ENGlobal Seeks to Increase Shareholder Value

    

ENGlobal Engages B. Riley FBR for Review of Strategic Alternatives to Increase Shareholder Value

Houston, TX, April 18, 2018 (GLOBE NEWSWIRE) -- ENGlobal Corporation, a leading provider of engineering and automation services, announced today that its Board of Directors has initiated a review of strategic alternatives. These alternatives could include strategic mergers, reverse mergers, the issuance or buyback of public shares, or the purchase or sale of specific assets, in addition to other potential actions aimed at increasing shareholder value.

For this purpose, the Company has engaged B. Riley FBR, Inc., a subsidiary of B. Riley Financial, Inc. (NASDAQ:RILY) as its exclusive financial advisor to help identify, analyze, negotiate, and close any potential transaction or series of transactions.

"We are undertaking this important review of alternative strategies in order to increase value for our shareholders while continuing to enhance our extensive range of project execution services," said William A. Coskey, P.E., CEO and Chairman of ENGlobal. "The B. Riley FBR team has demonstrated their extensive knowledge of our industry and also showcased their deep understanding of the opportunities available to ENGlobal as a public platform. We're pleased to have chosen them as our partner for this process and are confident we will find a solution that achieves the Company's overall objectives."

The Company does not intend to disclose or comment on developments related to its review unless and until the Board has approved a specific transaction or otherwise determined that further disclosure is appropriate.  There can be no assurance that the Board's strategic review will result in any transaction, or any assurance as to its outcome or timing.

ENGlobal Announces Control Systems Certification

    

ENGLOBAL ANNOUNCES CONTROL SYSTEMS CERTIFICATION
   

HOUSTON, TX, April 03, 2018 (GLOBE NEWSWIRE) -- ENGlobal (NASDAQ: ENG) announced today that it has received Control Systems Integrator Certification from the Control Systems Integrators Association (CSIA) through its subsidiary, ENGlobal Government Services, Inc. (EGS), a leading service provider to the U.S. Department of Defense for engineering, automation and cyber security services. For over 30 years, EGS has provided the federal government with design, installation, and maintenance of Automated Fueling Systems, Automated Tank Gauges (ATG), Supervisory Control and Data Acquisition (SCADA) development and integration, cyber security, and modular engineered solutions.  EGS has a long and respected history in the important mission of supporting the U.S. Military with fuel supply chain related services.

"CSIA Certification is the gold-seal mark of a professionally managed control system integration business," says José Rivera, CSIA CEO. "Certification reassures clients that ENGlobal Government Services, Inc. is an established professional services firm that wants to develop a successful, long-term partnership with clients."

 "ENGlobal, through its government services division, is pleased to join the ranks of those few select companies that have attained CSIA certification.  This certification assures our clients that they are receiving the best of breed and strict adherence to industry best practices and procedures." said John L. Kratzert, Senior Vice President of Automation.  "We look forward to leveraging the experience and knowledge gained through this rigorous certification process to provide globally recognized services to our clients."

The CSIA is a global non-profit professional association that seeks to advance the industry of control system integration for the success of members and their clients. For more information, visit www.controlsys.org.