DIRTT Welcomes Empire Office to its Global Partner Network

CALGARY, Alberta, June 07, 2023 (GLOBE NEWSWIRE) -- DIRTT (or the “Company”) (NASDAQ: DRTT, TSX: DRT), a global leader in industrialized construction, is welcoming to its global Partner network. For over 75 years, Empire Office activates spaces by delivering all-inclusive architectural and custom-built solutions that help to bring their clients’ brands to life.

Benjamin Urban, CEO, commented: “Bringing on Empire Office as a DIRTT Construction Partner is a milestone for our Company given their size, capabilities, and reach. Both DIRTT and Empire will leverage one another’s long-standing relationships across the industry – including a number of key client accounts – to grow DIRTT and Empire’s market share in the Alabama and Florida markets.”

John Gols, President of the Northeast at Empire commented: “This partnership will allow us to integrate DIRTT’s best-in-class construction solutions into our offering to expand our capabilities across all segments including workspace, healthcare, higher education, and the public sector.”

DIRTT connects with its clients through an international network of DIRTT Construction Partners. DIRTT partners work with clients and construction teams, ensuring effective management and execution of the DIRTT scope on every project from pre-construction through order and installation to ‘day 2’ reconfigurations. Together, DIRTT and Empire Office will empower businesses to create agile, collaborative, and environmentally responsible work environments that drive productivity and employee well-being.

About DIRTT

DIRTT is a leader in industrialized construction. DIRTT’s system of physical products and digital tools empowers organizations, together with construction and design leaders, to build high-performing, adaptable, interior environments. Operating in the workplace, healthcare, education, and public sector markets, DIRTT’s system provides total design freedom, and greater certainty in cost, schedule and outcomes. DIRTT's interior construction solutions are designed to be highly flexible and adaptable, enabling organizations to easily reconfigure their workspaces as their needs evolve. This flexibility is especially important in today's rapidly changing business environment, where organizations need to be able to adapt quickly to new challenges and opportunities. Headquartered in Calgary, AB Canada, DIRTT trades on Nasdaq under the symbol “DRTT” and on the Toronto Stock Exchange under the symbol “DRT”.

Forward Looking Statements:

This news release contains forward-looking information within the meaning of applicable securities legislation, which reflects the Company's current expectations regarding future events, including statements about the issuance of shares to 22NW and timing thereof; the required regulatory and shareholder approvals and the timing thereof; the effect of the share issuance on DIRTT's balance sheet and position for long-term success; trading restrictions applicable to the issued shares; and the value creation for DIRTT's clients, partners, employees and shareholders. In some cases forward-looking information can be identified by such terms as "will" and "expected". Forward-looking statements are based on certain estimates, beliefs, expectations, and assumptions made in light of management's experience and perception of historical trends, current conditions and expected future developments, as well as other factors that may be appropriate.

Forward-looking statements necessarily involve unknown risks and uncertainties, which could cause actual results or outcomes to differ materially from those expressed or implied in such statements. Due to the risks, uncertainties, and assumptions inherent in forward-looking information, you should not place undue reliance on forward-looking statements. Factors that could have a material adverse effect on our business, financial condition, results of operations and growth prospects include, but are not limited to, the severity and duration of the COVID-19 pandemic and related economic repercussions and other risks described under the section titled "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2022, filed with the U.S. Securities and Exchange Commission and applicable securities commissions or similar regulatory authorities in Canada on February 22, 2023. Our past results of operations are not necessarily indicative of our future results. You should not rely on any forward-looking statements, which represent our beliefs, assumptions and estimates only as of the dates on which they were made, as predictions of future events. We undertake no obligation to update these forward-looking statements, even though circumstances may change in the future, except as required under applicable securities laws. We qualify all of our forward-looking statements by these cautionary statements.

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