Erickson Heavy Lift Services Contracted to Electrify Canadian Mining Operations

PORTLAND, Ore., May 09, 2016 (GLOBE NEWSWIRE) -- Erickson Incorporated (NASDAQ:EAC), a leading global provider of aviation services, has been contracted by Rokstad Power Ltd. for heavy lift delivery services to Brucejack Mine in Stewart, British Columbia.

“This project showcases the specialized utility of the Aircrane in a remote location at high elevations,” said Rob Lewis, Vice President Commercial Aviation Services. “Our pilots and crews are especially skilled in this type of heavy-lift cargo transportation over rugged terrain and precision placement capabilities.”

Utilizing the S64 Erickson Aircrane, the company will be transporting heavy equipment, moving materials and providing precision placement services. The Aircrane will fly roughly 7,500 tons of heavy materials over elevations of 6,000 ft. to the job site based in steep, mountainous terrain. Erickson will transport steel and concrete for the construction of electrical transmission towers in addition to lifting and placing towers into position to electrify the mining operations.

Erickson has several Aircranes providing aerial support for timber harvesting operations in British Columbia. The company has worked in Canada for more than 30 years, making it the company’s longest-served international market.

Earlier this year, Erickson entered a new international market when it was selected for a similar electrical tower construction project in India. Working with Sterlite Grid, India’s largest private developer of independent power transmission systems, Erickson will fly building materials in the Pir Pinjal mountain range between elevations of 9,000 ft. and 12,000 ft. This project will involve erecting 1,150 towers over a 450-kilometer transmission line.

About Erickson

Erickson is a leading global provider of aviation services and operates, maintains and manufactures utility aircraft to safely transport and place people and cargo around the world.  The Company is self-reliant, multifaceted and operates in remote locations under challenging conditions specializing in Global Defense and Security, Manufacturing and MRO, and Commercial Services (comprised of firefighting, HVAC, power line, construction, timber harvesting, oil and gas and specialty lift). With roots dating back to 1960, Erickson operates a fleet of approximately 80 aircraft, is headquartered in Portland, Oregon, USA, and operates in North America, South America, Europe, the Middle East, Africa, Asia Pacific, and Australia. For more information, please visit our new website at www.ericksoninc.com.

This press release contains certain statements relating to future results (including, without limitation, “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “plan,” “expect,” “predict”), which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on beliefs of Company management, as well as assumptions and estimates based on information currently available to the Company, and are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or those anticipated, including certain other risks or uncertainties more fully described under the heading “Risk Factors” in our most recently filed Annual Report on Form 10-K as well as in the other reports we file with the SEC from time to time, which are available at the SEC’s web site located at http://www.sec.gov. You should not place undue reliance on any forward-looking statements. The Company assumes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.

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