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Pernix Group, Inc. Announces Award of U.S. Department of State’s Kampala, Uganda’s New Office Annex

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LOMBARD, IL — October 19, 2017 — Pernix Group, Inc. announced the award of a $138 million contract to Pernix Group to construct the New Office Annex in Kampala, Uganda. The work will be performed for the U.S. Department of State, Bureau of Overseas Building Operations and includes the construction and commissioning of a new office annex, main, consular, and access facilities, a new support annex for facility maintenance and vehicular maintenance shops, utility building, and a partial underground parking structure for official and staff vehicles. The project will be built with sustainable practices, and is expected to achieve LEED Silver Certification.

“It has been a privilege serving the Department of State over the past eleven years and we are honored to have been selected to construct the New Office Annex in Kampala, Uganda,” said Nidal Zayed, CEO & President of Pernix Group. “We look forward to safely delivering the project and exceeding our customer’s expectations.”

About Pernix Group, Inc.

Pernix Group, Inc. is a construction company recognized by Engineering News-Record for being one of the Top 50 American Contractors Working Abroad for the last six years in a row. Headquartered in Lombard, Illinois, Pernix has operations in the United States, Africa, Asia, the Middle East, and the Pacific Rim. Pernix has full-scale construction and management capabilities, in three primary markets: Federal Government, Commercial & Industrial, and Power.

Forward-Looking Statement

Certain of the statements made in this press release are forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Potential risks and other factors that could cause or contribute to actual results differing materially from such forward-looking statements are discussed in greater detail in the Company’s filings with the U.S. Securities and Exchange Commission.