PRIMW Primoris Services Corp Wrts (MM)

Primoris Services Corporation (NasdaqGM: PRIM; PRIMU; PRIMW) (�Primoris�), one of the largest specialty contractors and engineering companies in the Western United States, today announced that it has signed a contract with one of the country�s largest combination natural gas and electric utilities for a compressor station upgrade in Northern California. The contract will generate revenue to Primoris of approximately $54 million. Under the terms of the contract, the work will include the demolition of certain existing equipment and facilities and the engineering, procurement, construction (�EPC�) and commissioning of two new variable frequency drive/electric motor (VFD/EM)-driven compressors. Primoris will also perform various station upgrades to improve the operability of the compressor station. Procurement of major equipment and engineering will start immediately, with construction scheduled to commence in October 2009. Construction is expected to have a duration of approximately 16 months. Tim Healy, President of Primoris�s operating subsidiary, said, "We are currently providing ongoing power plant and pipeline construction services to this client, and are pleased to be able to broaden our relationship by providing EPC services for a natural gas compressor retro-fit project. We remain an active participant in helping California�s utilities meet the state�s growing and increasingly complex energy needs.� About Primoris Services Corporation Primoris Services Corporation, through various subsidiaries, is one of the largest specialty contractors and engineering companies in the Western United States, primarily serving the growing power and energy sectors. Primoris provides a wide range of construction, fabrication, maintenance and replacement services, as well as engineering services to major public utilities, petrochemical companies, energy companies, municipalities and other customers. Primoris is also a leading water and wastewater contractor in the state of Florida, and a specialist in designing and constructing complex commercial and industrial concrete structures in California. Forward-Looking Statements This press release contains certain forward-looking statements, including with regard to the Company�s future performance. Words such as "estimated," "believes," "expects," "projects," and "future" or similar expressions are intended to identify forward-looking statements. Forward-looking statements inherently involve risks and uncertainties, including without limitation, those described in this press release and those detailed in the "Risk Factors" section and other portions of the Registration Statement, the Amendment and other filings with the SEC. Primoris Services Corporation does not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.