Article: ENGlobal Corporation Moves Forward with Strategic Restructuring; Operating Subsidiaries to Change Names Effective January 25th.

Business Editors

HOUSTON--(BUSINESS WIRE)--Jan. 22, 2003

ENGlobal Corporation (AMEX:ENG), a leading provider of engineering services and engineered systems, today announced that its Board of Directors recently approved a plan to unify the Company under the ENGlobal name. With these steps, the Company intends to strategically present a larger, less diluted image, increase its name recognition, and simplify its corporate structure.

"We believe that the restructuring steps that the Company is currently taking will streamline our operations and solidify our new identity...ENGlobal," said William A. Coskey, chief operating officer and president of ...

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