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Pernix Group, Inc. Appoints New Vice President - Power

About Pernix Group, Inc.

Pernix Group, Inc. is a global company with its headquarters in Lombard, Illinois. The company is engaged in two primary business segments: construction services as a Design-Build General Contractor in the Federal and Government market; and building, managing and investing in Power Generation Projects as an Independent Power Producer. Pernix has full-scale construction and management capabilities, with operations in Africa, the Middle East, and the South Pacific. Pernix Group, Inc. common stock is traded on the over-the-counter bulletin board (OTCBB) under the symbol PRXG. Additional information is available at www.pernixgroup.com .

Forward-Looking Statement

Certain of the statements made in this press release are forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Potential risks and other factors that could cause or contribute to actual results differing materially from such forward-looking statements are discussed in greater detail in the Company's filings with the U.S. Securities and Exchange Commission.

CONTACT: Gregg Pollack
         Chief Financial Officer & Vice President - Administration
         Pernix Group, Inc.
         Tel: (630) 620-4787
         gpollack@pernixgroup.com
         
         Carol Groeber
         Corporate Controller and Principal Accounting Officer
         Pernix Group, Inc.
         Tel: (630) 620-4787
         cgroeber@pernixgroup.com
         
         Casey Stegman
         Director of Investor Relations
         Stonegate Securities
         Tel: (214) 987-4121
         casey@stonegateinc.com

Stock quotes in this article: PRXG 

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