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Hill International Receives Major Contract from San Francisco MTA

/ Source: GlobeNewswire

MARLTON, N.J. and SAN FRANCISCO, Oct. 27, 2010 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), the global leader in managing construction risk, announced today that it has received a contract to provide agency capital program controls system procurement and related support services from the San Francisco Municipal Transportation Agency (SFMTA). The eight-year contract has an estimated value to Hill of approximately $22.3 million.

Hill's scope under the contract includes an 18-month development and implementation phase for a fully-integrated program controls and management system for use agency-wide, including on the SFMTA's $1.6 billion Central Subway Program. The system's components will include cost and schedule control, grant management, cost estimating, document management and control, work flow and business reengineering, and contracts and claims management. After implementation, Hill will continue to provide professional services and technical support for the full eight-year contract period.

"Our approach will be to develop and implement a state-of-the-art program management system that will be a showcase for SFMTA and one that other transit agencies will want to use as a model," said Thomas J. Spearing III, President of Hill's Project Management Group (Americas).  

Hill International, with 2,600 employees in 90 offices worldwide, provides program management, project management, construction management and construction claims and consulting services. Engineering News-Record magazine recently ranked Hill as the 8th largest construction management firm in the United States. For more information on Hill, please visit our website at .

The Hill International, Inc. logo is available at

Certain statements contained in this press release may be considered "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, and it is our intent that any such statements be protected by the safe harbor created thereby. Except for historical information contained in this press release, the matters set forth herein including, but not limited to, any projections of earnings or other financial items; any statements concerning our plans, strategies and objectives for future operations; and any statements regarding future economic conditions or performance, are forward-looking statements. These forward-looking statements are based on our current expectations, estimates and assumptions and are subject to certain risks and uncertainties. Although we believe that the expectations, estimates and assumptions reflected in our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause our actual results, performance and achievements, or industry results to differ materially from estimates or projections contained in our forward-looking statements include: modifications and termination of client contracts; control and operational issues pertaining to business activities that we conduct on our own behalf or pursuant to joint ventures with other parties; difficulties we may incur in implementing our acquisition strategy; the need to retain and recruit key technical and management personnel; and unexpected adjustments and cancellations related to our backlog. Additional factors that could cause actual results to differ materially from our forward-looking statements are set forth in the reports we have filed with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statement.


CONTACT: Hill International, Inc. John P. Paolin, Vice President of Marketing and Corporate Communications (856) 810-6210 The Equity Group Inc. Devin Sullivan, Senior Vice President (212) 836-9608