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NV5 Wins Contract to Provide Services for Hong Kong Convention and Exhibition Center

HOLLYWOOD, Fla., Oct. 25, 2017 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (Nasdaq:NVEE) (“NV5” or the “Company”), a provider of professional and technical engineering and consulting solutions, announced today that it was selected to provide building energy data and analytics services for the Hong Kong Convention and Exhibition Center (HKCEC) for three years. NV5 will provide energy efficiency and energy intelligence consulting services for the more than three million square foot HKCEC, including energy commissioning, monitoring and reporting, and energy portfolio management services.

Dickerson Wright, PE, Chairman and CEO of NV5, said, “Since its acquisition by NV5, Energenz has provided great leadership for NV5’s energy intelligence platform and the business continues to grow. We are excited about this opportunity to deliver our consulting services in a subscription-based recurring revenue engagement. Subscription model services are core to our strategy for the ongoing expansion of NV5’s energy intelligence platform.”

“The building energy data that we structure and illustrate with actionable analytics enables our clients to make operational decisions in real time to the benefit of the bottom line for their business,” said Ben Heraud, CEO of Energenz.

Gary Hui, COO of Energenz Asia, said, “HKCEC is another example of the market excitement surrounding NV5’s data analytics solutions. Our data analytics business continues to gain momentum with its ability to translate big data into tangible operation efficiency and productivity.”

About Hong Kong Convention and Exhibition Center

The Hong Kong Convention and Exhibition Centre (HKCEC), located on the magnificent and renowned Victoria Harbour, is owned by the Hong Kong Trade Development Council (TDC) and the Hong Kong Special Administrative Region Government. Since opening in 1988, HKCEC has hosted over 46,000 events and 103 million visitors. The Convention Center offers more than three million square feet of meeting and exhibition space, including two theaters, two multi-purpose halls, seven restaurants, and 52 meeting rooms. HKCEC’s staff of 950 people aims to position HKCEC as one of the best exhibition and convention centers globally; known for excellence and hosting the world’s greatest events while enhancing Hong Kong’s
international image. To read more, visit www.hkcec.com.

About NV5

NV5 Global, Inc. (NASDAQ:NVEE) is a provider of professional and technical engineering and consulting solutions to public and private sector clients in the infrastructure, energy, construction, real estate and environmental markets. NV5 primarily focuses on five business verticals: construction quality assurance, infrastructure engineering and support services, energy, program management, and environmental solutions. The Company operates out of more than 100 locations nationwide and abroad in Macau, Shanghai, Hong Kong, and Vietnam. For additional information, please visit the Company’s website at www.NV5.com. Also visit the Company on Twitter, LinkedIn, Facebook, and Vimeo.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. The Company cautions that these statements are qualified by important factors that could cause actual results to differ materially from those reflected by the forward-looking statements contained in this news release. Such factors include: (a) changes in demand from the local and state government and private clients that 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 successfully compete with our competitors; (d) changes in laws, regulations, or policies; and (e) the “Risk Factors” set forth in the Company’s most recent SEC filings. All forward-looking statements are based on information available to the Company on the date hereof, and the Company assumes no obligation to update such statements, except as required by law.

Contact

NV5 Global, Inc.
Lauren Wright, PhD
Director of Investor Relations
Tel: +1-646-795-3699
Email: ir@nv5.com

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Source: NV5 Global, Inc.