaling from 120 to 300 watt per square foot. Speaking of the purchase order, Power Loft President, Jim Coakley said, “Our success in delivering 100,000
square feet of high density space hinges on the reliability of equipment we select to support that work. Rubicon has been indispensible in helping us devise and acquire a configuration that is flexible, compatible, efficient and cost effective, and they do this work extremely well.”
Rubicon Integration provides consulting, owners representation-, and equipment integration services for mission-critical facilities to large corporate customers across the United States. Rubicon was acquired by Fortress International in December 2007.
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.
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.