ERICKSON INC
PORTLAND, Ore., March 22, 2016 (GLOBE NEWSWIRE) -- Erickson Incorporated (NASDAQ:EAC), a leading global provider of aviation services, is pleased to announce two exclusive-use contracts with the State of Alaska’s Department of Natural Resources for wildfire suppression.
Under the contracts, Erickson will provide two medium-lift helicopters; one based in Palmer and another in Fairbanks. The contracts are for one year, with four additional option years.
“Erickson has supported fire suppression efforts in Palmer and Fairbanks for more than 15 years,” said Jeff Roberts, President and CEO of Erickson Incorporated. “We have more than 55 years of experience in Alaska, and currently support facilities in Anchorage, Deadhorse, Nome and the Kenai Peninsula, and we are pleased to continue being a part of protecting people and property from woodland wildfire. Alaska is an important strategic market to us and we look forward to expanding our presence in the state.”
Over the years, Erickson’s Alaska operations have supported a variety of industries. The company has provided transport of passengers and cargo for near-shore oil and gas customers in the Cook Inlet and North Slope as well as provided an aerial school bus for rural students. In Nome, Erickson transports residents to the Western-most point of the United States, the island of Little Diomede. Additionally, the company has worked on utility and infrastructure construction outside of Anchorage.
Erickson is a global leader in aerial firefighting in the United States, Australia, Greece and Turkey.
About Erickson
Erickson is a leading global provider of aviation services and operates, maintains and manufactures utility aircraft to safely transport and place people and cargo around the world. The Company is self-reliant, multifaceted and operates in remote locations under challenging conditions specializing in Global Defense and Security, Manufacturing and MRO, and Commercial Services (comprised of firefighting, HVAC, power line, construction, timber harvesting, oil and gas and specialty lift). With roots dating back to 1960, Erickson operates a fleet of approximately 80 aircraft, is headquartered in Portland, Oregon, USA, and operates in North America, South America, Europe, the Middle East, Africa, Asia Pacific, and Australia. For more information, please visit our new website at www.ericksoninc.com.
This press release contains certain statements relating to future results (including, without limitation, “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “plan,” “expect,” “predict”), which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on beliefs of Company management, as well as assumptions and estimates based on information currently available to the Company, and are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or those anticipated, including certain other risks or uncertainties more fully described under the heading “Risk Factors” in our most recently filed Annual Report on Form 10-K as well as in the other reports we file with the SEC from time to time, which are available at the SEC’s web site located at http://www.sec.gov. You should not place undue reliance on any forward-looking statements. The Company assumes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.
Contact Bobby Lambrix - Media Requests (503) 505-5885, blambrix@ericksoninc.com Zachary Cotner—Investor Relations (503) 505-5804, zcotner@ericksoninc.com
