DIRTT Continues Expansion Across Construction Partner Network
March 27 2023 - 7:15AM
In a recent announcement from DIRTT (or the “Company”) (Nasdaq:
DRTT, TSX: DRT), a global leader in industrialized construction,
the company highlighted the expansion of six and addition of three
new DIRTT Construction Partners to its network. Expanded and new
partners will serve clients throughout Northern California; Iowa;
Denver, Colorado; Southern Illinois; Edmonton, Alberta; Alabama;
Austin, Texas; Memphis, Tennessee; and Mexico in addition to
DIRTT’s extensive existing network.
DIRTT connects with its clients through an international network
of DIRTT Construction Partners to ensure the effective management
and execution of the DIRTT scope on every project from
pre-construction through order, installation, and beyond. Long
term, DIRTT’s partners support clients with reconfigurations,
adaptations, and adjustments, continuously protecting their
investment in DIRTT, while helping to keep their spaces relevant to
their unique needs for years or decades to come.
Benjamin Urban, CEO, commented, “DIRTT’s construction partners
are our vital link to the unique requirements of every construction
market. Our teams at DIRTT remain heavily focused on strengthening
trust and credibility with our construction partners and clients.
I’m pleased to see the results of these efforts taking shape as our
partners expand their commitment and investment in DIRTT, realizing
the value DIRTT brings to their clients. Through ongoing
collaboration with our expanding partner teams, we are increasing
our competitive advantage in both innovation and efficiency. This
alignment continues to drive a healthier project pipeline as we
look forward to the balance of 2023.”
About DIRTT
DIRTT is a global leader in industrialized construction. Its
system of physical products and digital tools empowers
organizations, together with construction and design leaders, to
build high-performing, adaptable, interior environments. Operating
in the workplace, healthcare, education, and public sector markets,
DIRTT’s system provides total design freedom and greater certainty
in cost, schedule, and outcomes. Headquartered in Calgary, Alberta,
Canada, DIRTT trades on Nasdaq under the symbol “DRTT” and on the
Toronto Stock Exchange under the symbol “DRT”.
Forward Looking Statements:
This news release contains forward-looking information within
the meaning of applicable securities legislation, which reflects
the Company's current expectations regarding future events,
including statements about the issuance of shares to 22NW and
timing thereof; the required regulatory and shareholder approvals
and the timing thereof; the effect of the share issuance on DIRTT's
balance sheet and position for long-term success; trading
restrictions applicable to the issued shares; and the value
creation for DIRTT's clients, partners, employees and shareholders.
In some cases forward-looking information can be identified by such
terms as "will" and "expected". Forward-looking statements are
based on certain estimates, beliefs, expectations, and assumptions
made in light of management's experience and perception of
historical trends, current conditions and expected future
developments, as well as other factors that may be appropriate.
Forward-looking statements necessarily involve unknown risks and
uncertainties, which could cause actual results or outcomes to
differ materially from those expressed or implied in such
statements. Due to the risks, uncertainties, and assumptions
inherent in forward-looking information, you should not place undue
reliance on forward-looking statements. Factors that could have a
material adverse effect on our business, financial condition,
results of operations and growth prospects include, but are not
limited to, the severity and duration of the COVID-19 pandemic and
related economic repercussions and other risks described under the
section titled "Risk Factors" in our Annual Report on Form 10-K for
the year ended December 31, 2022, filed with the U.S. Securities
and Exchange Commission and applicable securities commissions or
similar regulatory authorities in Canada on February 22, 2023. Our
past results of operations are not necessarily indicative of our
future results. You should not rely on any forward-looking
statements, which represent our beliefs, assumptions and estimates
only as of the dates on which they were made, as predictions of
future events. We undertake no obligation to update these
forward-looking statements, even though circumstances may change in
the future, except as required under applicable securities laws. We
qualify all of our forward-looking statements by these cautionary
statements.
For further information, please contact
DIRTT Investor Relations
ir@dirtt.com
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