Fortress International Group, Inc. Announces Director
Retirement
COLUMBIA, Md., April 15, 2013 /PRNewswire/ -- Fortress
International Group, Inc. (Other OTC: FIGI)a provider of
consulting and engineering, construction management and site
services for mission-critical facilities, today announced that
Harvey Weiss has notified the
Company he does not intend to stand for reelection to the Company's
board of directors at the Company's 2013 Annual Meeting of
Shareholders. In his notification, Mr. Weiss cited his
ongoing support for the Company.
"Harvey Weiss was a driving force
in the founding of Fortress International Group and has been a
consistent supporter and contributor to the Company ever since,"
observed Peter Woodward, Chairman of
the board of directors. "He is a person of high integrity,
possessing both technical and business acumen. We hope Harvey
will continue to assist the Company going forward and his
experience, energy and enthusiasm on the board will be missed."
"Fortress has evolved into a uniquely qualified industry leading
provider of modular data center services," Weiss said, adding, "The
current management team is well equipped to capitalize on the
opportunities in the marketplace."
About Fortress International Group, Inc.
Fortress International Group, Inc. is leading mission-critical
facilities into a new era of maximum uptime and efficiency.
Fortress provides consulting and engineering, construction
management and 24/7/365 site services for the world's most
technology dependent organizations. Serving as a trusted advisor,
Fortress delivers the strategic guidance and pre-planning that
makes every stage of the critical facility lifecycle more
efficient. For those who own, lease or manage mission-critical
facilities, Fortress provides innovative end-to-end capital
management, energy, IT strategy, procurement, design, construction,
implementation and operations solutions that optimize performance
and reduce cost.
Fortress International Group, Inc. is headquartered in
Maryland, with offices throughout
the U.S. For more information, visit: www.thefigi.com or call
888-321-4877.
Forward Looking Statements
This press release may contain "forward-looking statements" --
that is, statements related to future -- not past -- events, plans,
and prospects. In this context, forward-looking statements may
address matters such as our expected future business and financial
performance, and often contain words such as "guidance," "expects,"
"anticipates," "intends," "plans," "believes," "seeks," "should,"
or "will." Forward-looking statements by their nature address
matters that are, to different degrees, uncertain. Particular
uncertainties that could adversely or positively affect the
Company's future results include: the Company's reliance on a
significant portion of its revenues from a limited number of
customers; risks relating to operating in a highly competitive
industry; actual or potential conflicts of interest between the
Company and members of the Company's senior management; risks
relating to rapid technological, structural, and competitive
changes affecting the industries the Company serves; the
uncertainty as to whether the Company can replace its backlog;
risks involved in properly managing complex projects; risks
relating the possible cancellation of customer contracts on short
notice; risks relating our ability to continue to implement our
strategy, including having sufficient financial resources to carry
out that strategy; risks relating to our ability to meet all of the
terms and conditions of our debt obligations; uncertainty related
to current economic conditions and the related impact on demand for
our services; and other risks and uncertainties disclosed in the
Company's filings with the Securities and Exchange Commission,
including the Annual Report on Form 10-K for the fiscal year ended
December 31, 2011. These
uncertainties may cause the Company's actual future results to be
materially different than those expressed in the Company's
forward-looking statements. The Company does not undertake to
update its forward-looking statements.
SOURCE Fortress International Group, Inc.
