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Charys' CCI Telecom Receives Contract From Global Defense Contractor to Build Radar Infrastructure Site30 November 2005
Charys Holding Company, Inc. ("Charys")
(OTC BB: CHYS), a company focused on acquisitions within the high-growth
Integrated Infrastructure Services sector, announced today that its wholly
owned subsidiary CCI Telecom, Inc. ("CCI") has been awarded a contract from
a leading global defense contractor. CCI will construct the infrastructure
for a Digital Surveillance Radar Site at MBS International Airport in
Saginaw, Michigan. The value of the contract exceeds $1.4 million, with
work to be completed by CCI within an eight-month schedule.
Mike Novak, CEO of CCI, stated, "CCI's strong reputation in the radar
manufacturing sector stems from 25 years of experience in constructing
radar facilities for large government contractors and private industry,
domestically and abroad. The Saginaw, Michigan, radar site represents the
most recent contract in a succession of digital radar projects that CCI has
been awarded from world-leading defense contractors. This contract
demonstrates CCI's ability to meet today's highest quality of technical
standards, along with accelerated delivery schedules, within the global
radar manufacturing industry."
About CCI Telecom, Inc.
CCI Telecom, Inc. ("CCI") is a leading international telecommunications
infrastructure service provider, specializing in the development and
construction of cellular towers, telephone switching facilities, and
advanced radar and switch installations. CCI has been in business since
1980 and has won many awards, including six annual recognitions as a "Top
50" company by the San Antonio Business Journal, and was recently ranked
one of the nation's "Top 5 for Towers and Antennae" by
Engineering News-Record. CCI's customers include essentially every major
wireless company in the U.S. and various major defense contractors.
Headquartered in San Antonio, Texas, the company has 135 employees and
satellite offices in Dallas, Houston, and Lee, Massachusetts. For more
information about CCI, visit http://www.ccitele.com.
About Charys Holding Company, Inc.
Headquartered in Atlanta, Georgia, Charys Holding Company, Inc. is pursuing
growth opportunities in the Integrated Infrastructure Services Segment,
which is focused on upgrading the underpinning, infrastructure and back
office operations of the telecommunication, cable, electric and Internet
industries serving consumers, businesses and government entities. Charys'
acquisition strategy focuses on companies that bring a strong individual
reputation, proven and underleveraged growth capability, and significant
management commitment to Charys. Charys seeks to acquire stable, cash flow
positive, small to medium-sized private companies engaged in providing
direct services, outsourced services and infrastructure to medium and large
enterprise businesses. Charys intends to operate these companies as
independent subsidiaries, improving aggregate financial performance by
influencing its subsidiaries to develop and leverage beneficial synergistic
relationships. For more information, visit www.charys.com.
Safe Harbor Statement Under The Private Securities Litigation Reform Act of
1995: The statements in the press release that relate to the company's
expectations with regard to the future impact on the company's results from
new products in development are forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. The
results anticipated by any or all of these forward-looking statements may
not occur.
For further information, contact:
At the Company:
Charys Holding Company, Inc.
M. Ralph Delucia
678-443-2300
Email Contact
www.charys.com
Investor Relations:
OTC Financial Network
Peter Clark
781-444-6100 x629
Email Contact
http://www.otcfn.com/chys
SOURCE: Charys Holding Company, Inc.
Source: Marketwire
All trademarks and copyrighted information contained herein are the property of their respective owners.
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