|By Marketwired .||
|June 26, 2014 04:05 PM EDT||
HOLLYWOOD, FL -- (Marketwired) -- 06/26/14 -- NV5 Holdings, Inc. (the "Company" or "NV5") (NASDAQ: NVEE), a provider of professional and technical engineering and consulting solutions, has been selected as Program Manager to oversee the property improvement plans for a portfolio of 11 hotels recently acquired by Sage Hospitality. NV5 has also expanded its relationship with Ruth's Hospitality Group to manage renovations and new build locations for the Ruth's Chris and Mitchell's Fish Market brands at multiple locations across the country. Fees for the combined programs are estimated to exceed $1.2 million.
"These awards support our strategy to expand our Program Management vertical on a nationwide basis. Our selection for these projects reflects our recognition by national entities as to our qualifications in owner's representation, and is a testament to the value-added solutions we provide our clients," commented Dickerson Wright, Chairman and CEO of NV5.
NV5 Holdings, Inc. (NASDAQ: NVEE) is a provider of professional and technical engineering and consulting solutions to public and private sector clients in the infrastructure, energy, construction, real estate and environmental markets. NV5 primarily focuses on five business verticals: construction quality assurance, infrastructure, energy, program management and environmental solutions. The Company operates 25 offices in California, Colorado, Utah, Florida, Pennsylvania and New Jersey and is headquartered in Hollywood, Florida. For additional information, please visit the Company's website at www.NV5.com. Also visit the Company on Twitter, LinkedIn, Facebook, and Vimeo.
This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements regarding the Company's ability to expand nationally. The Company cautions that these statements are qualified by important factors that could cause actual results to differ materially from those reflected by the forward-looking statements contained herein. Such factors include, but are not limited to: (a) changes in demand from the local and state government and private clients that we serve; (b) general economic conditions, nationally and globally, and their effect on the market for our services; (c) competitive pressures and trends in our industry and our ability to successfully compete with our competitors; (d) changes in laws, regulations, or policies; and (e) the "Risk Factors" set forth in the Company's most recent SEC filings. All forward-looking statements are based on information available to the Company on the date hereof, and the Company assumes no obligation to update such statements.
NV5 Holdings, Inc.
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The Piacente Group | Investor Relations
Don Markley or Glenn Garmont
Email: [email protected]