Fortress International Group Inc. Appoints Tim Dec as Chief Financial Officer

COLUMBIA, Md., Aug. 8 /PRNewswire-FirstCall/ -- Fortress International Group (Nasdaq: FIGI), holding company for Total Site Solutions (TSS), a company providing comprehensive services for the planning, design and development of mission critical...


COLUMBIA, Md., Aug. 8 /PRNewswire-FirstCall/ -- Fortress International Group (Nasdaq: FIGI), holding company for Total Site Solutions (TSS), a company providing comprehensive services for the planning, design and development of mission critical facilities and information infrastructure, today announced it has appointed Timothy C. Dec as Chief Financial Officer. Mr. Dec will begin his employment with FIGI on August 20, 2007 . He will be responsible for the Company's finance, accounting and treasury functions and will report to Chief Executive Officer Tom Rosato .

Prior to his appointment, Mr. Dec was the Chief Financial Officer of Presidio Networked Solutions Inc. the nation's largest independent value-added solutions provider that offers a wide range of Cisco-centric network infrastructure and collaborative solutions. While there Mr. Dec oversaw the finance, accounting and treasury functions related to approximately $625 million of revenues generated by more than 600 employees across more than 30 states.

From 1999 until June 2006 Mr. Dec was Senior Vice President, Chief Accounting Officer & Treasurer of Broadwing Corporation, a NASDAQ listed telecommunications company with combined revenues in excess of $850 million. While there his responsibilities included oversight of corporate strategic planning functions, management of treasury and risk management functions, direct integration of financial functions after acquisitions, management of corporate tax functions, review of all internal and external financial reporting requirements, internal audit and consulting other non-financial departments on sound fiscal practices. Broadwing Corp was acquired by Level 3 Inc in 2007.

From 1997 to 1999, Mr. Dec was Director of Accounting and Administration for Thermo Trilogy Corporations, a subsidiary of AMEX listed Thermo Electron Company with combined revenues in excess of $4 billion. Earlier in his career, Mr. Dec held finance and accounting related positions at North American Vaccine, Inc. an AMEX listed company engaged in the research, development and manufacturing of vaccines, privately held general contractor Clark Construction and Intertek Services International, LTD, a division of Inchcape Group, a multinational public company based in London , England with revenue in excess of $3 billion.

Mr. Dec holds a Batchelor of Science degree in Accounting from Mount Saint Mary's University in Emmitsburg, Maryland, and a Masters of Business Administration from American University in Washington DC . He is a Certified Public Accountant.

Speaking of Mr. Dec 's appointment, Tom Rosato said, "We couldn't be happier that Tim agreed to join our Company. His experience not only covers all aspects of the finance, treasury and accounting roles, but includes strategic planning, mergers and acquisition as well as the integration of new acquisitions, all roles that he will fulfill while at FIGI. Equally important are his years of experience working with public companies, where he understands how to create and manage financial department infrastructures to support the requirements of a public company. He will be a key part of our growth as a public company."

ABOUT TOTAL SITE SOLUTIONS

Total Site Solutions (TSS) a Fortress International Group company, plans, designs, builds and maintains specialized facilities such as data centers, trading floors, call centers, network operation centers, communication facilities, laboratories and secure facilities. For more than a quarter- century, the TSS team has pioneered building robust and scalable infrastructure into mission-critical facilities. The firm offers unsurpassed expertise in the infrastructure systems (electrical, mechanical, telecommunications, security, fire protection and building automation) that are the critical facility's lifeblood. TSS's comprehensive portfolio of services and multi-disciplinary expertise provide customers a highly respected single source for critical services that bridge the gap between IT and facilities.

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