2008-10-07 19:07:03 -
www.tetratech.com - Tetra Tech, Inc. (NASDAQ: TTEK) announced today that it has acquired the assets of DPK Consulting (DPK), a firm with annual revenue of approximately $15 million that is focused on consulting services for the U.S. Agency for International Development (USAID). DPK provides technical, management, and consulting services to help developing and transitioning governments improve
regulations and the rule of law. DPK's clients include USAID, the Asian Development Bank, the World Bank, and a variety of foreign governments worldwide.
"By acquiring DPK, Tetra Tech is taking another important step toward rounding out our full-service offerings to USAID, which has become one of Tetra Tech's largest customers," said Dan Batrack, Tetra Tech's Chairman and CEO.
DPK is based in San Francisco, CA, and has about 120 employees worldwide. The terms of the acquisition were not disclosed.
About Tetra Tech (www.tetratech.com)
Tetra Tech is a leading provider of consulting, engineering, and technical services. With approximately 8,500 associates located in the United States and internationally, the Company supports commercial and government clients in the areas of resource management and infrastructure. Tetra Tech's services include research and development, applied science and technology, engineering design, program management, construction management, construction, and operations and maintenance.
Any statements made in this release that are not based on historical fact are forward-looking statements. Any forward-looking statements made in this release represent management's best judgment as to what may occur in the future. However, Tetra Tech's actual outcome and results are not guaranteed and are subject to certain risks, uncertainties and assumptions ("Future Factors"), and may differ materially from what is expressed. For a description of Future Factors that could cause actual results to differ materially from such forward-looking statements, see the discussion under the section "Risk Factors" included in the Company's Form 10-K and 10-Q filings with the Securities and Exchange Commission.
Tetra Tech, Inc.
Jorge Casado, Investor Relations
Talia Starkey, Media & Public Relations
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