To: Spekulatius who wrote (21249 ) 5/23/2005 10:23:58 AM From: - with a K Respond to of 78778 PDG Environmental Awarded $7.2 Million in New Contracts Monday May 23, 8:00 am ET PITTSBURGH--(BUSINESS WIRE)--May 23, 2005--PDG Environmental, Inc. (OTC BB: PDGE - News), an environmental and specialty contractor, today reported that it has been awarded $7.2 million in new contracts. The first is a $6.4 million contract for interior demolition and asbestos abatement at a 25-floor, high-rise in Pittsburgh, Pennsylvania. The work on this contract, which is part of a modernization project, has started and will be performed in four phases over the next three years. The second contract is for $800,000 for asbestos abatement at an apartment complex in Las Vegas, which is being demolished to make way for a new condominium development. The project will start immediately and is scheduled for completion in sixty days. John Regan, Chairman and CEO, commented, "We are extremely pleased to have been chosen to perform these projects. These new awards contribute significantly to PDGE's already strong backlog. The first contract provides a good base workload for our Pittsburgh operations, and the Las Vegas project contributes significantly to operations in that City, where we are currently working on a $1.4 million contract at the Las Vegas Airport." PDG Environmental, Inc., is an environmental and specialty contractor providing asbestos and lead abatement, insulation, microbial remediation and demolition and related services dedicated to assisting its commercial, industrial and governmental clients in complying with environmental laws and regulations. Regional marketing and project operations are conducted through branch offices located in New York City, NY; Paramus, NJ; Hazelton and Export, PA; Fort Lauderdale and Tampa, FL; Houston and Pasadena, TX; Phoenix, AZ; Rock Hill, SC; Portland, OR; Seattle, WA; and Los Angeles, CA. For additional information on the company, please visit pdge.com . And for more information on mold and its effect on indoor air quality, please visit epa.gov .