Houston, Texas, May 23, 2013 (GLOBE NEWSWIRE) -- ENGlobal (NASDAQ: ENG),a leading provider ofenergy-related engineering and automation services, announced todaythat it was awarded the following safety performanceawards: 1. "2012 Best of the Best Level ofAchievement for Safety Excellence" at the 26 th AnnualHouston Business Roundtable (HBR) awards banquet held on May 17,2013 in Galveston, Texas. ENGlobal was nominated by aclient for its OSHA Voluntary Protection Program (VPP) performanceat the facility. In addition, the event recognized many clientowners that support this prestigious annual event. 2. At the 3rd Annual 2012 ContractorSafety Forum on May 2, 2013 in The Woodlands, Texas, ENGlobal wasawarded a "Safety Excellence Award," which recognizes contractorcompanies that have achieved outstanding safetyperformance. 3. Finally, ENGlobal received the"2012 Star of Excellence" Award, which was presented during the2013 Voluntary Protection Program (VPP) Conference in San Antonio,Texas on May 8, 2013. The "Stars Program" level isawarded to worksites if certain safety metrics are at least 90percent below the Bureau of Labor Statistics national industryaverages. "We are extremely pleased to receive theseawards, which recognize ENGlobal for delivering exemplary safetyperformance within our onsite and offsite locations," said WilliamA. Coskey, P.E., ENGlobal's President and Chief ExecutiveOfficer. "Our Health,Safety, and Environmental (HSE) department continues to prioritizehealth and safety in the workplace as well as at home. I would like to recognize ouremployees company-wide for their hard work and congratulate each ofthem on winning these awards." About ENGlobal ENGlobal (NASDAQ: ENG) is a provider ofengineering and related project services principally to the energysector throughout the United States andinternationally. ENGlobal operates through two business segments: Automation andEngineering & Construction. ENGlobal's Automation segmentprovides services related to the design, fabrication andimplementation of process distributed control and analyzer systems,advanced automation, and related informationtechnology. 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 currently hasapproximately 1,400 employees in 11 offices and 9cities. Furtherinformation about the Company and its businesses is availableat www.ENGlobal.com. Safe Harbor for Forward-LookingStatements Thestatements above regarding the Company's expectations regarding itsoperations and certain other matters discussed in this pressrelease may constitute forward-looking statements within themeaning of the federal securities laws and are subject to risks anduncertainties including, but not limited to: (1) our ability tocomply with the terms of the forbearances under the PNC CreditFacility and Ex-Im Bank Facility; (2) our ability to obtain anextension of the forbearance periods under the PNC Credit Facilityand Ex-Im Bank Facility or otherwise obtain the cure or waiver ofdefaults under the PNC Credit Facility and Ex-Im Bank Facility; (3)whether the exploration and consideration of strategic alternativeswill result in any transaction and such transaction's effects onthe Company and its stockholders; and (4) our ability to achieveprofitability and sustainable positive cash flow from ouroperations. TheCompany cautions that the foregoing list of important factors isnot exclusive. Actual results and the timing of certain eventscould differ materially from those projected in or contemplated bythe forward-looking statements due to a number of factors detailedfrom time to time in ENGlobal's filings with the Securities andExchange Commission. In addition, reference is hereby made to cautionary statements setforth in the Company's most recent reports on Form 10-K and 10-Q,and other SEC filings. Also, the information containedin this press release is subject to the risk factors identified inthe Company's most recent Form 10-K. Click here to join our emaillist: http://www.b2i.us/irpass.asp?BzID=702&to=ea&s=0.
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