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Oct 25, 2018

Hill International to Provide Construction Management Services for Massive Brazilian Multi-Purpose Complex as Part of Growing Tourism Market

PHILADELPHIA and MINAS GERAIS, Brazil, Oct. 25, 2018 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), the global leader in managing construction risk, announced today it has received a contract to provide construction management services to Supernova Participações for the construction of Expo Park Pampulha, an $80 million multi-purpose complex.

Located in the City of Belo Horizonte, State of Minas Gerais, Expo Park will include a convention center, hotel, commercial building, and parking structure in a four-block area. The project is expected to be completed in 2021.

Hill will provide cost and budget support in Phase 1, and construction management, post-construction management, account closure, and commissioning during Phase 2.

“ExpoPark will be a one-of-a-kind complex that will host conferences, festivals, fairs, and other large events, as well as become a regional business center,” said Luis Lugo, Hill’s Senior Vice President and Regional Manager, Southeast America/Caribbean/Latin America. “This project will have powerful economic and social impacts, including adding hundreds of new jobs, as well as significant trickle-down effects on industries such as tourism, hospitality, food and beverage, and other service and goods providers that will benefit Brazilians for years to come.”  

About Hill International

Hill International, with approximately 2,800 professionals in more than 50 offices worldwide, provides program management, project management, construction management, and other consulting services to clients in a variety of market sectors. Engineering News-Record magazine recently ranked Hill as the eighth-largest construction management firm in the United States. For more information on Hill, please visit our website at www.hillintl.com.

Forward Looking Statements

Certain statements contained herein 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, the matters set forth herein including, but not limited to, any statements of belief or intent, any statements concerning our plans, strategies, and objectives for future operations; and any statements regarding our intent to file late periodic reports or relisting on a national securities exchange, 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 to differ materially from estimates or projections contained in our forward-looking statements are set forth in the Risk Factors section and elsewhere in the reports we have filed with the Securities and Exchange Commission, including that unfavorable global economic conditions may adversely impact our business, our backlog may not be fully realized as revenue, our expenses may be higher than anticipated, and the review of the Company's accounting, accounting policies and internal control over financial reporting, and the preparation of and the audit or review, as applicable, of filings may take longer than currently anticipated or additional restatement adjustments may be identified. We do not intend, and undertake no obligation, to update any forward-looking statement.

Hill International, Inc.
Elizabeth J. Zipf, LEED AP BD+C
Senior Vice President
Hill International, Inc.
One Commerce Square
2005 Market Street, 17th Floor
Philadelphia, PA 19103
(215) 309-7707
elizabethzipf@hillintl.com

Hill International, Inc.
Greg Wolf
Interim Vice President & Interim Chief Financial Officer  
(215) 309-7776
gregwolf@hillintl.com

InvestorCom
John Glenn Grau
President
(203) 295-7841
jgrau@investor-com.com

(HIL-G)