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``Tully has been an effective force in EU’s evolution having worked extensively with the EU Provider and Buyer Boards over the past two years to implement a system that meets their procurement needs while honoring their existing business relationships'', said Bob Willis, EfficientUtilities Chairman, ``he brings extraordinary enthusiasm and insight to the position of president of EfficientUtilities as a result of experience gained from ENI’s own evolution from start-up to market leader within the A&E industry.''
Welcoming the appointment, EfficientUtilities President, Tully Ryan, commented, ``EfficientUtilities has demonstrated its management strength and has built a powerful brand in a competitive market. As President, I look forward to working with our board and AWWA to create value as we leverage our technology and partnerships with utilities to deliver e-procurement software worldwide. We will be building upon and strengthening the vision and leadership that Steve provided at the companies’ helm during its early development.''
Tully Ryan who founded ENI in 1995, participated in EfficientUtilities formation, and sits on the EU Board. Most recently he has been VP for Sales for EU and has been a featured speaker on behalf of EU at various trade shows and conventions.
Stepping down from the President position to explore new pursuits, Mr. Lewis has served as President from December 2000 to April 2002. ``I am proud to have been part of a pioneering vision for business improvement in the industry,'' said Stephen Lewis, after his resignation from the company, ``and look forward to watching EU develop under Tully’s direction.''
About EfficientUtilities: a software firm that delivers a cost saving automated procurement/workflow management system for buyers and suppliers in the water and wastewater industry. Developed as a partnership between the American Water Works Association (AWWA) and Environmental Network International (ENI), EfficientUtilities provides an e-procurement solution for the industry that does not charge commissions or transaction fees on the goods and services procured using the software. Suppliers pay a nominal subscription fee; while buyers choosing customized or integrated solutions pay an annual licensing fee.
About The American Water Works Association (AWWA): an international, nonprofit, scientific and educational society dedicated to the improvement of drinking water quality and supply. Founded in 1881, the Association is the largest organization of water supply professionals in the world. AWWA’s 57,000-plus members represent the full spectrum of the drinking water community: treatment plant operators and managers, environmental advocates, scientists, academicians, and others who hold a genuine interest in water supply and public health. AWWA’s membership includes more than 4,200 utilities that supply roughly 80 percent of the nation’s drinking water.
About Environmental Network International, Inc (ENI):
a software technology company, which has unique patent-pending
artificial intelligence software that has been integrated to
streamline procurement and associated workflow. ENI combines
industry knowledge, procurement expertise, and a proven IT platform
to provide comprehensive procurement and business software to the A&E,
construction, utility, waste and public sectors.
``This is the first time this type of contract has been awarded by
the Corps of Engineers and the Department of the Army,'' stated Omaha
District Commander, Col. Kurt F. Ubbelohde. ``This was truly a team
effort between the Department of the Army, the U.S. Army Training and
Doctrine Command, Fort Leavenworth, and the U.S. Army Corps of
Engineers' Kansas City and Omaha Districts.''
Fort Leavenworth is a 5,634-acre facility located on the west bank
of the Missouri River in Kansas. The installation was established in
1827 and is the oldest continuous operating Army installation west of
the Mississippi River. There are 19 sites on the Fort Leavenworth
installation, including six landfills and several fire training areas
that will be addressed by the contract.
The U.S. Army, through the cooperative efforts of the U.S. Army
Corps of Engineers, is expecting to realize cost savings and
accelerated cleanup through the GRiP(TM). By fixing the cost to bring
each site to regulatory closure, the U.S. Army is able to improve the
programming of the environmental remediation budgets. In addition,
accelerating the actual cleanup of sites supports the U.S. Army's
commitment to environmental stewardship, and allows future land use to
support the national defense mission.
``This is the second major win for ARCADIS in a relatively short
period based on our staff's expertise in applying the GRiP(TM) concept
for military installations,'' said Steve Blake, member of the Executive
Board of ARCADIS. ``The award of this project enhances our position as
a top provider of these innovative services to the military. We are
proud to be of service to our armed forces and look forward to working
with the Army Corps of Engineers in the implementation of the
project.''
ARCADIS is a leading, global, knowledge-driven service provider,
active in the fields of infrastructure, buildings, environment and
communications. With client success central to our total business
approach, we fulfill project or program needs from concept to
completion and beyond. Together, we generate EUR 800 million in annual
revenues. There are 8,000 of us, results-oriented people, continually
investing in our skills to maximize value while creating viable
solutions that assure your success.
Except for historical information contained herein, the statements
in this release are forward-looking statements that are made pursuant
to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements involve known and
unknown risks and uncertainties that may cause the Company's actual
results in future periods to differ materially from forecasted
results. Those risks include, among others, risks associated with
possible changes in environmental legislation and risks with regard to
the Company's ability to acquire and execute projects. These and other
risks are described in ARCADIS' filings with the Securities and
Exchange Commission over the last 12 months, copies of which will be
available from the SEC or may be obtained upon request from the
Company.
[Top]
Tuesday April 23, 2002 - DENVER & ARNHEM, The Netherlands -
ARCADIS Secures Second Major Guaranteed Fixed Price Remediation Contract for the Military
ARCADIS (NASDAQ: ARCAF, EURONEXT: ARCAD) announced today that it
has been awarded a $19.9M contract to provide services under their
Guaranteed Remediation Program (GRiP(TM)) with the U.S. Army Corps of
Engineers, Omaha District, for Fort Leavenworth, Kansas. This is the
second major win this year at an active base for ARCADIS using its
innovative GRiP(TM). The first win came just one month ago and was
valued at $19.4M. ARCADIS pioneered the GRiP(TM) in 1994 in the
private sector and introduced the guaranteed fixed price remediation
concept to the Department of Defense in 1998.
[Top]
Tuesday April 23, 2002 - Pittsburgh -
Court Approves the IT Group's Sale of Assets to The Shaw Group
The IT Group, Inc. (``the Company'')
announced that, at a hearing held Friday, April 19, 2002 at the U.S.
Bankruptcy Court in Wilmington, Delaware, Judge Mary F. Walrath approved the
sale of substantially all of the Company's assets to The Shaw Group
(NYSE: SGR - news; ``Shaw'').
Terms of the specific sale order are being negotiated
and will be presented to Judge Walrath for her signature on Wednesday, April
24, 2002.
The transaction is expected to close by the end of April 2002.
The Company estimates that following the sale it is unlikely that there will be any distribution to the Company's equity security holders.
``We are pleased with the sale of the Company's assets to Shaw,'' said Dr. Francis J. Harvey, acting president and chief executive officer of The IT Group. ``They have already designed and are about to implement an aggressive integration plan that will benefit both our employees and our customers. Shaw has expertise and experience in our industry as well as a reputation for outstanding customer service, a culture that values people and, importantly, the resources to grow The IT Group's businesses. As part of The Shaw Group, our businesses will again be vigorously competing for new projects. To our customers and vendors who have supported us during the chapter 11 process, I want to offer our sincere thanks and to assure them that The IT Group's record of outstanding project execution will continue in the future.''
``The businesses purchased by Shaw from The IT Group, Inc. will be operated under the name 'Shaw Environmental and Infrastructure, Inc.' However, the experience and talent upon which The IT Group's reputation has been built over the last 76 years will remain the same. The employees bring the same high level of commitment and integrity to their current and future customers as before,'' Dr. Harvey concluded.
The Shaw Group Inc. is the world's only vertically integrated provider of complete piping systems and comprehensive engineering, procurement and construction services to the power generation industry. Shaw is the largest supplier of fabricated piping systems in the United States and a leading supplier worldwide.
For the past 76 years, The IT Group addressed the infrastructure and environmental needs of both private and public sector clients as a leading provider of diversified services, including environmental, engineering, facilities management, construction, emergency response, remediation and information management.
In addition to historical facts or statements of current condition, this press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. You may identify forward-looking statements by the use of words in the statements such as ``anticipate,'' ``believe,'' ``estimate,'' ``expect,'' ``should,'' ``confidence'' and other words and terms of similar meaning. Actual events will be dependent upon factors and risks including, but not limited to the outcome of the Company's Chapter 11 process as well as the Company's ability to successfully: consummate the transactions described above; continue to manage its relationships with its creditors continue to do business with its customers and qualified subcontractors; general economic conditions; and the company's ability to manage other uncertainties and risk factors, such as those described from time to time in the company's filings with the Securities and Exchange Commission, including its reports on Form 10-K, Form 10-Q and Form 8-K.
SOURCE: The IT Group, Inc.
With more than 220 employees involved in providing environmental services, EnSafe has established itself as a leading provider of environmental and safety & health consulting/management services to industry and government worldwide. EnSafe staff will use the ENI system to source, pre-qualify, and request quotes from businesses for services and products.
EnSafe services include site investigation, remedial design and management, risk assessment, hazardous materials and hazardous waste management and training, environmental compliance and permitting, health and safety, ecology and wetlands studies, information technology, and IS0 14000 implementation.
"We are very pleased to be part of streamlining business in ways that benefit both buyers and suppliers," said ENI's Founder Tully Ryan. "Because our system focuses on reducing procurement time and labor without charging any web-based commissions or transaction fees, buyers have placed more than $117 million in direct purchase orders to ENI-listed businesses in the past nine months."
ENI is a software technology company delivering an easy to use, full-featured procurement software application. The application is currently being used by business-to-business procurement portals (ENI-Net.com and EfficientUtilities.com), and secure, customized procurement platforms (IT Corporation, Earth Tech, Montgomery Watson, CH2MHill, Arcadis, Roy F. Weston, etc) as well as thousands of suppliers. Unlike other exchanges, ENI charges no commissions on the goods procured through the software. Suppliers pay a nominal subscription fee, while buyers choosing customized or integrated solutions pay an annual license.
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