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SoOum Corp/Western Grade (SOUM) Completes Project after Contract Additions, Announces New Contracts Awarded

SHOW LOW, AZ--(Marketwired - November 18, 2016) - Western Grade LLC ("Western") a civil contractor, and wholly owned subsidiary of SoOum Corp (OTC PINK: SOUM), announced it has completed its most recent project for a Government sector client. Located in Northeast Arizona, the contract comprised of grading, sub-grade material, asphalt paving and a concrete low-water crossing was completed on time and on budget. The contract was extended 2 weeks after the project owner initiated 2 additive change orders in the total amount of $22,000, bringing the total project amount to ~$192,000.00 USD from $170,000.00 USD.
Also, with the addition of these contracts to current work on hand, brings the current project pipeline to ~$650,000 USD. Western Grade continues to maintain an aggressive project pipeline, and similarly an active bidding pipeline.
Furthermore, Western's business development team has secured four (4) NEW contracts with a local electric utility to deliver various grading, paving, building pad, and road maintenance projects. Total value of awarded contracts: $155,000 USD.