Fortress International Group Subsidiary Innovative Power Systems, Inc. Wins $7 Million Contract With WMATA
COLUMBIA, Md., Jan. 30, 2013 /PRNewswire/ -- Fortress International Group, Inc. (Other OTC: FIGI), a provider of consulting and engineering, construction management and 24/7/365 site services for mission-critical facilities, is pleased to announce today that its subsidiary, Innovative Power Systems, Inc., will provide Critical Batteries and other services to WMATA – Washington Metropolitan Area Transit Authority. Services are to include delivery components, storage, and charging of critical batteries. The contract will extend over a five-year period, with the majority of the revenue expected to be realized during the first half of 2013.
Anthony Angelini, Fortress CEO, stated, "We are pleased with this contract that Innovative was able to secure with WMATA. The batteries are part of the mission critical infrastructure of the Washington metropolitan transit system and further represent the trust that major organizations are provided every day from Fortress and our subsidiaries."
About Innovative Power Systems, a subsidiary of Fortress International GroupInnovative Power Systems, Inc. is a preferred provider of turn-key installation services for Critical Power and Cooling. With DoD cleared personnel that include licensed electrical, HVAC/mechanical, and factory certified technicians, we obtain the highest level of customer satisfaction. We provide single source project coordination and management services for installation and life cycle maintenance of Critical Infrastructure power and cooling systems. Our team has over 80 years of combined experience with UPS, Generator, Critical Power & Cooling Systems, and large-complex IT Projects for Public Sector and Commercial clients. We have managed hundreds of installations throughout the world. Other services include site planning and consultation, electrical engineering, site surveys, equipment service (start-ups, emergency service, preventive maintenance, and load bank tests), battery installation and testing, generator installation, equipment deliveries and battery recycling/disposal.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV