DIRTT Environmental Solutions
TSX : DRT

DIRTT Environmental Solutions

January 17, 2014 11:16 ET

Leading Players Sign On to DIRTT's Better Way to Build

CALGARY, ALBERTA--(Marketwired - Jan. 17, 2014) - Five leading players in the energy, engineering, insurance and healthcare sectors are the latest companies to invest in a new and better way to build their interior spaces.

DIRTT Environmental Solutions ("DIRTT") (TSX:DRT) announced today that it has received letters of intent and contracts to design, manufacture and install its prefabricated, modular and sustainable interior construction solutions totalling more than $12 million.

"These wins reflect the growing recognition that DIRTT's approach to building better is good for business in any sector, anywhere," CEO Mogens Smed said in announcing the contracts. "DIRTT's use of our proprietary ICE® software technology revolutionizes interior construction. It shows the customer clearly, and in detail, what they are getting and how much it will cost. Our fully customized solutions give customers exactly what they want without additional charges. We manufacture and deliver solutions faster, cleaner and more efficiently than traditional construction. That's a win across the board for the customer."

The five projects in various regions of North America are with two companies in the energy sector; an engineering and project management specialist; a leading health insurance provider; and our ninth project for a state-of-the-art hospital in Saudi Arabia. Three of the projects are scheduled to be delivered in Q1 and Q2 2014. The other projects will be ordered in phases throughout 2014 and into 2015.

About DIRTT

DIRTT Environmental Solutions (Doing It Right This Time) uses its proprietary 3D software to design, manufacture and install fully customized prefab interiors. Our customers in the corporate, government, education and healthcare sectors benefit from DIRTT's precise design and costing; rapid lead times with the highest levels of customization and flexibility; and faster, cleaner construction.

To find out more about DIRTT (TSX:DRT) please visit our website www.dirtt.net or contact us at ir@dirtt.net.

Forward-Looking Statements

This news release contains forward-looking statements. Forward-looking statements, without limitation, may contain the words "believes", "expects", "anticipates", "estimates", "intends", "plans", or similar expressions. Forward-looking statements are not guarantees of future performance. They involve risks, uncertainties and assumptions and the Company's actual results could differ materially from those anticipated. Forward-looking statements are based on the opinions and estimates of Management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. In the context of any forward-looking information please refer to risk factors detailed in, as well as other information contained in, the Company's filings with Securities Regulators (www.sedar.com). Unless otherwise required by applicable securities laws, we undertake no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise.

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