SAN DIEGO, CA -- (Marketwire) -- 05/02/11 -- GreenHouse Holdings, Inc. ('GreenHouse') (OTCBB: GRHU) announced today that it has been awarded a $151 million contract for the design, development and construction of the Carlstrom National Security Training Center ('Carlstrom') in Central Florida. The contract was awarded to GreenHouse's wholly-owned subsidiary, Life Protection, Inc., by the Pinnacle Performance Group, the executive director for the development team. The design and pre-construction phase of the project will commence immediately.
The U.S. Marine Corps, U.S. Navy SEALs, U.S. Army, Federal Air Marshall Service, U.S. Coast Guard, Border Patrol, Tactical Forces (SWAT and Anti-Terrorism), Customs Enforcement, FEMA, and First Responders (Fire, Police, EMS) will use the Carlstrom facility. Carlstrom will be equipped with a military style urban training facility, tactical driving course, obstacle-training course, shooting range, advanced computers and technology laboratories. The facility will be designed to provide both simulated training scenarios and classroom-based learning. The facility will take approximately three years to complete and once operational will create over 250 jobs.
'We are extremely pleased to have been awarded the $151 million contract for construction of the Calstrom Facility for the training of essential U.S. security personnel,' commented, Billy Jones, VP of Government Services of GreenHouse Holdings. 'GreenHouse's expertise in environmentally friendly contracting made us an ideal fit to complete this large scale project. We look forward to working with local, state and federal law enforcement to create a state-of-the-art facility that is completed on time, on budget, and utilizes sustainable energy solutions. The winning of this marquee contract positions GreenHouse as a market leader in the governmental construction arena and will lead to future contracts creating strong revenue growth and improved profitability.'
GreenHouse is a past performance government contractor supplying the U.S. military with a wide range of products from rapidly deployable and ballistically protected buildings to sustainable, environmentally safe targeting systems and live fire training facilities.
CEO of Pinnacle Performance Group Al DiNicola commented, 'Our team has focused on engaging in relationships with companies who share our vision for building a facility to handle the immediate and long term needs of law enforcement personnel at all levels. The facility will be environmentally sensitive, attract quality instructors and organizations to train and utilize the facility, create sustainable opportunities for employment locally, and be a good corporate citizen in central Florida. GreenHouse assists in providing us the opportunity to attain these core competencies. The combined efforts of GreenHouse and our advisory staff, along with local, state and national law enforcement personnel, create a synergy to develop a world class training facility.'
'I am very proud of the team we have assembled to complete this project,' commented John Galt, Chairman and CEO of GreenHouse Holdings. 'and we look forward to working with Pinnacle Performance Group on this facility that will not only help improve the security of our nation through state-of-the-art first responder training, but assist the Department of Defense in training to support a heightened deployment tempo. This contract is a major milestone for our company and its robust business model which combines best-of-breed energy savings solutions with sustainable facilities construction, and showcases the synergy in our various core competencies and products.'
About GreenHouse Holdings, Inc.
GreenHouse Holdings is a leading provider of energy efficiency and sustainable facilities solutions. The company designs, engineers and installs disparate products and technologies that enable its clients to reduce their energy costs and carbon footprint. Its target markets for energy efficiency solutions include government and military, as well as commercial, residential and industrial markets. In addition, the company develops, designs and constructs rapidly deployable, sustainable facilities primarily for use in disaster relief and security in austere regions. For more information, please visit: www.greenhouseintl.com or the GreenHouse YouTube channel at http://www.youtube.com/greenhouseintl or follow GreenHouse on Twitter @greenhouseintl.
About Pinnacle Performance Group.
The Pinnacle Performance Group, Inc. was founded in the early 1990's after the Resolution Trust Corporation (RTC) take over and sell off of assets and development projects. The PPGI was founded to provide builders, developers, sales and marketing organizations solutions for dealing with the business climate changes affecting the development and housing industry. After 20 years a boutique company has emerged as a recognized leader providing solutions across multiple business applications including organization of large scale developments, structured financing, credit enhancements, business and investment consulting, real estate financing, asset management, project reorganization and development insight. Developing businesses, projects, and communities that are sustainable and sensitive to the environment has been and will be a core competency of the company and all stakeholders. For more information on the Pinnacle Performance Group please visit: www.ThePPGI.com
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements that reflect the Company's current expectation regarding future events. Actual events could differ materially and substantially from those projected herein and depend on a number of factors. Certain statements in this release, and other written or oral statements made by GreenHouse Holdings, Inc. are 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond the Company's control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Important factors that could cause actual results to differ materially from the company's expectations include, but are not limited to, those factors that are disclosed under the heading 'Risk Factors' and elsewhere in documents filed by the company from time to time with the United States Securities and Exchange Commission and other regulatory authorities.
GreenHouse Holdings, Inc. Contacts:
Alliance Advisors, LLC
Rubenstein Public Relations
Email: Email Contact
Pinnacle Performance Group Contacts: