TKCI Turnkey Capital Inc (PK)

The Keith Companies, Inc. to Provide Services for Sonora LNG Project IRVINE, Calif., June 16 /PRNewswire-FirstCall/ -- The Keith Companies, Inc. (NASDAQ:TKCI), an engineering and consulting services firm headquartered in Orange County, California, announced today that it has been named as a subcontractor for the Sonora Pacific LNG Project in Mexico. The Keith Companies' subsidiary, Universal Energy, will provide Owner's Engineer Services to Houston-based DKRW Energy, LLC, which recently unveiled plans for a liquefied natural gas (LNG) terminal in northwestern Mexico. DKRW Energy, through its wholly owned Sonora Pacific Liquefied Natural Gas subsidiary, has signed a "cooperation agreement" with the state of Sonora to build a 1.3 billion cubic foot per day LNG regasification terminal at Puerto Libertad on the Gulf of California. The project is designed to distribute gas in Sonora, Sinaloa, Arizona and California. "We are very pleased to expand our relationship with DKRW to include this important multi-year project in the growing LNG industry," said CEO Aram Keith. "This is also an excellent opportunity to further expand our presence internationally. We continue to be optimistic about the long-term prospects for our energy-related services, and we have additional opportunities developing in wind, solar, and waste wood as well as traditional energy projects." The Company expects its services as Owner's Engineer for this project to begin in the third quarter of 2004 and continue through commencement of commercial operations in 2008. The services of the Owner's Engineer can include a variety of tasks including ensuring that suppliers, contractors and other project participants adhere to contract terms and conditions, amongst other things. Additionally, the Owner's Engineer may perform or facilitate the performance of a variety of activities on the Owner's behalf in order to meet financial and regulatory requirements. About The Keith Companies The Keith Companies, Inc. is a fully integrated, multi-disciplined engineering and consulting services company, with offices located throughout the Western and Midwestern United States. The Keith Companies' professionals provide a wide spectrum of skilled resources including land planning, engineering, surveying, mapping, environmental studies, and water and cultural resources that are needed to effectively plan, engineer, and design state-of-the-art private and public facilities. Additionally, the Company provides mechanical, electrical, chemical, power/energy engineering, and other industrial engineering services to design and improve the efficiency and reliability of automated and manufacturing processes, production lines, and fire protection systems. The Keith Companies benefits from a diverse public and private client base varying from residential and commercial real estate projects to institutional, manufacturing, energy, and processing facilities. For more information visit the Company's website at http://www.keithco.com/. About TKC Energy & Industrial Services The Keith Companies, Inc. (TKCI) provides total energy & industrial solutions with a broad base of Management Services. TKC is a multi-disciplined, full service engineering and management firm providing industrial and energy project life-cycle support. TKC supports Power, Process, LNG/CNG, Manufacturing, Pharmaceutical, Water and Central Energy facilities. The company's experience includes natural gas, liquid and coal fuels, wind, biomass and other renewable power generation technologies. Capabilities include initial due-diligence, feasibility studies, design, construction management, and plant operations. Certain statements in this news release may include forward-looking statements that express our expectation, prediction, belief, or projection. These statements involve known and unknown risks, uncertainties, and other factors that may cause the actual results, performance, and achievement of The Keith Companies to be materially and adversely different from any future results, performance, or achievement expressed or implied by these forward-looking statements. Factors that may cause actual results to differ from the forward-looking statements contained in this release and that may affect the Company's prospects in general include, but are not limited to: changes in the economic growth in the United States (especially in California) and other major international economies (especially Brazil), our ability to sustain our growth and profitability, our ability to implement our acquisition strategy and to successfully close and integrate acquired companies on a timely and cost-effective basis, changes in the carrying value of our goodwill and other long-term assets, the long term prospects for a successful market in LNG facilities, our failure to accurately estimate costs on fixed-price contracts or contracts with not-to-exceed provisions, the uncertain timing of awards and contracts, the ability to maintain acquired companies' profit margins and/or client base, outcomes of pending and future litigation, the ongoing financing of public works and infrastructure enhancements and refurbishment, our ability to attract and retain employees, the demand for electricity and other forms of energy and the impact on power providers' plans for expanding generation facilities, increasing competition by foreign and domestic companies, a downturn in the real estate market, risks inherent in doing business outside the United States, including the difficulty of enforcing contracts, political instability and foreign currency fluctuations and potential exchange restrictions, the short- and long-term impact of terrorist activities and resulting political and military policies, and other factors as are described in the Company's filings with the Securities and Exchange Commission. The forward-looking information set forth in this press release is as of the date indicated above and we undertake no duty to update this information. For further information, please contact: Aram Keith, CEO of The Keith Companies, Inc., +1-949-923-6001, or fax, +1-949-923-6026; or Tricia Ross, Investor Relations of Financial Relations Board, +1-310-407-6540, for The Keith Companies, Inc. DATASOURCE: The Keith Companies, Inc. CONTACT: Aram Keith, CEO of The Keith Companies, Inc., +1-949-923-6001, or fax, +1-949-923-6026; or Tricia Ross, Investor Relations of Financial Relations Board, +1-310-407-6540, for The Keith Companies, Inc. Web site: http://www.keithco.com/

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