ARCADIS (NASDAQ: ARCAF, EURONEXT: ARCAD), the international consulting and engineering company, today announced that it has executed more than $50 million in agreements for its GRiP® Remediation Program in the past months mostly in the industrial sector.
ARCADIS introduced its GRiP® Remediation Program offering 1994. This offering guarantees the cost to obtain regulatory closure and provides aggressive remediation technologies to accelerate the elimination of contamination. This program is the most successful guaranteed offering in the marketplace today and is used by both public and private sector clients.
Steve Blake, CEO for the Company's U.S. operations, stated, "The execution of these agreements underscores our ability to provide state-of-the-art and innovative solutions to our clients in a cost effective manner. Our leadership position in the guaranteed remediation market reflects our continuing focus on providing technologies that eliminate environmental liabilities and improves our clients' competitive business position. This is true for our government clients as well, where the cleanup certainty we provide enables them to confidently redeploy resources in a timely manner."
ARCADIS is an international company providing consultancy, engineering and management services in infrastructure, environment and facilities, to enhance mobility, sustainability and quality of life. ARCADIS develops, designs, implements, maintains and operates projects for companies and governments. With more than 10,000 employees and over €1 billion in gross revenue, the company has an extensive international network that is supported by strong local market positions.
Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the company's actual results in future periods to differ materially from forecasted results. Those risks include, among others, risks associated with possible changes in environmental legislation and risks with regard to the Company's ability to acquire and execute projects. These are other risks are described in ARCADIS' filings with the Securities and Exchange Commission over the last 12 months, copies of which will be available from the SEC or may be obtained upon request from the Company.