GreenHouse Holdings, Inc. (Pinksheets:GRHU), a San Diego, California based integrated energy solutions provider and developer of eco-friendly infrastructure, reported the signing of multiple contract awards for its Life Protection (NYSE:LPI) Governmental Services Division, totaling $6 million. The recently acquired LPI subsidiary provides innovative training, support, design and construction of facilities and services to meet the needs of the U. S. Government, military, and law enforcement agencies.
The governmental contracting entities include the U.S. Marine Corps School of Dynamic Entry in Quantico, VA and the U.S. Army Schofield Barracks Range Support in Honolulu, HI. The combined value of these contracts totals $1.5 million and includes GreenHouse's brand of Rapidly Assembled Portable Structures, (RAPS). In addition, to the governmental contracts, GreenHouse has signed contracts totaling $4.5 million for commercial projects, including a design-build contract for services ranging from project management and land planning to eco-friendly building products and services. GreenHouse expects the majority of the contracted work to be completed by year end 2010.
GreenHouse Holdings, Inc. is a San Diego, California based integrator of some of the world's most innovative environmental, public safety, infrastructure technologies. GreenHouse provides systems that are financially sound and sustainable to residential, commercial, industrial and government markets around the globe. GreenHouse provides energy-efficiency products, energy management systems, eco-friendly infrastructure, scalable waste-to-fuel bio-fuel and closed loop systems, as well as other proprietary technologies and products that are utilized to provide a greener and safer future for millions of people. Other flagship products and solutions include the Green Village, R.A.P.S., and One Link.
ADC Telecommunications, Inc.(NASDAQ:ADCT) disclosed that Allina Hospitals & Clinics, a not-for-profit network of hospitals, clinics and other health care services, providing care throughout Minnesota and western Wisconsin, is deploying ADC Telecommunications InterReach Fusion® distributed antenna systems (DAS) to deliver strong and consistent mobile broadband data and voice services in its hospitals. ADC Telecommunications systems are already deployed in Allina’s company headquarters in Minneapolis and at Abbott Northwestern Hospital in Minneapolis, and other facilities within the Allina footprint are slated for deployments as well.
ADC Telecommunications provides the connections for wireline, wireless, cable, broadcast, and enterprise networks around the world. ADC Telecommunications' innovative network infrastructure equipment and professional services enable high-speed Internet, data, video, and voice services to residential, business and mobile subscribers.
AdCare Health Systems, Inc. (AMEX:ADK), a recognized innovator in senior living and health care facility management, has closed the previously reported purchase agreement for two privately-held nursing homes in Gladsden, Alabama for $18.5 million. The two facilities have a total of 306 beds, which currently generate about $18 million in annualized revenue and are expected to be immediately accretive to earnings. Combined with other transactions closed earlier in the year, AdCare Health Systems' estimated annualized revenue run-rate now exceeds $96 million, which represents an increase of approximately 261% from $26.7 million in the year ended 2009.
AdCare Health Systems, Inc. is a recognized innovator in senior living and health care facility management. AdCare Health Systems develops, owns and manages assisted living facilities, nursing homes and retirement communities, as well as provides home health care services. Since its inception in 1988, AdCare Health Systems' mission has been to provide the highest quality of healthcare services to the elderly.
Addus HomeCare Corporation (Nasdaq:ADUS), a comprehensive provider of home-based social and medical services, declared the resignation of Francis J. Leonard, Chief Financial Officer. Addus HomeCare is currently engaged in a search for a new Chief Financial Officer to replace Mr. Leonard, who has agreed to remain with Addus HomeCare until November 30, 2010 to assist in the transition. Mr. Leonard intends to pursue other professional opportunities.
Addus HomeCare is a comprehensive provider of a broad range of social and medical services in the home. Addus HomeCare's services include personal care and assistance with activities of daily living, skilled nursing and rehabilitative therapies, and adult day care. Addus HomeCare's consumers are individuals with special needs who are at risk of hospitalization or institutionalization, such as the elderly, chronically ill and disabled. Addus HomeCare's payor clients include federal, state and local governmental agencies, the Veterans Health Administration, commercial insurers and private individuals. Addus HomeCare has over 13,000 employees that provide services through more than 130 locations across 19 states to over 24,000 consumers.
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