CALGARY, ALBERTA--(Marketwired - June 5, 2014) - DIRTT Environmental Solutions (TSX:DRT) ("DIRTT" or "the Company") announced today it has received notice of award for a project valued in excess of US $30 million to the Company and its Distribution Partner Agile OFIS (Agile) of Houston, Texas.
Initial work for phase 1 of the project is scheduled for the fourth quarter of 2014, with most of the revenue being recognized in 2015.
"This project demonstrates the growing recognition that DIRTT's prefabricated construction interiors are a compelling and sustainable business investment that competes directly with traditional construction," said DIRTT CEO Mogens Smed. "Progressive companies understand the value of a complete interior solution that is so much more than just walls."
"DIRTT's design flexibility, rapid manufacturing and clean, quick installation are winning over more and more clients," said Brian Crawmer, Principal of Agile. "Being able to take a 3D virtual tour during the design phase via DIRTT's ICE® software gives them the understanding and confidence that their space will meet their needs today and in the future before construction begins."
About DIRTT
DIRTT Environmental Solutions uses its proprietary 3D software to design, manufacture and install fully customized prefab interiors. Our customers in the corporate, government, education and healthcare sectors benefit from DIRTT's precise design and costing; rapid lead times with the highest levels of customization and flexibility; and faster, cleaner construction.
To find out more about DIRTT (TSX:DRT) please visit our website www.dirtt.net or contact us at ir@dirtt.net.
Forward-Looking Statements
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