News Release
Aug. 01, 2000

DUKE ENGINEERING & SERVICES STRENGTHENS COMMITMENT TO CANADA’S ENERGY INDUSTRY

CHARLOTTE, N.C. -- Duke Engineering & Services (DE&S), through its subsidiary DE&S Canada, announces the acquisition of Blakey & Blakey, a Toronto-based technical personnel services company specializing in nuclear power projects. Effective immediately, the business will operate as Duke-Blakey, a wholly owned subsidiary of DE&S Canada.

Blakey & Blakey provided engineering and technical staffing and talent acquisition services to Canadian industry for 20 years. More recently the Canadian nuclear power industry had become Blakey & Blakey’s primary focus. "This transaction strengthens our commitment to the Canadian energy services market and nuclear power," said Edgar B. Abrams, DE&S nuclear group executive vice president. "By combining DE&S' resources and extensive nuclear project management experience with Blakey & Blakey's reputation for excellent client service, we're ready to meet any challenge within the Canadian nuclear industry," he said.

Key management of Blakey & Blakey will remain with the new company. Robbin D. Blakey, Blakey & Blakey’s previous owner, has been appointed Duke-Blakey’s chief executive officer and vice president of DE&S Canada. Louis M. Aleixo has been appointed president of Duke-Blakey. In these positions, Blakey and Aleixo will continue to manage Duke-Blakey’s day-to-day operations. Blakey will also support DE&S Canada’s business development and expansion activities.

In a related action, DE&S appointed F. Gregory Hudson to the positions of vice president and chief operating officer of DE&S Canada. Hudson has more than 25 years of experience in the U.S. nuclear power industry, most recently as general manager of DE&S' successful plant-life extension business. In his new role, Hudson will be responsible for DE&S Canada’s commitment to providing quality engineering and technical services for Canada’s rapidly changing energy industry, as well as executive oversight of Duke-Blakey operations. Hudson’s initial focus will be supporting Canada’s nuclear power industry as it transitions from a regulated to a deregulated business environment.

With corporate headquarters in Charlotte, N.C., and Canadian offices in Calgary, Ottawa and Toronto, DE&S specializes in energy and environmental projects around the world. The company offers a broad range of technical and engineering management services to government and commercial clients. DE&S is an independently operated affiliate of Duke Energy, a diversified multi-national company with revenues of nearly $22 billion in 1999. To learn more about DE&S, visit the company's Web site at www.dukeengineering.com.

Contact: Tommy Smith
Phone: 704/382-3403
24 Hour Phone: 704/382-8333
Email: tbsmith1@duke-energy.com
Contact: Phil Carter
Phone: 704/382-3409
24 Hour Phone: 704/382-8333
Email: pcarter@dukeengineering.com