PITTSBURGH--(BUSINESS WIRE)--May 30, 2006--PDG Environmental, Inc. (OTC BB: PDGE), a leading provider of environmental remediation and specialty contracting services, announced that it has been awarded a number of contracts for mold remediation, reconstruction, and related services in Mississippi and Florida. These projects all relate to recovery work still being performed in the aftermath of hurricanes Katrina, Rita, and Wilma. Of the total, two contracts at a large military complex in Mississippi are worth, in aggregate, over $8.5 million, to be completed by the end of October. In addition, work has begun on two "indefinite delivery, indefinite quantity" (IDIQ) contracts, issued by a multi-county government agency in Florida, for mold remediation and reconstruction; while the ultimate value of these IDIQ contracts to PDGE is not yet determined, the funded budget is in excess of $15 million. "These projects show the continued strong demand for reconstruction work following the devastating effects of last year's hurricanes," commented chairman and chief executive officer John Regan. "Both in Florida and along the Gulf Coast, there appears to be an acceleration in awarding such projects, as local communities strive to improve the impacted areas for residents and visitors alike. Our pipeline of opportunities remains very active, and we do not see any slowing of demand for our expanded mold remediation, reconstruction, and disaster recovery services as we head into this year's hurricane season."
