Press Release

Matrix Service Company Recognized by Forbes as One of 100 Most Trustworthy Companies in America

Jun 27, 2016 at 7:30 AM EDT

TULSA, Okla., June 27, 2016 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq:MTRX) announced today that it has been named by Forbes as one of the 100 Most Trustworthy Companies in America based on third-party review by MSCI ESG Research, an independent research firm that provides in-depth research, ratings and analysis of the environmental, social and governance-related business practices of companies worldwide. Matrix was also recognized by Forbes in 2014.

According to the Forbes website, companies named to their list of the 100 Most Trustworthy Companies in America consistently demonstrate transparent accounting practices and solid corporate governance.

"At Matrix, we are defined by our values, among which are Integrity — doing the right thing every time, ethically and honestly — and Stewardship — safeguarding all that is entrusted to us," said John R. Hewitt, the Company's President and Chief Executive Officer. "Our employees, our clients and our shareholders have all entrusted us to grow and protect our business, and our approach to financial management is central to doing so. We're extremely proud to have once again received this recognition from Forbes."

Of the 100 companies on this year's list, only 24 — including Matrix Service Company — have been recognized more than once.

About Matrix Service Company

Founded in 1984, Matrix Service Company is parent to a family of companies that include Matrix Service, Matrix NAC, Matrix PDM Engineering and Matrix Applied Technologies. Our subsidiaries design, build and maintain infrastructure critical to North America's energy, power and industrial markets. Matrix Service Company is headquartered in Tulsa, Oklahoma with subsidiary offices located throughout the United States and Canada, as well as Sydney, Australia and Seoul, South Korea.

The Company reports its financial results based on four key operating segments: Electrical Infrastructure, Storage Solutions, Oil Gas & Chemical and Industrial.

To learn more about Matrix Service Company, visit

This release contains forward-looking statements that are made in reliance upon the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are generally accompanied by words such as "anticipate," "continues," "expect," "forecast," "outlook," "believe," "estimate," "should" and "will" and words of similar effect that convey future meaning, concerning the Company's operations, economic performance and management's best judgment as to what may occur in the future. Future events involve risks and uncertainties that may cause actual results to differ materially from those we currently anticipate. The actual results for the current and future periods and other corporate developments will depend upon a number of economic, competitive and other influences, including those factors discussed in the "Risk Factors" and "Forward Looking Statements" sections and elsewhere in the Company's reports and filings made from time to time with the Securities and Exchange Commission. Many of these risks and uncertainties are beyond the control of the Company, and any one of which, or a combination of which, could materially and adversely affect the results of the Company's operations and its financial condition. We undertake no obligation to update information contained in this release.

For more information, please contact:

Matrix Service Company
Kevin S. Cavanah
Vice President and CFO
T: 918-838-8822