MARLTON, N.J. and QUEENSLAND, Australia, May 25, 2011 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), the global leader in managing construction risk, announced today that its subsidiary McLachlan Lister Pty. Ltd. has received a contract from the Queensland Government's Department of Transport and Main Roads to provide program management advisory services in connection with the Investment Management Implementation Program.
The Department of Transport and Main Roads manages a significant portfolio of transport and road infrastructure initiatives throughout Queensland, Australia. The IMI Program was developed by the Department to build on the existing foundations for portfolio, program and benefits management within the Department. McLachlan Lister will be managing change management and process refinement for the Department as well as helping to strengthen end-to-end portfolio delivery processes across relevant divisions within the Department.
"McLachlan Lister has done a tremendous job of expanding our project management capabilities in Queensland and throughout Australia," said David L. Richter, Hill's President and Chief Operating Officer: "We are confident that they will exceed our client's expectations on this assignment," added Richter.
Hill International, with 3,000 employees in 100 offices worldwide, provides program management, project management, construction management and construction claims and consulting services. Engineering News-Record magazine recently ranked Hill as the 8th largest construction management firm in the United States. For more information on Hill, please visit our website at .
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Certain statements contained in this press release may be considered "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, and it is our intent that any such statements be protected by the safe harbor created thereby. Except for historical information contained in this press release, the matters set forth herein including, but not limited to, any projections of earnings or other financial items; any statements concerning our plans, strategies and objectives for future operations; and any statements regarding future economic conditions or performance, are forward-looking statements. These forward-looking statements are based on our current expectations, estimates and assumptions and are subject to certain risks and uncertainties. Although we believe that the expectations, estimates and assumptions reflected in our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause our actual results, performance and achievements, or industry results to differ materially from estimates or projections contained in our forward-looking statements include: modifications and termination of client contracts; control and operational issues pertaining to business activities that we conduct on our own behalf or pursuant to joint ventures with other parties; difficulties we may incur in implementing our acquisition strategy; the need to retain and recruit key technical and management personnel; and unexpected adjustments and cancellations related to our backlog. Additional factors that could cause actual results to differ materially from our forward-looking statements are set forth in the reports we have filed with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statement.
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CONTACT: Hill International, Inc. John P. Paolin Vice President of Marketing and Corporate Communications (856) 810-6210 johnpaolin@hillintl.com The Equity Group Inc. Devin Sullivan Senior Vice President (212) 836-9608 dsullivan@equityny.com
