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Hill International to Provide Project Management Services for $511 Million Brazilian Resort

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PHILADELPHIA, Pa. and BAIA FORMOSA, Brazil, July 20, 2018 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), the global leader in managing construction risk, announced today it was awarded a contract by Gremi International to provide project and construction management services for the $511 million Eco Estrela Resort in northeastern Brazil. This investment is the first phase of a total project estimated at $2 billion.

The project, in support of Brazil's growing tourism industry, features 4 miles of beachfront property with 191 villas operated by Six Senses Hotels Resorts Spas, a hospitality real estate company specializing in resort destinations incorporating natural surroundings.

During this three-year contract, Hill will provide project and construction management support for pre-construction and construction with a focus on minimizing risk, addressing challenges, and coordinating budgets and schedules. 

Luis Lugo, Senior Vice President and Regional Manager, Southeast America/Caribbean/Latin America, for Hill's Project Management Group, said, "Gremi International and Six Senses are creating a resort that will offer tourists a one-of-a-kind experience, and Hill's expert project and construction management services will help realize their unique vision as-planned."

Hill International, with more than 3,000 professionals in more than 50 offices worldwide, provides program management, project management, construction management, and other consulting services to clients in a variety of market sectors. Engineering News-Record magazine recently ranked Hill as the eighth-largest construction management firm in the United States. For more information on Hill, please visit our website at www.hillintl.com.

Certain statements contained herein may be considered "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, and it is our intent that any such statements be protected by the safe harbor created thereby. Except for historical information, the matters set forth herein including, but not limited to, any projections of revenues, earnings or other financial items; any statements concerning our plans, strategies, and objectives for future operations; and any statements regarding future economic conditions or performance, are forward-looking statements. These forward-looking statements are based on our current expectations, estimates, and assumptions and are subject to certain risks and uncertainties. Although we believe that the expectations, estimates and assumptions reflected in our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause our actual results to differ materially from estimates or projections contained in our forward-looking statements are set forth in the Risk Factors section and elsewhere in the reports we have filed with the Securities and Exchange Commission, including that unfavorable global economic conditions may adversely impact our business, our backlog may not be fully realized as revenue, and our expenses may be higher than anticipated. We do not intend, and undertake no obligation, to update any forward-looking statement.

Hill International, Inc.
Elizabeth J. Zipf, LEED AP BD+C
Senior Vice President
Hill International, Inc.
One Commerce Square
2005 Market Street, 17th Floor
Philadelphia, PA 19103
(215) 309-7707
elizabethzipf@hillintl.com

Hill International, Inc.
Marco A. Martinez
SVP & Interim Chief Financial Officer
(215) 309-7951
marcomartinez@hillintl.com

InvestorCom
John Glenn Grau
President
(203) 295-7841
jgrau@investor-com.com

(HIL-G)

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