NEW YORK, Aug 11, 2009 (BUSINESS WIRE) -- ABM Engineering Services announced today that it has been awarded a contract to be LBA Realty's exclusive provider of a full range of engineering maintenance services for LBA's entire portfolio of commercial real estate properties. ABM Engineering Services is a subsidiary of ABM Industries Incorporated (NYSE: ABM). ABM, operating through its subsidiaries, is the leading provider of facility services in the United States.

LBA Realty is a full service real estate investment and management company founded in 1991. The company has a diverse portfolio of office and industrial properties in the major markets throughout the Western U.S. including California, Colorado, the Pacific Northwest, Arizona, Nevada, Texas and Utah.

Service under the contract began June 1.

Under the terms of the agreement, ABM Engineering Services will partner with LBA to assume the engineering operations and maintenance needs of the real estate company's entire commercial portfolio. ABM Engineering Services will conduct comprehensive facility audits at all of LBA's properties, develop strategies to improve operational and mechanical efficiencies, and create an energy reduction plan to reduce the portfolio's overall carbon footprint. The agreement also incorporates a number of new and innovative performance metrics that will allow both parties to benefit, through shared savings and rewards, when ABM Engineering meets or exceeds targets for specific measurable, operational improvements to LBA's portfolio.

"There are only a handful of companies that have the size and breadth to take on a single-source contract," said Melanie Colbert, senior vice president, LBA Realty. "In the end, ABM Engineering's size and infrastructure, and its relationship with ABM Industries, were key in our selection, because we knew they would be able to grow with us as LBA increases its portfolio holdings."

Said Cornel Sneekes, ABM Engineering Services executive vice president: "We are delighted to be given this opportunity to deepen an already excellent relationship with LBA. With ABM Engineering Services as its exclusive provider, LBA will benefit from greater service consistency, reporting and improved performance metrics across its entire portfolio."

About ABM Industries Incorporated

ABM Industries Incorporated (NYSE:ABM), which operates through its subsidiaries (collectively "ABM"), is the leading provider of facility services in the United States. With fiscal 2008 revenues in excess of $3.6 billion and 100,000 employees, ABM provides janitorial, facility, engineering, parking and security services for thousands of commercial, industrial, institutional and retail facilities across the United States, Puerto Rico and British Columbia, Canada. ABM's business services include ABM Janitorial Services; ABM Facility Services; ABM Engineering Services; Ampco System Parking; and ABM Security Services.For more information visit www.abm.com.

SOURCE: ABM Engineering Services

for ABM Engineering Services
Media:
Tony Mitchell, 212-297-9828
tony.mitchell@abm.com
or
Investors & Analysts:
David Farwell, 415-733-4040
dfarwell@abm.com

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