TKCI Turnkey Capital Inc (PK)

The Keith Companies Awarded Infrastructure Contract for New Model Colony IRVINE, Calif., June 1 /PRNewswire-FirstCall/ -- The Keith Companies, Inc. (NASDAQ:TKCI), an engineering and consulting services firm headquartered in Orange County, California, announced the award of a multi-million dollar contract from NMC Builders, LLC (NMC) for the engineering design, program management and construction management of the New Model Colony Backbone Infrastructure Facilities -- Eastern Portion located in Ontario, California. These facilities will include approximately 34 miles of arterial streets, water and recycled water mains, sewers, storm drains, and dry utilities. NMC is a consortium of 15 land developers and home builders working together in conjunction with the City of Ontario to implement the construction of the underlying public works infrastructure. The initial contract authorization of approximately $3 million is the first portion of over $17 million in expected work for the company. For NMC, design and construction of the supporting infrastructure is paramount to allowing the various homebuilders to individually begin building homes. "I'm excited about bringing these 15 builders and an impressive and highly qualified team of consultants together to design and oversee construction of the needed infrastructure and amenities for this portion of the city of Ontario and for the local community," said Darren McCleve of Lewis Companies, the administrative member of NMC. New Model Colony is comprised of approximately 7,676 acres consisting of 30 planning areas located in Ontario, California. The Keith Companies (TKC) team will provide professional engineering and consulting services for the backbone infrastructure on the eastern portion of the project (approximately 3,500 acres) which includes over 12 of the 30 areas. The ultimate uses of these historical dairy farmlands include homes, commercial buildings, business parks, recreational facilities, golf facilities, government buildings, schools, parks, and other amenities. Aram H. Keith, Chairman and CEO of The Keith Companies, stated, "This is exactly the kind of project we love to do. It is rewarding to be in on a project at the outset, especially a project of this size and with its multiple uses." About The Keith Companies The Keith Companies, Inc. is a fully integrated, multi-disciplined engineering and consulting services company, with offices located throughout the Western and Midwestern United States. The Keith Companies' professionals provide a wide spectrum of skilled resources including land planning, engineering, surveying, mapping, environmental studies, and water and cultural resources that are needed to effectively plan, engineer, and design state-of- the-art private and public facilities. Additionally, the Company provides mechanical, electrical, chemical, power/energy engineering, and other industrial engineering services to design and improve the efficiency and reliability of automated and manufacturing processes, production lines, and fire protection systems. The Keith Companies benefits from a diverse public and private client base varying from residential and commercial real estate projects to institutional, manufacturing, and processing facilities. For more information visit the Company's website at http://www.keithco.com/. Certain statements in this news release may include forward-looking statements that express our expectation, prediction, belief, or projection. These statements involve known and unknown risks, uncertainties, and other factors that may cause the actual results, performance, and achievement of The Keith Companies to be materially and adversely different from any future results, performance, or achievement expressed or implied by these forward- looking statements. Factors that may cause actual results to differ from the forward-looking statements contained in this release and that may affect the Company's prospects in general include, but are not limited to: changes in the economic growth in the United States (especially in California) and other major international economies, our ability to sustain our growth and profitability, the ongoing funding and need for large scale infrastructure enhancements, a downturn in the real estate market, the ongoing financing of public works and infrastructure enhancements and refurbishment, the impacts of our announced merger with Stantec, our ability to implement our acquisition strategy and to successfully close and integrate acquired companies on a timely and cost-effective basis, changes in the carrying value of our goodwill and other long-term assets, our failure to accurately estimate costs on fixed- price contracts or contracts with not-to-exceed provisions, the uncertain timing of awards and contracts, the ability to maintain acquired companies' profit margins and/or client base, outcomes of pending and future litigation, our ability to attract and retain employees, increasing competition by other companies, the short- and long-term impact of terrorist activities and resulting political and military policies, and other factors as are described in the Company's filings with the Securities and Exchange Commission. The forward-looking information set forth in this press release is as of the date indicated above and we undertake no duty to update this information. Contact Information: The Keith Companies, Inc. Financial Relations Board 19 Technology Drive Tricia Ross Irvine, CA 92618 Investor Relations (949) 923-6001 (310) 407-6540 (949) 923-6026 Fax http://www.keithco.com/ Contact: Aram Keith CEO and Chairman of the Board DATASOURCE: The Keith Companies, Inc. CONTACT: Aram Keith, CEO and Chairman of the Board of The Keith Companies, Inc., +1-949-923-6001, or Fax, +1-949-923-6026; or Tricia Ross, Investor Relations, of Financial Relations Board, +1-310-407-6540, for The Keith Companies, Inc. Web site: http://www.keithco.com/

Copyright