Given the task definition and input, reply with output. Given a piece of financial news and its polarity, classify it into 'true' if the polarity is correct and classify into 'false' if the polarity is incorrect. Output must be 'true' or 'false'.

news:Meanwhile , Electrowatt-Ekono Philippines , Inc. was also awarded a three-year operation and maintenance ( O&M ) contract by FR Cement Corporation .
polarity:positive
true