Schuff International, Inc. (Pink Sheets: SHFK) and Empresas Hopsa, S.A. announce the formation of Schuff Hopsa Engineering, a Panamanian joint venture focused on providing structural steel fabrication and erection services throughout Central and South America. The new company will own and operate a 52,000 square-foot steel fabrication plant in Chilibre, just outside of Panama City.

"Hopsa opened the Chilibre plant in 2009 to meet the growing demand for steel construction services in the region. As we sought ways to expand the business, it became clear that a strategic partnership with a top United States steel contractor was the best approach. We had the opportunity to work with Schuff Steel on the Costa Del Este 25-story high-rise in Panama City, and found that Schuff was a great match for Hopsa. We both share the same philosophy when it comes to servicing our customers and providing superior products. We look forward to great things from the new company,” said Einar Simons, President of Empresas Hopsa.

Schuff Steel is currently providing fabricated steel and consulting services on its second major steel project in Panama, a 26-story high-rise. For these two commercial office structures, steel fabrication was jointly provided by Schuff Steel's U.S. facilities and Hopsa's Chilibre plant in Panama. The new company, Schuff Hopsa Engineering, will begin marketing its services immediately, pursuing steel projects in addition to introducing steel as a cost-worthy and time-saving alternative to traditional concrete construction often utilized in Panama and South America.

"Schuff has completed numerous projects in Latin America over the years, and we thrive in this market. There are many opportunities for steel in the mining industry in these regions and there is also a fantastic opportunity to introduce steel construction as a beneficial and competitive alternative to concrete construction in commercial applications. As Central and South America continue to grow, the increased demand for sophisticated construction methods offers us a chance to show the benefits of steel, particularly with our design-assist method,” said Scott A. Schuff, President and CEO of Schuff International.

About Schuff International, Inc.

Schuff International, Inc. (Pink Sheets: SHFK) and its family of steel companies, which includes Schuff Steel, is the largest steel fabrication and erection company in the United States. The 35-year old company executes projects throughout the country as well as internationally. Schuff offers integrated steel construction services from a single source including design-build, design-assist, engineering, BIM participation, 3D steel modeling/detailing, fabrication, advanced field erection, joist and joist girder manufacturing, project management, and single-source steel management systems. Schuff International, Inc. employs approximately 1,200 people throughout the U.S. For more information, visit: www.schuff.com.

About Empresas Hopsa, S.A.

Based in Panama City, Panama, Empresas Hopsa, S.A. is a leader in the construction market, providing solutions to its customers for over 60 years. As one of its primary lines of business, Hopsa offers design, fabrication and erection of steel structures for commercial and industrial buildings. Hopsa’s team of engineers and specialists are focused on providing quality products and services to meet the growing demand in Panama and throughout the region. For more information, visit: www.hopsa.com.

Certain statements in this news release may contain forward-looking information within the meaning of the Private Securities Litigation Reform Act of 1995, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. These risks and uncertainties include, but are not limited to, the ability of the company to obtain projects in Central and South America, the company's ability to successfully and timely complete construction projects; the company's ability to convert backlog into revenue; the potential delay, suspension, termination, or reduction in scope of construction projects; forecasted regional and end-market growth in Central and Latin American; the continuing validity of the underlying assumptions and estimates of total forecasted project revenues, costs and profits and project schedules; the outcomes of pending or future litigation, arbitration or other dispute resolution proceedings; the availability of borrowed funds on terms acceptable to the company; the ability to retain certain members of management; the ability to obtain surety bonds to secure its performance under certain construction contracts; possible labor disputes or work stoppages within the construction industry; the ability of project owners to obtain financing for projects; international currency fluctuations, the growth of the commercial construction and mining industry in Central and Latin America and actions taken or not taken by third parties, including the company's customers, suppliers, business partners, and competitors and legislative, regulatory, judicial and other governmental authorities and officials in the U.S. and in Central and South America. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.

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