TKCI Turnkey Capital Inc (PK)

The Keith Companies Begins Work on Texas Wind Power Project IRVINE, Calif., May 12 /PRNewswire-FirstCall/ -- The Keith Companies, Inc. , an engineering and consulting services firm headquartered in Orange County, California, announced that it has begun work in support of development of Phase II of the Sweetwater Wind Power project near Sweetwater, Texas. Phase II of the Sweetwater Project is a 91.5 megawatt (MW) addition to the existing 37 MW wind farm utilizing 61 GE 1.5 MW wind turbines. Planning is currently underway for the ultimate development of the 400 MW wind farm. At the completion of Phase II, approximately 128 MW of the ultimate 400 MW will be completed. Sweetwater Wind Power LLC is a joint development of DKRW, Babcock & Brown and Catamount Energy Corporation. The Keith Companies' Energy & Industrial Services group is providing Owner's Engineer Services. The Company's participation on this second of several phases of the project is expected to run through the remainder of 2004. "This is an excellent opportunity to further expand our efforts in renewable energy and asset management," said Aram Keith, Chairman and CEO of The Keith Companies. "We have additional opportunities developing in wind, solar, and woodwaste, as well as traditional energy projects, and we are encouraged by the increasing level of interest in this area." 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, civil, and other industrial engineering services to design and improve the efficiency and reliability of energy, process, 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, energy, and processing facilities. For more information visit the Company's website at http://www.keithco.com/. About TKC Energy & Industrial Services The Company's TKC Energy and Industrial Services group (TKC) provides total energy & industrial solutions with a broad base of management services. TKC is a multi-disciplined, full service engineering and management team providing industrial and energy project life-cycle support. It supports power, process, LNG/CNG, manufacturing, pharmaceutical, water and central energy facilities. Experience includes natural gas, liquid and coal fuels, wind, biomass and other renewable power generation technologies. Capabilities include initial due-diligence, feasibility studies, design, construction management and plant operations. 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, 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, the ongoing financing of public works and infrastructure enhancements and refurbishment, our ability to attract and retain employees, the demand for electricity and the impact on power providers' plans for expanding generation facilities, continued incentives, financing, and legislation supporting the development of alternative and renewable energy projects increasing competition by foreign and domestic companies, a downturn in the real estate market, risks inherent in doing business outside the United States, including the difficulty of enforcing contracts, political instability and foreign currency fluctuations and potential exchange restrictions, 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. For further information, please contact: Aram Keith, CEO of The Keith Companies, Inc., +1-949-923-6001, or fax, +1-949-923-6026; or Investor Relations, Tricia Ross of Financial Relations Board, +1-310-407-6540, for The Keith Companies, Inc. DATASOURCE: The Keith Companies, Inc. CONTACT: Aram Keith, CEO of The Keith Companies, Inc., +1-949-923-6001, fax, +1-949-923-6026; or Investor Relations, Tricia Ross of Financial Relations Board, +1-310-407-6540, for The Keith Companies, Inc. Web site: http://www.keithco.com/

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