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Hill International Selected As Project Manager For Julian Adame Residential Development In Mexico

Stocks in this article: HIL

MARLTON, N.J. and SANTA FE, Mexico, June 3, 2013 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), the global leader in managing construction risk, announced today that it has received a contract from ACCIONA Parques Reforma Inmobiliaria, a development company of ACCIONA Inmobiliaria, to provide project and construction management services in connection with the Julián Adame residential development in Santa Fe, Mexico. The three-year contract has an estimated value to Hill of approximately $2.0 million.

The $100 million development will feature the construction of six residential towers, underground parking, common areas and related facilities. Hill will be providing project management services for the first tower and the common areas with the possibility of an extension for the other five towers. Each 20-story tower will include 480 apartments and have a total of 80,000 square meters (860,000 square feet) of built-up space.

"This contract represents Hill's second major residential development in Mexico this year," said Jose Manuel Albaladejo Canedo-Arguelles, Vice President in charge of Hill's project management operations in Latin America. "It reaffirms the fact that Mexico offers tremendous growth potential for Hill," added Albaladejo.

Hill International, with 3,800 professionals in 100 offices worldwide, provides program management, project management, construction management and construction claims and consulting services. Engineering News-Record magazine recently ranked Hill as the 8th largest construction management firm in the United States. For more information on Hill, please visit our website at www.hillintl.com .

The Hill International, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5733

Certain statements contained herein may be considered "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, and it is our intent that any such statements be protected by the safe harbor created thereby. Except for historical information, the matters set forth herein including, but not limited to, any projections of revenues, earnings or other financial items; any statements concerning our plans, strategies and objectives for future operations; and any statements regarding future economic conditions or performance, are forward-looking statements. These forward-looking statements are based on our current expectations, estimates and assumptions and are subject to certain risks and uncertainties. Although we believe that the expectations, estimates and assumptions reflected in our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause our actual results, performance and achievements, or industry results to differ materially from estimates or projections contained in our forward-looking statements are set forth in the Risk Factors section and elsewhere in the reports we have filed with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statement.

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