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ABM to Provide Minimum Expected Savings of $4.9 Million for Perrysburg, OH Schools

NEW YORK, Nov. 20, 2014 (GLOBE NEWSWIRE) -- ABM (NYSE:ABM), a leading provider of facility solutions, announced its ABM Building Solutions business has been selected by Perrysburg Exempted Village School District in Perrysburg, Ohio to implement district-wide, comprehensive infrastructure improvements through ABM's Bundled Energy Solutions program. The customized solution developed by ABM will provide energy efficient upgrades and facility enhancements to each of the six schools within the district. The project, which began in October 2013, was completed earlier this month and provides Perrysburg with minimum expected savings of $4.9 million in energy and operating costs over a 15-year period.

ABM's Bundled Energy Solutions Program is designed as a financial solution to meet clients' technical facility needs and sustainability goals. For ABM, the goal is to drive costs out of a client's operating budget, allowing savings to be reallocated to fund mission critical facility needs.

Having received an 'Excellent Rating' on the Ohio State Report Card for the last 12 years, Perrysburg Exempted Village School District has a tremendous reputation across Ohio. Earlier this year, in need of critical infrastructure improvements across the district's schools, Perrysburg turned to ABM to assist with the utilization of Ohio HB264, the state's energy conservation program. Ohio HB264 allows school districts' to make energy efficiency improvements to their facilities and use the cost savings to pay for those improvements.

"The driving force behind this project was creating a strategy to meet key facility needs without increasing taxpayer burden," explained Aura Norris, SPHR, Executive Director of Human Resources and Operations for Perrysburg Schools. "ABM's expertise with budget neutral solutions for other schools was a big factor in our decision making process, and we're very pleased with their solution to relocate existing boilers in good working order, which has created additional savings."

Under the contract, ABM will provide facility improvements to the school district's six schools, administration, maintenance and transportation buildings. The upgrades include installing building envelope improvements, lighting enhancements, occupancy sensors, HVAC equipment and chiller retro-commissioning, control upgrades and water conservation methods. In addition, existing boilers with low operating hours were moved from Frank Elementary and Perrysburg Junior High to Ft. Meigs Elementary and Toth Elementary.

"ABM is proud to have been selected by Perrysburg Exempted Village School District to assist in the utilization of Ohio HB264 to perform vital facility improvements," said Scott Giacobbe, President of ABM Building & Energy Solutions. "The solutions developed are expected to provide a better learning environment for students and reduce the district's operating costs without additional taxpayer burden."

ABOUT ABM

ABM (NYSE:ABM) is a leading provider of facility solutions with revenues of approximately $4.8 billion and 110,000 employees in over 350 offices deployed throughout the United States and various international locations. ABM's comprehensive capabilities include facilities engineering, commercial cleaning, energy solutions, HVAC, electrical, landscaping, parking and security, provided through stand-alone or integrated solutions. ABM provides custom facility solutions in urban, suburban and rural areas to properties of all sizes — from schools and commercial buildings to hospitals, manufacturing plants and airports. ABM Industries Incorporated, which operates through its subsidiaries, was founded in 1909. For more information, visit www.abm.com.

CONTACT: Media: Chas Strong 770.953.5072 chas.strong@abm.com Investors & Analysts: David Farwell 212.297.9792 dfarwell@abm.comSource:ABM Industries Incorporated