Environmental Banc & Exchange

In the News

EBX Strengthens Its Management Team For Growth

March 13, 2006: The Environmental Banc and Exchange is pleased to announce that Randy S. Wilgis, formerly Senior Vice President with TESSCO Technologies (NASDAQ: TESS) has joined our team. Mr. Wilgis will focus on developing and implementing an aggressive growth strategy, ensuring EBX’s position as the market leader in the emerging ecosystem restoration and mitigation industry.

Mr. Wilgis’ early career was spent as a Construction Project Manager with The Whiting-Turner Contracting Company where he was part of the founding team for the Company’s West Coast operations. Mr. Wilgis then joined TESSCO Technologies and boasts a 13 year track record of successful business development efforts. While at TESSCO he founded three service businesses with combined annual revenues of over $250 million in 2004, proved his ability to develop businesses as exhibited by a 22% compounded annual revenue growth in the business areas managed, and was a leading member of the senior management team as the company grew from $40 million to $513 million in sales, with an IPO in 1996.

Mr. Wilgis holds a B.S. from the Duke University - School of Engineering and received his M.B.A. from The University of Virginia - Darden School of Business.

Founded in 1997, Environmental Banc & Exchange is America's leading turn-key provider of ecosystem restoration and protection solutions. We have completed over thirty mitigation banks nationwide, restored thousands of acres of wetlands, renewed miles of stream, and rehabilitated numerous other critical habitats. EBX works with private and public sector clients to provide turn-key solutions which offset environmental impacts. Each solution involves the unique combination of our products and services reflecting the particular project requirements and challenges.

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