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Tuesday, February 21, 2012

Pernix Group, Inc. Announces That Pernix-Serka JV has Been Awarded a $95-$115 Million Contract by the U.S. Department of State

LOMBARD, Ill., Feb. 21, 2012 /PRNewswire/ -- Pernix Group, Inc. (OTCBB: PRXG) announced today that the U.S. Department of State ("DOS") awarded the Company's joint venture with Serka Insaat VeTicaret A.S., Pernix-Serka JV ("Pernix-Serka"), with a re-procurement contract having an estimated value of between $95 and $115 million for design and construction services work related to the former Sather Air Base in Iraq (n.k.a. the Baghdad Diplomatic Support Center). Previously, the design and construct...continued
 

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