Fortress International Group's Wholly Owned Subsidiaries, Total Site Solutions and Rubicon Professional Services, Now Doing Busi
May 11 2009 - 6:00AM
Marketwired
Fortress International Group, Inc. (NASDAQ: FIGI) (NASDAQ: FIGIU)
(NASDAQ: FIGIW) ("Fortress"), a leading provider of Consulting and
Engineering, Construction Management and 24/7/365 Site Services for
mission-critical facilities, announced today that two of its wholly
owned subsidiaries, Total Site Solutions and Rubicon Professional
Services, are now doing business as Fortress International Group.
The subsidiaries' name change reinforces Fortress
International's position as the most recognized and respected brand
in the critical facility infrastructure solutions industry. In
conjunction with the subsidiaries' rebranding, Fortress today
announced several new service offerings: Fortress Capital
Solutions, Fortress Real Estate Solutions and Fortress Strategic
Energy Management Solutions? (SEMS). The new service offerings are
integral components of Fortress International's strategy to provide
the critical facilities market's most complete spectrum of
solutions.
-- Fortress Capital Solutions offer customers a means for financing
physical infrastructure equipment and improvements through the sale and
lease back of existing assets, performance contracting solutions and joint
venture opportunities. This solution benefits Fortress customers by
conserving capital, removing capital expenses from their corporate balance
sheets and eliminating possible barriers for project execution.
-- Fortress Real Estate Solutions bring technology, energy and
development expertise to the real estate process for critical facility
owners. Fortress provides asset-based due diligence services, site
assessments, analysis and evaluations from a utility, security and
telecommunications perspective. Fortress also provides conceptual design,
construction modeling and budgeting (capital and operating pro formas), and
technology market analysis, whether it be a real estate, co-location or
hosting model.
-- Fortress Strategic Energy Management Solutions for the first time
offer technology-dependent organizations an integrated approach to power
and conservation within critical facilities. Fortress SEMS goes beyond
standard energy efficiency audits and integrates the myriad of
environmental, technical, legal, financial and administrative energy
considerations facing technology-dependent organizations. Fortress SEMS
services include Demand Side Management, Sustainability and Green
Initiatives, Energy Procurement, Bill Audit and Pay services, Demand
Response Programs and Management Reporting.
Thomas P. Rosato, Fortress International's CEO, stated: "These
new services, combined with Fortress International's core services
in Consulting and Engineering, Construction Management and Site
Services for critical facilities, provide our customers a complete
and integrated approach to driving efficiencies and reducing cost
through all phases of their critical facilities' lifecycles.
Through strategic acquisitions and recent key hires, Fortress
International is uniquely qualified to deliver on this promise to
our customers, which is backed by a technical and management team
that averages more than 25 years' experience in the critical
facilities industry."
Concluded Mr. Rosato, "Following the rebranding, Fortress
International stands as the premier provider of comprehensive and
turnkey infrastructure solutions to the highly fragmented critical
facilities market. The acquisitions of Total Site Solutions and
Rubicon, coupled with the introduction of these new services,
accelerate our strategy to become a one-stop shop to the world's
most technology-dependent organizations and gives us the means with
which to deepen and expand our penetration of the market for
additional and higher margin revenue opportunities. We believe the
benefits of this vertically integrated strategy will be felt by
customers, shareholders and employees in the months and years to
come."
The subsidiary name changes are effective immediately. Fortress
Capital Solutions, Fortress Real Estate Solutions and Fortress
Strategic Energy Management Solutions are also now available.
About Fortress International Group, Inc.:
Fortress International Group, Inc. is leading mission-critical
facilities into a new era of maximum uptime and efficiency. By
combining the knowledge and experience of Total Site Solutions and
Rubicon Professional Services, two experts in critical facilities
infrastructure, Fortress International provides Consulting and
Engineering, Construction Management and 24/7/365 Site Services for
the world's most technology-dependent organizations. Serving as a
trusted advisor, Fortress delivers the strategic guidance and
pre-planning that makes every stage of the critical facility
lifecycle more efficient. For those who own, lease or manage
mission-critical facilities, Fortress provides innovative
end-to-end capital management, energy, IT strategy, procurement,
design, construction, implementation and operations solutions that
optimize performance and reduce cost. Fortress International Group,
Inc. -- setting a new standard for the optimized critical
facility.
Fortress International Group, Inc. (NASDAQ: FIGI) is
headquartered in Maryland, with offices throughout the U.S. For
more information, visit: www.fortressinternationalgroup.com or call
888-321-4877.
Company Contact: Tom Rosato Chief Executive Officer Fortress
International Group, Inc. Phone: (410) 423-7438 Investor Relations:
Sanjay M. Hurry The Piacente Group. Inc. Phone: (212) 481-2050
sanjay@tpg-ir.com
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