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Re: stock1ace1 post# 9

Tuesday, 11/10/2015 9:56:00 PM

Tuesday, November 10, 2015 9:56:00 PM

Post# of 55
$PRXG Pernix Group, Inc. Office Building Compound Rehabilitation Project at the U.S. Embassy Niamey, Niger Reaches Final Completion

Nov 06, 2015
OTC Disclosure & News Service

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LOMBARD, Ill., Nov. 06, 2015 (GLOBE NEWSWIRE) -- Pernix Group, Inc. (OTCQB:PRXG), a construction company recognized by Engineering News-Record for being one of the Top 50 American Contractors working abroad for the last four years in a row, today announced that the Office Building Compound Rehabilitation Project at the U.S. Embassy in Niamey, Niger is working towards Final Acceptance after successfully reaching Final Completion on September 30, 2015.

The Pernix Niamey Team will leave behind a fully renovated general and consular office building, new hardened and conditioned warehouse building and support annex inclusive of new motor pool driver lounge, new utility demarcation, electrical controls, and power generation buildings. Pernix self-performed the fit-out of newly built special use space increasing Chancery building’s footprint and capacity by over 185 square meters. Additionally, existing life safety systems were upgraded throughout all existing buildings and interconnected to new fire and sprinkler systems per latest NFPA and UL standards.

“The Niamey Team worked hard to integrate safety into all work activities of the project by increasing awareness and training that included multi-lingual instruction delivery, hands-on understanding and use of safety equipment and procedures benefiting the locally employed construction personnel,” said Nidal Z. Zayed, Pernix’s CEO & President. He went on to say, “Our procedures and guidelines have kept our project’s multinational team safe resulting in our team exceeding 1.5 million total man-hours without lost time accident.”

About Pernix Group, Inc.
Pernix Group, Inc. is a construction company recognized by Engineering News-Record for being one of the Top 50 American Contractors Working Abroad for the last four years in a row. Headquartered in Lombard, Illinois, Pernix has operations in the United States, Africa, Asia, the Middle East, and the Pacific Rim. Pernix has full-scale construction and management capabilities, in three primary markets: Federal Government, Commercial & Industrial, and Power. Recently, Pernix Group expanded its domestic Commercial & Industrial operations by acquiring KBR Building Group, now known as BE&K Building Group. Pernix also expanded its Pacific operations this year by acquiring assets of DCK Pacific Guam, now operating as Pernix Guam LLC.

Pernix Group, Inc. common stock is traded on the over-the-counter quotation board (OTCQB) under the symbol PRXG. Additional information is available at www.pernixgroup.com.

Forward-Looking Statement
Certain of the statements made in this press release are forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Potential risks and other factors that could cause or contribute to actual results differing materially from such forward-looking statements are discussed in greater detail in the Company’s filings with the U.S. Securities and Exchange Commission.


Contact Investor Relations:
investorrelations@pernixgroup.com
Copyright © 2015 GlobeNewswire. All Rights Reserved


The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.

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