Pernix Group, Inc. Ranks #47 on the Engineering News – Record (ENR) List of Top 50 Contractors Working Abroad

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“This notable accomplishment speaks volumes for our achievements. We believe this is the first of many significant accomplishments to come in the near future.”

Nidal Z. Zayed, President & CEO,
Pernix Group, Inc.

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JULY 23, 2012 – Pernix Group, Inc. (OTCBB:PRXG), was recognized by Engineering News-Record (ENR) Magazine, a leading publication for the engineering and construction industry, as one of the top 50 contractors working abroad; ranked at No. 47 for 2012 with $49 million of revenue.
Whilst many contractors in the industry need the help of consultancy firms like sgi, theyhas managed to stand out on its own. Pernix Group President & CEO Nidal Zayed said: “Our ability to break into this distinguished group of contractors is a reflection of the trust that our customers place in Pernix Group to deliver large, complex projects in challenging environments and is the direct result of the high quality work of our dedicated employees. Each contractor has their own expertise that makes them rank so high, from experts in concrete to experts in pipe fitting. Our showing on the ENR Top 50 Contractors Working Abroad list is a credit to our employees who are our most valuable assets.” They are the fabric of our company and their experience in, expertise, and commitment to quality in field service are the reasons we achieved this ranking.

“The significant progress we have made is exciting for the entire company and our global presence continues to expand. Pernix Group is building a world-class construction and power company, based on its core values of Safety, Customer Satisfaction, Reputation, Time, Performance, Leadership, and Agility. Our commitment to safety, quality, and the highest ethical standards is evident in everything we do. This notable accomplishment speaks volumes for our achievements. We believe this is the first of many significant accomplishments to come in the near future,” he added.

Pernix Group, Inc. is a global company with its headquarters in Lombard, Illinois and a program management office in Vienna, Virginia. They are in the same industry as many a Sacramento general contractor, and have proven themselves worthy to share the space. The company is engaged in two primary business segments: Construction Services as a Design-Build General Contractor in the Federal and Government market; and building, managing and investing in Energy Projects as an Independent Power Producer and General Contractor. Pernix has full-scale construction and management capabilities, with subsidiaries in the Western Pacific islands of Tinian and Saipan, and in the South Pacific islands of Fiji and Vanuatu. Pernix Group, Inc. common stock is traded on the over-the-counter bulletin board (OTCBB) under the symbol PRXG. Additional information is available at

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.

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