NV5 Appoints Kevin Wedman to Lead ENERGY 2021 Initiative


HOLLYWOOD, Fla., Jan. 03, 2019 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (Nasdaq: NVEE) (“NV5” or the “Company”), a professional engineering and consulting solutions provider, is pleased to announce the appointment of Kevin Wedman, CBO, SVP as Director of ENERGY 2021.

ENERGY 2021 will expand NV5’s energy service offerings across its national platform and introduce new service offerings including energy efficiency optimization, energy sustainability, compliance management and renewable energy to NV5’s existing clients and business lines. The goal of ENERGY 2021 is to capitalize on opportunities throughout the United States and to develop new markets and services in accordance with the proliferation of new technologies and the evolution of power generation and delivery.

Mr. Wedman joined NV5 in 2014, in order to develop the company’s Energy Compliance Service offering.  Since then, he has led NV5’s successful pursuit and award of three significant power projects in California under the jurisdiction of the California Energy Commission, as well as multiple high-profile projects throughout the State of California. 

“By working together to leverage their capabilities, our Energy and Infrastructure Power groups will be able to meet the growing needs of our clients as well as provide innovative solutions using emerging technologies,” Mr. Wedman stated. “I am excited to pioneer the ENERGY 2021 initiative by bringing together these two very strong teams within NV5.”

“Kevin is a natural choice to lead this strategic initiative for NV5,” said Dickerson Wright, PE, Chairman and CEO of NV5.  “He has decades of experience in the power and utility industries and has led the Energy group’s exceptional growth since 2014.”

About NV5

NV5 Global, Inc. (NASDAQ: NVEE) is a provider of professional and technical engineering and consulting solutions ranked #45 in the Engineering News Record Top 500 Design Firms list. NV5 serves public and private sector clients in the infrastructure, energy, construction, real estate and environmental markets. NV5 primarily focuses on five business verticals: construction quality assurance, infrastructure engineering and support services, energy, program management, and environmental solutions. The Company operates out of more than 100 locations nationwide and abroad in Macau, Hong Kong, and the UAE. For additional information, please visit the Company’s website at www.NV5.com. Also visit the Company on Twitter, LinkedIn, Facebook, and Vimeo.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. The Company cautions that these statements are qualified by important factors that could cause actual results to differ materially from those reflected by the forward-looking statements contained in this press release. Such factors include: (a) changes in demand from the local and state government and private clients that we serve; (b) general economic conditions, nationally and globally, and their effect on the market for our services; (c) competitive pressures and trends in our industry and our ability to successfully compete with our competitors; (d) changes in laws, regulations, or policies; and (e) the “Risk Factors” set forth in the Company’s most recent SEC filings. All forward-looking statements are based on information available to the Company on the date hereof, and the Company assumes no obligation to update such statements, except as required by law.

Contact

NV5 Global, Inc.                                           
Jenna Carrick
Investor Relations Manager
Tel: +1-916-641-9124
Email: ir@nv5.com