NV5 Receives $ 4 Million In Building Engineering In Middle East

HOLLYWOOD, Fla., November 29, 2021 (GLOBE NEWSWIRE) – NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of compliance, technology, engineering and environmental consulting solutions, today announced that it has won $ 4 million for building engineering and technology projects in the Middle East. The projects include new construction and the renovation of existing structures in the United Arab Emirates and the Kingdom of Saudi Arabia. NV5 will provide design services for mechanical, security and audiovisual systems.

“We are delighted to have been selected for these large-scale projects which will contribute to the continued growth of our international business in the Middle East and Asia,” said Dickerson Wright, PE, President and CEO of NV5. “Our strategy of providing a complete design of mechanical and technological systems, along with continuous commissioning and energy efficiency, gives us a competitive advantage and has resulted in the expansion of our international operations. “

In Saudi Arabia, NV5 will provide mechanical engineering for the conversion of a historic Riyadh palace into a seven-star luxury hotel. In the United Arab Emirates, NV5 will provide HVAC and technology system design services for the redevelopment of four schools and a five-star hotel complex in the desert in Dubai, as well as a mixed-use residential and hotel project in Sharjah consisting of of four laps on a common podium.

“These victories help grow our business in the Middle East as we work to support the Kingdom of Saudi Arabia and the United Arab Emirates as they progress towards their 2030 and 2050 plans,” said Ivor Jarman, vice -executive president of international operations at NV5. .

About NV5
NV5 Global, Inc. (NASDAQ: NVEE) is a provider of compliance, technology, engineering and environmental consulting solutions for public and private sector clients supporting infrastructure, utilities, and assets and systems of sustainable construction. The company focuses on several verticals: testing, inspection and consulting, infrastructure, utilities, building and program management, environmental health sciences and geospatial technology services to provide innovative and sustainable solutions to complex problems and improve the life of our communities. NV5 operates from over 100 offices nationwide and abroad. For more information, please visit the Company’s website at www.NV5.com. Also visit the company on LinkedIn, Twitter, Facebook and Instagram.

Forward-looking statements
This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. The Company cautions that these statements are accompanied by important factors that could cause the results to be published. actuals differ materially from those reflected by the forward-looking statements contained in this press release. These factors include: (a) changes in demand from local and state government and the private customers we serve; (b) general economic conditions, nationally and globally, and their effect on the market for our services; (c) competitive pressures and trends in our industry and our ability to compete successfully with our competitors; (d) changes in laws, regulations or policies; and (e) the “Risk Factors” set out in the Company’s latest filings with the SEC. All forward-looking statements are based on information available to the Company as of the date hereof, and the Company assumes no obligation to update such statements, except as required by law.

Investor Relations Contact

NV5 Global, Inc.
Jack Cochran
Vice-President, Marketing and Investor Relations
Phone. : + 1-954-637-8048
Email: [email protected]

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