PDG Environmental Awarded Contracts Worth $6.6 Million

PITTSBURGH--(BUSINESS WIRE)--PDG Environmental, Inc. (OTC BB: PDGE - News), a leading provider of environmental remediation and specialty contracting services, announced today that it has been awarded a number of contracts valued, in aggregate, at $6.6 million. Reconstruction projects in California, Mississippi, and Georgia are worth approximately $5.7 million, consisting of restoration work on properties damaged by storms, fire, and mold. In addition, the company has been awarded a contract worth approximately $0.9 million for lead abatement work in California at a historic facility being renovated. PDG Environmental estimates that these projects will primarily impact the second and third quarters of fiscal 2008.

"Our typically slow fiscal first quarter has proven to be one of strong business activity, and the trend appears to be continuing into our fiscal second quarter," said John Regan, chairman and chief executive officer. "Asbestos abatement demand has been high, and our reconstruction contracts are showing a pickup as well, evidenced by these recent awards. We are seeing no decline in bid activity as we head into the hurricane season, and we expect a return to profitability as our right-sizing and marketing initiatives bear fruit."

About PDG Environmental

PDG Environmental, Inc., headquartered in Pittsburgh, PA, is a leading provider of specialty contracting services including asbestos abatement, mold remediation, emergency response, demolition and reconstruction to commercial, industrial and governmental clients nationwide. With over twenty years experience, PDG Environmental has offices nationwide capable of responding to customer requirements coast to coast. For additional information, please visit http://www.pdge.com.

Safe Harbor Statement under Private Securities Act of 1995: The statements contained in this release, which are not historical facts, may be deemed to contain forward-looking statements, including, but not limited to, deployment of new services, growth of customer base, and growth of service area, among other items. Actual results may differ materially from those anticipated in any forward-looking statement with regard to magnitude, timing or other factors. Deviation may result from risk and uncertainties, including, without limitation, the Company's dependence on third parties, market conditions for the sale of services, availability of capital, operational risks on contracts, and other risks and uncertainties. The Company disclaims any obligation to update information contained in any forward-looking statement.

Contact:

PDG Environmental, Inc.
John C. Regan, Chairman & CEO, (412) 243-3200

or

Investors:
Lippert / Heilshorn & Associates, Inc.
Chris Witty, (212) 201-6609
cwitty@lhai.com

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Source: PDG Environmental, Inc.