KSW, Inc. Awarded Projects Totaling 26 Million Dollars
May 21 2012 - 8:00AM
Marketwired
KSW, Inc. (NASDAQ: KSW) today announced that it has recently been
awarded two very prestigious projects, totaling approximately $26
million. The first project is the Baccarat Hotel & Residences
New York, a Starwood Flagship Hotel. The second is a luxury rental
building for Glenwood Management, a long standing KSW client.
Chief Executive Officer Floyd Warkol commented that "Foundations
are underway for both projects and KSW is expected to commence work
on both this year. The Company's ability to provide value
engineering services was instrumental in obtaining both
projects."
About KSW
KSW, Inc., through its wholly-owned subsidiary, KSW Mechanical
Services, Inc., furnishes and installs heating, ventilating and air
conditioning (HVAC) systems and process piping systems for
institutional, industrial, commercial, high-rise residential and
public works projects. KSW Mechanical Services, Inc. also acts as
Trade Manager on larger construction projects, such as the Mount
Sinai Center for Science and Medicine.
For further information, please visit our website at
www.kswmechanical.com.
Safe Harbor Statement
Certain statements contained in this press release are not
historical facts, and constitute "forward-looking statements" (as
such term is defined in the Private Securities Litigation Reform
Act of 1995). These forward-looking statements generally can be
identified as statements that include phrases such as "believe,"
"expect," "anticipate," "intend," "plan," "foresee," "likely,"
"should," "will" or other similar words or phrases. Such
forward-looking statements concerning management's expectations and
other similar matters involve known and unknown risks,
uncertainties and other important factors that could cause the
actual results to differ materially from any future results,
performance or achievements discussed or implied by such
forward-looking statements. Such risks, uncertainties, and other
important factors that could cause actual results to differ
materially from expectation of the Company include, among others,
the outcome of the year-end audit and further internal review of
the Company's historical financial statements. All written and oral
forward-looking statements of or attributable to the Company or
persons acting on behalf of the Company are qualified in their
entirety by such factors. The Company disclaims any obligation or
undertaking to provide any updates or revisions to any
forward-looking statement to reflect any change in the Company's
expectations or any change in events, conditions or circumstances
on which the forward-looking statement is based.
Visit our website at www.kswmechanical.com.
For More Information Contact: James F. Oliviero KSW, Inc. (718)
340-1409 Email Contact
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