HOUSTON, June 27, 2014 (GLOBE NEWSWIRE) -- ENGlobal (Nasdaq:ENG), a leading provider of engineering and automation services, today announced it has been ranked first on the Houston Chronicle's listing of the top 100 public companies in Houston in the category of Market Return. The full article, published June 22, 2014, can be found on HoustonChronicle.com
The Chronicle 100, an independent annual report issued by the city's daily newspaper, annually ranks Houston area public companies using four performance criteria: total revenue, earnings-per-share growth, annual revenue growth and one-year total return to shareholders. ENGlobal Corporation was ranked first in the category of one-year total return to shareholders on a dividend-reinvested basis.
"It is a great honor to be recognized as a top public company in Houston based on this important metric," said William A. Coskey, P.E., Chairman and Chief Executive Officer of ENGlobal. "In part, this recognition serves to validate the strategy and significant repositioning we've undertaken over the last two years – all critical to the improved performance of our Business. But more importantly, everyone on the ENGlobal Team should feel honored to share in this accomplishment, especially for your excellent efforts and unwavering dedication during this time."
ENGlobal (Nasdaq:ENG) is a provider of engineering and related project services primarily to the energy sector throughout the United States and internationally. ENGlobal operates through two business segments: Automation and Engineering. ENGlobal's Automation segment provides services related to the design, fabrication and implementation of advanced automation, control, instrumentation and process analytical systems. The Engineering segment provides consulting services for the development, management and execution of projects requiring professional engineering, construction management, and related support services. Within the Engineering segment, ENGlobal's Government Services group provides engineering, design, installation and operation and maintenance of various government, public sector and international facilities, and specializes in the turnkey installation and maintenance of automation and instrumentation systems for the U.S. Defense industry worldwide. Further information about the Company and its businesses is available at www.ENGlobal.com.
Safe Harbor for Forward-Looking Statements
The statements above regarding the Company's expectations regarding its operations and certain other matters discussed in this press release may constitute forward-looking statements within the meaning of the federal securities laws and are subject to risks and uncertainties For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ENGlobal's filings with the Securities and Exchange Commission, including the Company's most recent reports on Form 10-K and 10-Q, and other SEC filings.
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Mark A. Hess (281) 878-1040