GlobeNewswire Inc | Jun 8, 2021 07:00AM EDT

June 08, 2021

AUSTIN, Texas, June 08, 2021 (GLOBE NEWSWIRE) -- Atlas Technical Consultants, Inc. (Nasdaq: ATCX) (Atlas or the Company), a leading Infrastructure and Environmental solutions provider, announced today its selection for an $11 million, five year contract with the United States Bureau of Reclamation (USBR). The Company will work as part of a joint venture with OLH (Atlas-OLH JV, LLC). Under this contract, the JV will provide construction support personnel to perform construction management and inspection services for USBR facilities.

Working in close collaboration with OLH, we will offer our combined technical expertise and resources to support the Bureau in their mission, said Atlas CEO, L. Joe Boyer. Our Mentor-Protg Agreement with OLH under the All Small Mentor Protg Program (ASMPP) is a testament that with our expanded ESG focus, we can enhance the development of smaller companies in our industry; expand contracting opportunities and widen their experience.

We couldnt be more excited about this award as the first of our joint venture partnership with Atlas, said Gina Bennett-Norris, OLHs Director and CEO. We knew this JV could be a game changer for us and it has proven to be just that. Atlas has been a supportive and valuable partner, and we look forward to greater opportunities in our cooperative efforts.

The United States Bureau of Reclamation is a federal agency under the U.S. Department of the Interior, which oversees water resource management. This management includes the oversight and operation of the diversion, delivery, and storage projects built throughout the western United States for irrigation, water supply, and attendant hydroelectric power generation. Currently the USBR is the largest wholesaler of water in the country, bringing water to more than 31 million people, and providing one in five Western farmers with irrigation water for 10 million acres of farmland, which produce 60% of the nation's vegetables and 25% of its fruits and nuts. The USBR is also the second largest producer of hydroelectric power in the western United States.

About Atlas Technical ConsultantsHeadquartered in Austin, Texas, Atlas is a leading provider of Environmental (ENV), Testing, Inspection & Certification (TIC), Engineering & Design (E&D), and Program, Construction, and Quality Management (PCQM) services. Under the name Atlas Technical Consultants, we offer solutions to public and private sector clients in the transportation, commercial, water, government, education, and industrial markets. With approximately 3,500 employees and a nationwide footprint, Atlas provides a broad range of mission-critical technical services, helping clients test, inspect, certify, plan, design, and manage a wide variety of projects across diverse end markets. For more information, go to https://www.oneatlas.com.

Forward-Looking StatementsThe statements contained in this press release that are not purely historical are forward-looking statements and involve a number of risks and uncertainties. Our forward-looking statements include, but are not limited to, statements regarding our or our management teams expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions and estimates, are forward-looking statements. The words anticipate, believe, continue, could, estimate, expect, intend, may, might, plan, possible, potential, predict, project, should, would and variations of such words and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. The forward-looking statements contained in this press release are based on our expectations and beliefs as of the date of this filing concerning future developments and their potential effects on us. There can be no assurance that future developments affecting us will be those that we have anticipated.

Contacts:

MediaKarlene Barron770-314-5270karlene.barron@oneatlas.com

Investor Relations 512-851-1507ir@oneatlas.com