<PAGE>
EXHIBIT 99.1
NEWS RELEASE
The Keith Companies, Inc. (Nasdaq: TKCI), an engineering and consulting services
company, today announced that it has completed its acquisition of privately held
southern California based Crosby Mead Benton & Associates (CMB). CMB is an
engineering firm specializing in land development design, infrastructure design,
and landscape architecture that employs approximately 65 people mainly located
in Los Angeles and San Diego Counties. Further details and value of the
transaction were not disclosed.
According to The Keith Companies Chairman and CEO Aram H. Keith, "The closing of
the CMB acquisition better positions the Company to capture a larger share of
the engineering and design work for master planned communities in southern
California. There is an unprecedented number of residential and retirement
communities slated for development in southern California over the next decade
and we are actively scaling up our resources to meet this demand."
About The Keith Companies
The Keith Companies, Inc., an infrastructure engineering and design company,
employs approximately 500 professionals and has seven offices throughout the
western United States. The Keith Companies' professionals provide a wide
spectrum of skilled resources including land planning, engineering, surveying,
mapping, environmental, and water and cultural resources that are needed to
effectively plan, engineer and design state-of-the-art facilities.
Additionally, the Company provides mechanical, electrical, chemical, and other
industrial engineering services to design and improve the efficiency and
reliability of automated and manufacturing processes, production lines, and fire
protection systems. The Keith Companies benefits from a diverse public and
private client base varying from residential, commercial, and real estate
projects to telecommunications, manufacturing, and processing facilities. For
more information visit the Company's website at www.keithco.com.
---------------
Any forward-looking statements made in this release represent management's best
judgment as to what may occur in the future. The Company cautions that a
variety of factors, including but not limited to the following, could cause
business conditions and results to differ materially from what is contained in
forward-looking statements: changes in the rate of economic growth in the
United States and other major international economies; the ability to
successfully implement our acquisition strategy; the ability to successfully
integrate an acquired company; the ability to retain and hire key personnel;
changes in investment by the energy, power, and environmental industries; the
uncertain timing of awards and contracts; the ability to obtain additional or
follow-on contracts; changes in the regulatory environment; changes in project
schedules; changes in trade, monetary, and fiscal policies world-wide; currency
fluctuations; and increasing competition by foreign and domestic companies and
other risks detailed from time to time in the Company's filings with the
Securities and Exchange Commission.
-4-
