SOURCE: TRC Companies, Inc.

TRC Companies, Inc.

June 17, 2014 09:00 ET

TRC Awarded Storm Hardening Contract by Public Service of New Hampshire

Company to Support Improved Protection Against Weather Related Outages

LOWELL, MA--(Marketwired - Jun 17, 2014) - TRC Companies, Inc. (NYSE: TRR) was recently awarded a $1.5 million contract by Public Service of New Hampshire (PSNH) to support the hardening of transmission lines and structures throughout the state as a preventative measure against outages caused by weather events.

"Public Service of New Hampshire is a long-term client of TRC, and we are proud to support them on this important project," said Chris Vincze, Chairman and Chief Executive Officer. "Our experience in hardening Northeast Utilities' system in Connecticut after the 2011 storms made us uniquely qualified to manage this transmission engineering project, ensuring a stronger electrical infrastructure for PSNH and more reliable service for its customers." 

TRC will analyze 101 power lines (115 kV, 230 kV, and 345 kV) totaling 1,019 miles and approximately 11,500 structures within PSNH's transmission system. Based on that analysis, TRC will recommend design improvements for overloaded structures and prioritize them for replacement. The project is anticipated to be complete in 2015.

About TRC
A pioneer in groundbreaking scientific and engineering developments since the 1960s, TRC is a national engineering, consulting and construction management firm that provides integrated services to the energy, environmental and infrastructure markets. TRC serves a broad range of clients in government and industry, implementing complex projects from initial concept to delivery and operation. TRC delivers results that enable clients to achieve success in a complex and changing world. For more information and updates from the Company, visit TRC's website at www.TRCsolutions.com and follow TRC on Twitter and StockTwits at @TRC_Companies and on LinkedIn.

Forward-Looking Statements
Certain statements in this press release may be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. You can identify these statements by forward-looking words such as "may," "expects," "plans," "anticipates," "believes," "estimates," or other words of similar import. You should consider statements that contain these words carefully because they discuss TRC's future expectations, contain projections of the Company's future results of operations or of its financial condition, or state other "forward-looking" information. TRC believes that it is important to communicate its future expectations to its investors. However, there may be events in the future that the Company is not able to accurately predict or control and that may cause its actual results to differ materially from the expectations described in its forward-looking statements. Investors are cautioned that all forward-looking statements involve risks and uncertainties, and actual results may differ materially from those discussed as a result of various factors, including, but not limited to, the uncertainty of TRC's operational and growth strategies; circumstances which could create large cash outflows, such as contract losses, litigation, uncollectible receivables and income tax assessments; regulatory uncertainty; the availability of funding for government projects; the level of demand for TRC's services; product acceptance; industry-wide competitive factors; the ability to continue to attract and retain highly skilled and qualified personnel; the availability and adequacy of insurance; and general political or economic conditions. Furthermore, market trends are subject to changes, which could adversely affect future results. See the risk factors and additional discussion in TRC's Annual Report on Form 10-K for the fiscal year ended June 30, 2013, Quarterly Reports on Form 10-Q, and other factors detailed from time to time in the Company's other filings with the Securities and Exchange Commission.

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