ENGlobal Awarded Reconstruction Project From Huntsman

HOUSTON, Jan. 31, 2013 (GLOBE NEWSWIRE) -- ENGlobal Corporation (NASDAQ:ENG), a leading provider of energy-related engineering andautomation services, announced today that it has been awarded aproject from Huntsman Performance Products ("Huntsman"), a divisionof Huntsman Corporation (NYSE: HUN), to provide engineering andproject management services at Huntsman's manufacturing plant inPort Neches, Texas.

In April 2012, Huntsman announced its intent toadd 250 million pounds per year of EO capacity to its existing onebillion pounds annual capacity at the same plant.  ENGlobalexpects to perform the engineering, design and project managementof the reconstruction of an Ethylene Oxide (EO) Unit.  

The Company will begin work on the projectimmediately with engineering scheduled to be completed in thesecond quarter of 2013.  

Stu Monteith, President of Huntsman PerformanceProducts, said, "The expansion of our ethylene oxide capacityenables Huntsman to leverage the favorable North American ethanecost position, which will benefit our intermediate chemicals andhas an attractive projected return on investment.  We areexcited to join with ENGlobal to work on this expansion."

"We are pleased to receive this award fromHuntsman, who is a long standing and valued client," said WilliamA. Coskey, P.E., ENGlobal's President and Chief Executive Officer."The award clearly affirms our industry expertise and capability indelivering a safe, quality project in all respects.  We aredeeply committed to addressing our clients' unique project needsand production objectives."

About ENGlobal

ENGlobal (NASDAQ: ENG), founded in 1985, is aprovider of engineering and related project services principally tothe energy sector throughout the United States and internationally.ENGlobal operates through two business segments: Automation andEngineering & Construction. ENGlobal's Automation segmentprovides services related to the design, fabrication &implementation of process distributed control and analyzer systems,advanced automation, and related information technology.  TheEngineering & Construction segment provides consulting servicesrelating to the development, management and execution of projectsrequiring professional engineering as well as inspection,construction management, mechanical integrity, field support,quality assurance and plant asset management.  ENGlobal hasapproximately 1,500 employees in 12 offices and9 cities. Further information about the Company and itsbusinesses is available at www.ENGlobal.com.

About Huntsman

Huntsman is a global manufacturer and marketerof differentiated chemicals. Our operating companies manufactureproducts for a variety of global industries, including chemicals,plastics, automotive, aviation, textiles, footwear, paints andcoatings, construction, technology, agriculture, health care,detergent, personal care, furniture, appliances and packaging.Originally known for pioneering innovations in packaging and,later, for rapid and integrated growth in petrochemicals, Huntsmanhas approximately 12,000 employees and operates from multiplelocations worldwide. The Company had 2011 revenues of over $11billion. For more information about Huntsman, please visit thecompany's website at www.huntsman.com.

Safe Harbor for Forward-Looking Statements

The statements above regarding the Company'sexpectations regarding its operations and certain other mattersdiscussed in this press release may constitute forward-lookingstatements within the meaning of the federal securities laws andare subject to risks and uncertainties including, but not limitedto: (1) our successful execution of this project award and ourreceipt of prompt payment for the services we render to our client;(2) whether the exploration and consideration of strategicalternatives will result in any transaction and such transaction'seffects on the Company and its stockholders; (3) our abilityto comply with the terms of the forbearance agreement with respectto the Company's Revolving Credit and Security Agreement, includingour ability to develop a plan to restore compliance with the termsof such credit facility; (4) our ability to obtain the cure orwaiver of defaults under the Company's Revolving Credit andSecurity Agreement and our existing letter of credit facility withExport-Import Bank of the United States; (5) our ability toachieve profitability and positive cash flow from operations;(6) our ability to collect accounts receivable and processaccounts payable in a timely manner; (7) our ability torespond appropriately to the current worldwide economic situationand the resulting decrease in demand for our services andcompetitive pricing pressure; (8) our ability to achieve ourbusiness strategy while effectively managing costs and expenses;(9) our ability to accurately estimate costs and fees onfixed-price contracts; (10) the effect of changes in the priceof oil; (11) delays related to the award of domestic andinternational contracts; (12) our ability to execute to ourinternal performance plans such as our productivity improvement andcost reduction initiatives; (13) the effect of changes in lawsand regulations with which the Company must comply and theassociated costs of compliance with such laws and regulations,either currently or in the future, as applicable; (14) theeffect of changes in accounting policies and practices as may beadopted by regulatory agencies, as well as by the FASB;(15) the effect on our competitive position within our marketarea in view of, among other things, increasing consolidationcurrently taking place among our competitors; (16) our abilityto win new business and convert those orders to sales within thefiscal year in accordance with our annual business plan;(17) achievement of our acquisition and related integrationplans; and (18) the uncertainties of the outcome oflitigation. Actual results and the timing of certain events coulddiffer materially from those projected in or contemplated by theforward-looking statements due to a number of factors detailed fromtime to time in ENGlobal's filings with the Securities and ExchangeCommission. In addition, reference is hereby made to cautionarystatements set forth in the Company's most recent reports on Form10-K and 10-Q, and other SEC filings.

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CONTACT: Natalie S. Hairston         (281) 878-1000         ir@ENGlobal.com

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