OTCPK:ERILF - Post by User
Comment by
Blaser2on Mar 02, 2015 9:45am
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Post# 23479238
RE:RE:$USD 24 Million Contract Award
RE:RE:$USD 24 Million Contract Award
Here's the text of the press release for background in case some think this repeats previously-announced contracts. WINNIPEG, MANITOBA--(Marketwired - March 2, 2015) - Empire Industries Ltd. (TSX VENTURE: EIL) today reported that its Dynamic Attractions business unit has been awarded a contract valued in excess of $USD 24 million to supply one of its proprietary robotic track rides to a major theme park in the United Arab Emirates. The contract will largely be executed over the next 24 months. "The global market for our proprietary media-based attractions remains vibrant," said Guy Nelson, Empire's Executive Chairman and Chief Executive Officer. "This is our third major project in the U.A.E., where the diversification into tourism continues to be an important part of the region's economic plans." About Empire Industries Ltd.