---Providing Seamless 24/7 Building Systems Responsibility And Maintenance Across A Wide Range of Facilities, Sectors And Markets----
NORWALK, CONNECTICUT, May 17, 2006 - EMCOR Group, Inc. (NYSE: EME), a Fortune 500® leader in mechanical and electrical construction, energy infrastructure and facilities services for a diverse range of businesses globally, is leading the way in providing the most sophisticated and efficient knowledge, support and maintenance services for customers’ facilities through an array of new and ongoing Mobile Service Solutions projects. These projects, which include the 24/7 operation and maintenance of highly complex mission-critical facilities across multiple market sectors, illustrate the power and scale of EMCOR’s technical connectivity and the value that EMCOR Mobile Service Solutions afford every project.
“What one sees on the surface is an EMCOR service vehicle, part of our national fleet, parked at or traveling to a clients’ facility. But behind the scene is the most sophisticated technical network and knowledge database available in the facilities services industry today. Our mobile services teams across the United States, Canada and the United Kingdom, include thousands of professionals among whom there is virtually no facilities problem that hasn’t been encountered or solution that hasn’t been devised. Our knowledge database is shared and available across the entire EMCOR network, and represents a formidable range of experience that we bring to our clients’ facilities every day,” said Frank T. MacInnis, Chairman and CEO of EMCOR. “Not only can we monitor and maintain our clients’ facilities, but we are constantly looking for ways to make these facilities better and more efficient, preventing future problems and helping our customer to reduce their facility costs.”
Illustrative of EMCOR’s recent Mobile Service Solutions project awards are:
Bristol-Myers Squibb (Wallingford, CT) – EMCOR Services New England Mechanical (NEMSI) monitors and maintains one million square feet at this research facility housing biological and chemical laboratories and sophisticated robotics. Managed by a team of both mobile and onsite NEMSI employees, the Company’s work involves the installation and operation of an extensive system of Direct Digital Control, life safety, and card access systems and closed-circuit interior and perimeter security systems. In addition to operating and maintaining the facility’s central utility plant, NEMSI is also responsible for retrofitting an extensive climate control system whereby 169 laboratories were transformed into separate environmental zones.
New York University Medical Center (New York, NY) – EMCOR subsidiary Gotham Air Conditioning Service provides full and predictive HVAC maintenance of the entire air conditioning and refrigeration systems in approximately 1 million square feet of space encompassing ten buildings.
Anthem Blue Cross and Blue Shield (Walnut Hills, OH) – EMCOR subsidiary DeBra-Kuempel recently completed an expansion of the print mail facility of Anthem Blue Cross and Blue Shield following the company’s merger with Wellspring Health Networks, the nation’s largest publicly-traded commercial health benefits company. DeBra-Kuempel oversees and maintains the facilities and systems for the company’s entire campus, comprised of three buildings representing 460,000 square feet.
The Academy of Music and The Kimmel Center For the Performing Arts (Philadelphia, PA) – EMCOR subsidiary Fluidics operates and maintains the mechanical, electrical, and plumbing systems and provides general building maintenance for the Academy of Music and the Kimmel Center for The Performing Arts. Fluidics was instrumental in transitioning the Kimmel Center from a complex construction project to a fully operational facility and balancing the mix of vintage and retrofitted systems at the historic Academy of Music. Fluidics staffs both facilities with a team of technicians around-the-clock.
University of La Verne (La Verne, CA) – EMCOR Services Mesa Energy Systems is retrofitting the University of La Verne’s HVAC system, encompassing 10 buildings. The project involves replacing 45 existing rooftop air conditioning units, installation of a new modular high efficiency central plant and underground chilled water piping distribution system design for future expansion capability, domestic and heating hot water boiler installations, campus lighting retrofit and a web based energy management system.
Discovery Park Building (Cambridge, MA) – EMCOR Services Northeast recently completed the HVAC build-out of the Discovery Park base building and tenant work for a new six-story, 240,000-square-foot building. The base building work was on behalf of Bulfinch Properties LLC----a long-time maintenance customer for which EMCOR Services Northeast also provides work for 15 other buildings----and included five new gas-fired rooftop units and a new energy management system. EMCOR Services Northeast also completed the tenant work for another tenant in the building, Smithsonian Observatory. The project included complete HVAC systems with humidification and energy efficient filters. In addition, the project also included a preventive maintenance contract for the building and all tenant equipment.
About EMCOR Mobile Service Solutions
EMCOR Mobile Service Solutions gives clients access to a network of professionals in the U.S., U.K., and Canada with a worldwide database of facilities knowledge and experience. This connectivity and access allows the company’s experts to share solutions to any problem, no matter how complex or extreme. EMCOR Mobile Service Solutions is part of EMCOR Solutions, a suite of products that address even the most challenging facilities issues with: business and homeland security that protects people and facilities in unexpected events; expertise in sustainable building practices that can have a positive impact on the bottom line; plans and strategies that help ensure the continuation of an organization if the unthinkable occurs; around-the-clock and around-the-world access to facilities services; mission-critical expertise and the ability to solve problems when others can’t; and preventive and predictive maintenance as well as anytime, anywhere response.
EMCOR has launched its EMCOR Solutions with a nationwide advertising campaign featuring the tagline “Build It. Power It. Service It.”
About EMCOR Group, Inc.
A Fortune 500® company with over $4.7 billion in annual revenues, EMCOR Group, Inc. (NYSE: EME) is a global leader in mechanical and electrical construction, energy infrastructure, and facilities services. EMCOR gives life to new structures and sustains life in existing ones by its planning, installing, operating and maintaining the sophisticated and dynamic systems that create facility environments---such as electrical, mechanical, lighting, air conditioning, heating, security and power generation systems---in virtually every sector of the economy and for a diverse range of businesses around the world. EMCOR’s “knowledge in action” slogan reflects its rare combination of global reach with local execution, combining the strength of an industry leader with the knowledge and care of 140 locations worldwide. The 26,000 skilled employees of EMCOR have made the company, in the eyes of leading business publications, amongst America’s “Most Admired” and “Best Performing.” EMCOR’s diversity---in terms of the services it provides, the industries it serves and the geography it spans---has enabled it to create a stable platform for sustained results. The Company’s strong financial position has enabled it to attract and retain among the best local and regional talent, to undertake and complete the most ambitious projects, and to redefine and shape the future of the construction and facilities services industry.
This release may contain certain forward-looking statements within the meaning of the Private Securities Reform Act of 1995. Any such comments are based upon information available to EMCOR management and its perception thereof, as of this date, and EMCOR assumes no obligation to update any such forward-looking statements. These forward-looking statements may include statements regarding market opportunities, market share growth, gross profit, backlog mix, projects with varying profit margins, and selling, general and administrative expenses. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Accordingly these statements are no guarantee of future performance. Such risk and uncertainties include, but are not limited to, adverse effects of general economic conditions, changes in the political environment, changes in the specific markets for EMCOR’s services, adverse business conditions, availability of adequate levels of surety bonding, increased competition, unfavorable labor productivity and mix of business. Certain of the risks and factors associated with EMCOR’s business are also discussed in the Company’s 2005 Form 10-K, its Form 10-Q for the first quarter ended March 31, 2006, and in other reports filed from time to time with the Securities and Exchange Commission. All these risks and factors should be taken into account in evaluating any forward-looking statements.
CONTACT:
Mava Heffler
Vice President, Marketing & Communications
EMCOR Group. Inc.
203-849-7814
Media:
Bruce Ross
Bruce Ross Associates Inc.
212-768-1155
