INSITUFORM Ergebnis 2007 - 4. Quartal & Gesamt

Insituform Technologies, Inc.

Reports Fourth Quarter and Full Year 2007 Results  

Chesterfield, MO - March 4, 2008 -

Insituform Technologies, Inc. (Nasdaq Global Select Market: INSU) today reported fourth quarter income from continuing operations of $9.0 million, or $0.33 per diluted share. This compares to $10.3 million, or $0.37 per diluted share, earned in the fourth quarter of 2006.

The shutdown of the Company's tunneling division was substantially completed by year-end and has been classified as a discontinued operation accordingly for all periods reported.

Taking into account our discontinued operation, fourth quarter net income was $10.1 million, or $0.37 per diluted share.

This compares to net income of $10.4 million, or $0.38 per diluted share, for the fourth quarter of 2006.

The fourth quarter 2007 continuing operations results benefited from a $4.5 million pre-tax gain from a litigation settlement.

For the full year of 2007, income from continuing operations was $12.9 million, or $0.47 per diluted share, as compared to $26.3 million, or $0.96 per diluted share in 2006. The net loss from discontinued operations for the full year of 2007 was $10.3 million, or $0.38 per diluted share, as compared to a net loss from discontinued operations of $1.6 million, or $0.06 per diluted share in 2006.

The 2007 loss from discontinued operations was principally impacted by pre-tax closure charges of $17.9 million, or $12.1 million after-tax ($0.44 per diluted share).

Net income for the full year of 2007 was $2.5 million, or $0.09 per diluted share. This compares to net income in the full year of 2006 of $24.7 million, or $0.90 per diluted share.

Alfred L. Woods, Chairman and Interim Chief Executive Officer, made the following comments on the quarter's and the full year 2007 results:

"2007 was a difficult year for Insituform, and no one at this Company is happy with the modest profit we have reported. These results are not indicative of the performance that is expected and do not reflect the potential of our Company. We are taking aggressive steps to achieve the kind of earnings growth we owe our stockholders, and in the last quarter of 2007, we began to see measurable progress from these efforts."  "Much has been said about the weakness that has been experienced in the U.S. sewer rehabilitation market in 2007. We have also said that we experienced some further operational issues in a few of our U.S. regional operations this past year. Those weaker regional operations experienced significant fourth quarter margin improvements. While our U.S. CIPP business volume is not yet where it needs to be, we did see improvement in both backlog volume and backlog margin in the fourth quarter of 2007 in many U.S. regional markets. We are also encouraged by the fact that we experienced 12% growth in total backlog orders for North American rehabilitation in the second half of 2007 over the first half of 2007."

"Operating expenses in our rehabilitation segment were $2.9 million lower in the fourth quarter of 2007 than in the same period in 2006. In fact, rehabilitation operating expenses for the second half of 2007 were $4.3 million lower than in the second half of 2006. Our total operating expenses decreased $2.6 million in 2007, or 2.8%, from 2006. The decrease occurred partly as a result of reduced field support expenses in rehabilitation, but also as a result of decreases in corporate spending. The fourth quarter reductions in operating expenses were primarily attributable to our initiative to realign our operating expenses. We have been able to achieve these savings without compromising the investments we are making in our international expansion and in Insituform Blue(TM)."

"In 2008, we are continuing this focus on cost realignment. We have targeted an annualized $12 million in savings to be achieved without jeopardizing our ongoing strategic initiatives. We will reinvest $4 million from these savings into our strategic initiatives. We fully expect to realize the targeted savings by the end of 2008. This realigned cost structure will enable us to be more profitable and allow us to more economically invest in our strategic growth initiatives."

"Last quarter we discussed aggressive pursuit of geographic diversification of our business as a response to the weak market conditions in our U.S. rehabilitation segment. Since then, we have won several major international contracts, including two sewer rehabilitation contracts in Delhi, India, totaling $35.1 million, the largest municipal CIPP project in our history. We won more than $13 million of water and sewer projects in Hong Kong, the majority of which are Insituform Blue(TM) projects. We fully expect to have $80 million in backlog by the end of 2008 in our new international ventures. We are also excited about growth that we have experienced in our other international businesses. We recently announced that we won our largest sewer rehabilitation project in the United Kingdom to date, totaling $14.7 million. Our Canadian and European businesses performed extremely well during the fourth quarter and ended the year with strong backlog as well."

"While revenues in our Tite Liner business were down in 2007, our overall profitability improved. Our operating margins improved to 21.9% in 2007 from 19.2% in 2006. We also ended the year with a record balance in backlog at $26.2 million."

"I am also encouraged with the progress in the continued development and validation of our Insituform Blue(TM) products. We performed a number of projects, both domestically and internationally, and we gained vital experience and knowledge that will set us up well for 2008 and beyond. We expect that Insituform Blue(TM) products will contribute modest profitability in 2008."

"During the fourth quarter, we substantially completed the shutdown of our tunneling division. As a result, we were able to classify the business as discontinued operations in the quarter. The remaining tunneling shutdown activities will be completed by the middle of the second quarter of 2008, and we anticipate only minor earnings impact in 2008. Substantially all of the shutdown charges were recorded by year-end 2007, and equipment sales were better than anticipated. We ended the year with $17.9 million in closure charges, versus an original estimate of $21 million."

"As we have closed out 2007, I feel confident that 2008 will bring about significant improvement in our performance. This management team is focused on delivering the results that our stakeholders expect and deserve."

Consolidated revenues for the fourth quarter of 2007 decreased $5.4 million, or 4.0%, from the same period in 2006.

The consolidated results were negatively impacted by the continued weakness in the U.S. sewer rehabilitation market, along with a slight decrease in Tite Liner revenues, driven principally by market weakness in Canada. While there was a decline in our North American CIPP revenues, we experienced 33% growth in revenues in our European contracting operations, which have been fueled by our expansion into eastern Europe, and continued growth in most western European countries.

Consolidated gross profit for the fourth quarter of 2007 decreased $8.3 million, or 24.9%, from the same period in 2006.

Gross profit was primarily impacted by the decline in revenues and margins in the U.S. sewer rehabilitation business. Gross profit improved in the European contracting operations by almost 31% due to revenue growth.

Consolidated operating expenses in the fourth quarter of 2007 decreased $2.8 million, or 12.0%, to $20.2 million from $23.0 million in the same period in 2006, primarily due to decreases in field support expenses in rehabilitation as a result of restructuring efforts. A portion of the decrease in the fourth quarter 2007 operating expenses related to a favorable impact of the voluntary cancellation of certain equity compensation of senior management.

There were also decreases in corporate operating expenses due to our ongoing cost reduction efforts.

As mentioned earlier, the fourth quarter results reflect the settlement of Insituform Technologies, Inc. et al. v.

Cat Contracting et al.

In 1990, Insituform initiated proceedings against Cat Contracting, Inc., Michigan Sewer Construction Company, Inc. and Inliner U.S.A., Inc. (subsequently renamed FirstLiner USA, Inc.), along with another party, alleging infringement of certain of Insituform's in-liner patents. In December 2007, Insituform reached a settlement in principle, for the amount of $4.5 million, in exchange for releases of the various parties.

On February 15, 2008, Insituform received proceeds of $4.5 million in connection with the settlement.

Consolidated revenues in 2007 declined $31.8 million, or 6.0%, to $495.6 million from $527.4 million in 2006. This decline was driven essentially by the reduction in U.S. rehabilitation business in 2007. Gross profit declined $29.9 million, or 23.2%, to $99.1 million from $129.0 million in 2006. Margins were compressed in 2007 due primarily to the impact of reduced revenues in the U.S., coupled with a shift to smaller diameter installations, which are less profitable.

The first quarter of 2007 was the most notable period of decline year over year for gross profit, due to these factors, as well as weak performance in several U.S. regional operations. Operating expenses declined $2.6 million, or 2.8%, to $90.1 million from $92.7 million in 2006, due in large part to the same factors described in the fourth quarter of 2007.

Operating income decreased $22.8 million, or 62.7%, to $13.5 million from $36.3 million in 2006.

Total contract backlog was $260.3 million at December 31, 2007 compared to $224.6 million at September 30, 2007 and $214.5 million at December 31, 2006.

At December 31, 2007, backlog in the rehabilitation segment increased by 12.4% to $234.1 million, compared to $208.3 million at September 30, 2007.

This increase was primarily driven by the acquisition of $35.1 million in contracts in India.

Backlog was relatively flat in North America, as compared to September 30, 2007, and it was down relative to backlog at December 31, 2006. However, as mentioned earlier, backlog orders increased by 12% in the second half of 2007 over the first half of 2007. Europe experienced a slight decline in backlog in the fourth quarter of 2007, due to strong revenue generation, but there was a 13.4% increase from the prior year's ending backlog. Total backlog in the rehabilitation segment increased by $32.4 million, or 16.1%, as compared to $201.7 million in backlog at December 31, 2006.

Contract backlog at December 31, 2007 reached the highest level in the Tite Liner segment's history, with an increase of $9.9 million, or 60.7%, to $26.2 million from $16.3 million at September 30, 2007. This represented a 105% increase from December 31, 2006 backlog, which was $12.8 million.  Unrestricted cash increased to $79.0 million at December 31, 2007 from $78.0 million at September 30, 2007 due to stronger cash collections, along with proceeds from the sale of certain tunneling assets.

During the fourth quarter, there were $5 million in repayments against the Company's line of credit facility.

Year-end unrestricted cash compares to unrestricted cash of $96.4 million at December 31, 2006.

This decrease was principally driven by senior debt repayments of $15.7 million in February 2007.

Insituform Technologies, Inc. is a leading worldwide provider of proprietary technologies and services for rehabilitating sewer, water and other underground piping systems without digging and disruption.

More information about the Company can be found on its Internet site at www.insituform.com.

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements.

The Company makes forward-looking statements in this news release that represent the company's beliefs or expectations about future events or financial performance. These forward-looking statements are based on information currently available to the company and on management's beliefs, assumptions, estimates and projections and are not guarantees of future events or results. When used in this document, the words "anticipate," "estimate," "believe," "plan," "intend," "may," "will" and similar expressions are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements.

Such statements are subject to known and unknown risks, uncertainties and assumptions, including those referred to from time to time in Insituform Technologies Inc.'s filings with the Securities and Exchange Commission.

In light of these risks, uncertainties and assumptions, the forward-looking events discussed may not occur.

In addition, our actual results may vary materially from those anticipated, estimated, suggested or projected.

Except as required by law, we do not assume a duty to update forward-looking statements, whether as a result of new information, future events or otherwise.

Please use caution and do not place reliance on forward-looking statements. All forward-looking statements made by the Company in this news release are qualified by these cautionary statements.  Insituform(R), the Insituform(R) logo, Insituform Blue(TM), and Tite Liner(R) are the registered and unregistered trademarks of Insituform Technologies, Inc. and its affiliates.  *Please click here to access the March 4 Earnings Release with financial tables.

CONTACT: Insituform Technologies, Inc. David A. Martin, Vice President and Chief Financial Officer (636) 530 8000

01.04.2008 23:04
Insituform Awarded $4.25 Million Contract to Rehabilitate Century-Old Water Main Line On New York City's Madison Avenue

Insituform Technologies, (News) Inc. (Nasdaq Global Select Market: INSU) today announced that it has been awarded a $4.25 million contract to rehabilitate a century-old water main line running beneath Madison Avenue in New York City, one of the busiest streets in the world.

Under the terms of the contract, Insituform Blue™, the company's potable water business, will rehabilitate 10,000 feet of 48-inch diameter water line using a high-density polyethylene (HDPE) product that will create a new pipe-within-a-pipe. The company's technology and processes make it possible to rehabilitate the water main line without digging an open trench the entire length of the line.

“This project further validates the success of Insituform's strategy to accelerate the growth of Insituform Blue™, our potable water business,“ said Alfred L. Woods, Chairman and Interim Chief Executive Officer of Insituform. “Insituform Blue™ continues to deliver industry-leading technological innovation and operational excellence, which we believe gives Insituform a competitive advantage and provides us with new growth opportunities, including this prestigious Madison Avenue project.“

“Insituform Blue™ provides a smart, effective solution with the least disruption and environmental impact on one of the busiest streets in the world,“ said Gary Wiegmann, Managing Director of Insituform Blue™. “Older rehabilitation technologies would require a trench 37 blocks long to allow replacement of the old pipeline, disrupting utilities, traffic and businesses, at great cost to the commerce and taxpayers of the City of New York. Our industry-leading technology allows us to install 10,000 feet of pipe-within-a-pipe without having to dig a two-mile trench.“

Insituform will work as a subcontractor to Halcyon Construction Corporation of Pleasantville, NY, rehabilitating pipeline from 41st Street north to 78th Street under the administration of the New York City Department of Design and Construction. The work is projected to occur primarily on weekends beginning in June 2008.

“We are thrilled to be partnering with the City of New York and Halcyon Construction on what we are confident will be an important and successful project,“ concluded Wiegmann.

Insituform Technologies Inc. is a leading worldwide provider of proprietary technologies and services for rehabilitating sewer, water and other underground piping systems without digging or disruption. More information about Insituform is available on its Internet site at www.insituform.com.

The Private Securities Litigation Reform Act of 1995 provides a “safe harbor“ for forward-looking statements. The Company makes forward-looking statements in this news release that represent the Company's beliefs or expectations about future events or financial performance. These forward-looking statements are based on information currently available to the Company and on management's beliefs, assumptions, estimates and projections and are not guarantees of future events or results. When used in this document, the words “anticipate,“ “estimate,“ “believe,“ “plan,“ “intend,“ “may,“ “will“ and similar expressions are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. Such statements are subject to known and unknown risks, uncertainties and assumptions, including those referred to in the “Risk Factors“ section of the Company's Annual Report on Form 10-K for the year ended December 31, 2007, as filed with the Securities and Exchange Commission on March 10, 2008. In light of these risks, uncertainties and assumptions, the forward-looking events discussed may not occur. In addition, our actual results may vary materially from those anticipated, estimated, suggested or projected. Except as required by law, we do not assume a duty to update forward-looking statements, whether as a result of new information, future events or otherwise. Investors should, however, review additional disclosures made by the Company from time to time in its periodic filings with the Securities and Exchange Commission. Please use caution and do not place reliance on forward-looking statements. All forward-looking statements made by the Company in this news release are qualified by these cautionary statements.

Insituform®, Insituform Blue™, the Insituform® logo and Clean water for the world® are the registered and unregistered trademarks of Insituform Technologies, Inc. and its affiliates.

Insituform Completes Review of Strategic Options
Determines To Execute Business Plan and Hires New CEO

CHESTERFIELD, MO, April 7, 2008 - Insituform Technologies, Inc. (Nasdaq Global Select Market: INSU) ("Insituform" or "the Company") today announced that its Board of Directors has reviewed the Company's strategic options and has unanimously concluded that execution of the Company's business plan and hiring a new Chief Executive Officer are the best ways to enhance stockholder value. The Board worked closely with management to conduct its review and analysis, while also drawing upon input received from outside advisors, including the recommendations of its independent financial advisor, Merrill Lynch & Co.

Alfred L. Woods, Insituform's Chairman, said, "Our Board and management team regularly review and consider the Company's strategic options, often in consultation with outside advisors, to determine how best to enhance value for our stockholders. During the past several months in particular, we have worked together with our financial advisors, including, most recently, Merrill Lynch & Co., to carefully evaluate Insituform's businesses, its capital structure and the markets we serve. Merrill Lynch reviewed our current business plan and a number of alternative scenarios, and evaluated a variety of potential financial and strategic alternatives, and made a detailed presentation to our Board. We also spoke with many of our stockholders about the Company's business plan, including the hiring of a Chief Executive Officer, and the opportunities available to Insituform. As a result of this process, our Board unanimously concluded that execution of the Company's business plan and hiring a new Chief Executive Officer are the best ways to enhance stockholder value."

"Insituform's prospects are robust, despite the continued weakness in the U.S. sewer repair and rehabilitation market," continued Mr. Woods. "Insituform has a market leading position in the U.S., which we expect will continue to provide a stable revenue base, as well as significant opportunities for growth as existing U.S. sewer and water infrastructure continues to age. We remain focused on continuing to rationalize overhead and improve margins through disciplined contracting practices and ongoing cost reduction efforts. As previously disclosed, we anticipate achieving a total of $12 million in annual savings by the end of 2008, of which approximately $4 million will be reinvested in other strategic initiatives."

"We also continue to see important opportunities to diversify the Company's business by exploiting high growth opportunities, as well as by expanding in international markets where demand is burgeoning and competition is more limited," added Mr. Woods. "We are excited about the growth prospects for Insituform Blue®, our potable water pipe rehabilitation business, both in North America and internationally. Our recently announced $4.25 million contract win to rehabilitate a century-old water main line running beneath New York's Madison Avenue demonstrates the great potential of our clean water strategy. Our United Pipeline Systems division, which offers gas and oil pipeline rehabilitation throughout the world, is also growing profitably and expanding its international reach to areas where the sustained escalation of metal prices and strong investment by oil companies continues to drive demand. Additionally, we see opportunities to increase our market share in more mature markets around the world. The Company has expanded its management team to further penetrate and integrate our European business. We are also employing a disciplined venturing strategy to identify products and services that complement our existing businesses and that can be acquired or licensed for marketing through our global distribution network."

"We are committed to delivering sustainable and profitable growth and enhanced value to our stockholders," added Mr. Woods, "and we are confident we now have the management team in place to deliver these results. While our Board has completed this recent review, it will continue to closely monitor the Company's financial and operational performance, as well as measure progress in executing the business plan. To that end, we remain open to evaluating new strategic opportunities that may arise. This could include both acquisitions and divestitures, depending upon the circumstances."

In a related announcement today, John J. ("Joe") Burgess was appointed the Company's President and Chief Executive Officer and a member of the Board of Directors and the Strategic Planning Committee of the Board of Directors, effective April 14, 2008.

"We are fortunate to have a new leader in Joe Burgess to guide the Company forward and help build on our strengths," continued Mr. Woods. "Joe brings to Insituform a strong base of experience in strategic planning, operations management and customer service. I am confident that his vision and experience, combined with our industry-leading proprietary technologies and services, our hard-working and talented employees and our strong customer relationships, will enable us to execute on our strategy, capitalize on the growth opportunities we see and drive stockholder value."
Mr. Burgess said, "I am excited to be joining Insituform as its new President and CEO. I have reviewed the Company's business plan and imperatives and am enthusiastic about the direction in which Insituform is headed. I look forward to identifying additional ways to profitably grow the Company and improve its operational performance to create value for its stockholders."

About Insituform

Insituform Technologies, Inc. is a leading worldwide provider of proprietary technologies and services for rehabilitating sewer, water and other underground piping systems without digging and disruption. More information about the Company can be found on its Internet site at www.insituform.com.

Additional Information

Insituform Technologies, Inc. and its directors and executive officers may be deemed to be participants in the solicitation of proxies from its stockholders in connection with its 2008 Annual Meeting of Stockholders. Insituform has filed a preliminary proxy statement with the Securities and Exchange Commission and will file a definitive proxy statement and other relevant documents concerning the proposals to be presented at the 2008 Annual Meeting. THE PROXY STATEMENT CONTAINS IMPORTANT INFORMATION ABOUT INSITUFORM AND THE 2008 ANNUAL MEETING OF STOCKHOLDERS. Insituform's stockholders are strongly advised to read the definitive proxy statement, and any amendments or supplements thereto, and other materials filed by Insituform in connection with the 2008 Annual Meeting of Stockholders. When filed, the definitive proxy statement, and any amendments or supplements thereto, and other materials filed by Insituform will be available free of charge on the Securities and Exchange Commission's website at www.sec.gov or on Insituform's website at www.insituform.com under Investors/SEC.

Forward-Looking Statements

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. The Company makes forward-looking statements in this news release that represent the Company's beliefs or expectations about future events or financial performance. These forward-looking statements are based on information currently available to the Company and on management's beliefs, assumptions, estimates and projections and are not guarantees of future events or results. When used in this document, the words "anticipate," "estimate," "believe," "plan," "intend," "may," "will" and similar expressions are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. Such statements are subject to known and unknown risks, uncertainties and assumptions, including those referred to in the "Risk Factors" section of the Company's Annual Report on Form 10-K for the year ended December 31, 2007, as filed with the Securities and Exchange Commission on March 10, 2008. In light of these risks, uncertainties and assumptions, the forward-looking events discussed may not occur. In addition, our actual results may vary materially from those anticipated, estimated, suggested or projected. Except as required by law, we do not assume a duty to update forward-looking statements, whether as a result of new information, future events or otherwise. Investors should, however, review additional disclosures made by the Company from time to time in its periodic filings with the Securities and Exchange Commission. Please use caution and do not place reliance on forward-looking statements. All forward-looking statements made by the Company in this news release are qualified by these cautionary statements.

Insituform®, the Insituform® logo and Insituform Blue® are the registered trademarks of Insituform Technologies, Inc. and its affiliates.

CONTACT:

Insituform Technologies, Inc.
David A. Martin, Vice President and Chief Financial Officer
636-530-8000

Matthew Sherman / Jeremy Jacobs
Joele Frank, Wilkinson Brimmer Katcher
212-355-4449

Insituform Appoints Joe Burgess President and Chief Executive Officer
Veolia Water North America President and CEO Brings Extensive Experience in Strategic Planning, Operations Management and Customer Service

CHESTERFIELD, MO, April 7, 2008 - Insituform Technologies, Inc. (Nasdaq Global Select Market: INSU) today announced that its Board of Directors has appointed John J. ("Joe") Burgess as President and Chief Executive Officer, effective April 14, 2008. Mr. Burgess has also been appointed to the Company's Board of Directors and the Strategic Planning Committee of the Board of Directors. Mr. Burgess succeeds Alfred L. Woods, who has been serving as interim CEO since August 13, 2007. Woods, a Director since 1997 and Chairman of the Board since 2003, will continue to serve as Chairman of the Board.

"We are extremely pleased to welcome Joe Burgess to Insituform and are fortunate to have a leader of his caliber, vision and experience," said Mr. Woods. "Over the past seven months, our Board of Directors has conducted an extensive search for a candidate with the right balance of industry knowledge and operational expertise to effectively capitalize on the growth opportunities in our markets. A respected leader, Joe's impressive 20-year career has afforded him a strong base of experience in strategic planning, operations management and customer service. In particular, he brings considerable experience working with municipalities, the federal government and industrial clients that will strengthen Insituform's customer relationships. We are confident that Joe brings the right combination of strategic insight, operational discipline, and inspirational leadership needed for Insituform's accelerated and sustained growth."

"I am privileged to become the President and Chief Executive Officer of Insituform," said Mr. Burgess. "This is an important time in the Company's history and the water service industry as a whole. The sewer and water rehabilitation businesses have become increasingly critical in maintaining vital infrastructure as cities across the country and around the world age and grow. Insituform is a unique company with strong technologies, services and people. I am confident that with its strategic focus on growth, technological innovation and operational excellence, Insituform is solidly positioned to capitalize on this growing market to serve our customers worldwide and create stockholder value. I look forward to meeting Insituform's stockholders and to working closely with the Board and senior management team, and Insituform's 1,600 hard working and dedicated employees. I welcome this opportunity to lead Insituform successfully into the future."

Mr. Burgess, 49, President and CEO of Veolia Water North America, a leading provider of water and wastewater services to municipal, federal and industrial customers, has over 20 years of experience in the water, energy and petrochemical industries. Mr. Burgess joined Veolia Water in 2002 as the Vice President and General Manager for the Northeast business center, and was promoted to Chief Operating Officer in 2003 and to President and CEO in 2005. Prior to that, Mr. Burgess served as Executive Vice President for water systems operations for Ogden Projects (later renamed Covanta Water), a subsidiary of Ogden Corporation that specialized in waste-to-energy projects for municipalities. At Ogden, Mr. Burgess led a joint venture with Yorkshire Water (U.K.). He began his career at Monsanto Company in 1981.

Mr. Burgess is a co-founder of the Water Partnership Council, a trade association for non-regulated U.S. water companies. The Water Partnership Council is committed to helping communities and companies meet water and wastewater needs in the safest, most environmentally sound and cost-effective manner possible.

Mr. Burgess received his bachelor's degree in accounting and finance from the University of Florida.

About Insituform Technologies, Inc.

Insituform Technologies, Inc. is a leading worldwide provider of proprietary technologies and services for rehabilitating sewer, water, and other underground piping systems without digging or disruption. More information about Insituform is available on its Internet site at www.insituform.com.

Forward-Looking Statements

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. The Company makes forward-looking statements in this news release that represent the Company's beliefs or expectations about future events or financial performance. These forward-looking statements are based on information currently available to the Company and on management's beliefs, assumptions, estimates and projections and are not guarantees of future events or results. When used in this document, the words "anticipate," "estimate," "believe," "plan," "intend," "may," "will" and similar expressions are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. Such statements are subject to known and unknown risks, uncertainties and assumptions, including those referred to in the "Risk Factors" section of the Company's Annual Report on Form 10-K for the year ended December 31, 2007, as filed with the Securities and Exchange Commission on March 10, 2008. In light of these risks, uncertainties and assumptions, the forward-looking events discussed may not occur. In addition, our actual results may vary materially from those anticipated, estimated, suggested or projected. Except as required by law, we do not assume a duty to update forward-looking statements, whether as a result of new information, future events or otherwise. Investors should, however, review additional disclosures made by the Company from time to time in its periodic filings with the Securities and Exchange Commission. Please use caution and do not place reliance on forward-looking statements. All forward-looking statements made by the Company in this news release are qualified by these cautionary statements.

Insituform®, the Insituform® logo and Insituform Blue® are the registered trademarks of Insituform Technologies, Inc. and its affiliates.

For More Information, Contact

Insituform Technologies, Inc.
David A. Martin, Vice President and Chief Financial Officer
636-530-8000

Dan Katcher / Matthew Sherman
Joele Frank, Wilkinson Brimmer Katcher
212-355-4449

12.04.2008

 Insituform Technologies, Inc.

To Announce First Quarter 2008 Results and Hold Conference Call  

Insituform Technologies, (News) Inc. (Nasdaq Global Select Market: INSU) will issue its financial results for the quarter ended March 31, 2008 on Thursday, April 24, 2008 after the close of the market.

Al Woods, Chairman of the Board and Joe Burgess, Chief Executive Officer will host a conference call on Friday, April 25, 2008 to discuss first quarter financial results.

After opening remarks, there will be a limited question and answer period.

Any financial or statistical information presented during the call, including any non-GAAP measures, the most directly comparable GAAP measures and reconciliation to GAAP results, can be accessed by clicking on the Webcasts tab on the Investors page of Insituform's website  (www.insituform.com)  or by using the following link:

http://www.insituform.com/Investors/Presentations.aspx.

EARNINGS RELEASE:  

Thursday, April 24, 2008.

LIVE CONFERENCE CALL WEBCAST:  

Friday, April 25, 2008, 9:30 a.m. Eastern Daylight Time.

The conference call will be webcast live via the Internet on Insituform's website (www.insituform.com).

To access the webcast connect to the website five to ten minutes prior to the scheduled time.

CONFERENCE CALL REPLAY:

An audio archive of the webcast will be available beginning approximately two hours after the conclusion of the conference call through www.insituform.com. The webcast archive is available for one week.

Insituform Technologies, Inc. is a leading worldwide provider of proprietary technologies and services for rehabilitating sewer, water and other underground piping systems without digging and disruption.

More information about Insituform can be found on its Internet website at www.insituform.com.

18.04.2008 23:01
Insituform Grants Inducement Awards to New CEO

Insituform Technologies, (News) Inc. (Nasdaq Global Select Market: INSU) (“Insituform“ or the “Company“) today announced that it has granted certain stock option and restricted stock awards to J. Joseph Burgess, the Company's newly appointed President and Chief Executive Officer. The awards are issued as “inducement grants“ under the rules of the Nasdaq Global Select Market and, as such, will not be issued pursuant to the Company's 2006 Employee Equity Incentive Plan.

Pursuant to the terms of Mr. Burgess' employment letter, these inducement grants consist of a non-qualified option to purchase 118,397 shares (the “Stock Option“) of Insituform common stock, par value $.01 per share (“Common Stock“), a performance-based award of 52,784 shares of restricted Common Stock (the “Performance-Based Restricted Stock Award“) and a one-time award of 103,092 shares of restricted Common Stock (the “Employment Incentive Award“), each in connection with the commencement of his employment with the Company.

The Stock Option has an exercise price of $14.55 per share, which was the closing market price for Insituform Common Stock, as reported on the Nasdaq Global Select Market, on April 14, 2008, the date of grant. The Stock Option will vest with respect to one-third of the total number of shares on each of the first, second and third anniversaries of such grant date and will expire on the seventh anniversary of the grant date, unless exercised or cancelled prior to that date.

The Performance-Based Restricted Stock Award will vest 100% upon the third anniversary of the award date, unless forfeited or vested prior to that date. In order for this award to vest, the Company must meet a financial performance criterion for 2008, as determined by the Compensation Committee of the Company's Board of Directors. Achievement of 100% or more of the 2008 performance criterion will result in Mr. Burgess earning 100% of the Performance-Based Restricted Stock Award, subject only to Mr. Burgess' continued employment with the Company through the third anniversary of the award date. Failure to achieve at least 75% of the performance criterion in 2008 will result in the forfeiture of the entire award. If 75% of the performance criterion is achieved, 50% of the Performance-Based Restricted Stock Award will be earned, as long as Mr. Burgess remains employed with the Company through the third anniversary of the award date. If between 75% and 100% of the performance criterion is achieved during 2008, Mr. Burgess will be entitled to receive between 50% and 100% of the award, as determined on a straight-line basis, subject to Mr. Burgess' continued employment through the third anniversary of the award date. The Performance-Based Restricted Stock Award is subject to early vesting due to (i) an involuntary termination of Mr. Burgess' employment with the Company without “cause“ on or following a “change in control,“ or (ii) a voluntary termination of employment by Mr. Burgess for “good reason“ on or following a “change in control.“ The Performance-Based Restricted Stock Award will also vest as to a portion of the award where Mr. Burgess is involuntarily terminated by the Company without “cause“ at least 18 months after the date of the award. The portion of the Performance-Based Restricted Stock Award that will vest will be determined by dividing the number of whole months of his employment since the date of the award by 36.

The Employment Incentive Award will vest 100% on the fifth anniversary of the award date, unless forfeited or vested prior to that date. The vesting of the Employment Incentive Award is entirely based upon Mr. Burgess' continued employment with the Company, subject to early vesting due to (i) an involuntary termination of Mr. Burgess' employment with the Company without “cause“ on or following a “change in control,“ or (ii) a voluntary termination of employment by Mr. Burgess for “good reason“ on or following a “change in control.“ The Employment Incentive Award will also vest as to a portion of the award where Mr. Burgess is involuntarily terminated by the Company without “cause“ at least 30 months after the date of the award. The portion of the Employment Incentive Award that will vest will be determined by dividing the number of whole months of his employment since the date of the award by 60.

Prior to the vesting of either of the restricted stock awards, Mr. Burgess will not be allowed to sell or transfer the shares subject to the awards.  

Insituform Technologies Inc.

issued a letter Monday to all stockholders urging them to vote for Insituform's directors and reject dissident shareholder group Water Asset Management's slate of five nominees.

Water Asset Management (WAM) is an adviser to a group of funds that own 5.3 percent of Insituform.

WAM is putting up a proxy fight that could replace some of Insituform's current board members with a slate led by former U.S. Sen. Alfonse D'Amato of New York.

In Monday's letter Insituform said WAM has no strategic plan for the company and is planning a "fire sale" of Insituform.

"We believe that WAM has no interest in creating sustainable growth and its so-called plan is irresponsible, self-serving and threatens the future value of Insituform," Chairman Alfred Woods wrote in the letter.

In a letter sent to Insituform shareholders on March 13, WAM said if the current board remains in place Insituform should consider its strategic alternatives with the most likely outcome being a sale.  Insituform said after consulting with an independent financial adviser, Merrill Lynch & Co., the company decided that executing the company's current business plan combined with the recent hiring of Joe Burgess as its new CEO are the best ways to increase shareholder value.

"We strongly believe that it is in our stockholders' best interests not to turn over control of your company to a recently formed hedge fund with no business plan and no known relevant operating or investment expertise," the letter said.  Insituform said it repeatedly offered to meet with WAM's nominees to understand their background and qualifications, but their attempts were rebuffed.

In addition to replacing the directors, WAM seeks to amend Insituform's bylaws and reduce the company's board to six directors. Insituform currently has seven directors, but its existing bylaws allow for the election of up to nine directors.  Insituform's current directors are:

John Dubinsky, president and chief executive of Clayton, Mo.-based Westmoreland Associates;

Juanita Hinshaw, prominent St. Louis businesswoman and head of financial advisory firm H&H Advisers;

Stephen Cortinovis, of London-based Bridley Capital Partners;

Stephanie Cuskley, former managing director at New York-based JPMorgan Securities;

Alfred McNeill, construction industry consultant and former chief executive of The Turner Corp. of Dallas;

and Sheldon Weinig, adjunct professor at Columbia University and at State University of New York, Stony Brook.

In addition to D'Amato, WAM's four other nominees are Disque Deane Jr., Matthew Diserio, Richard Onses and Nickolas Vande Steeg.  Insituform's 2008 annual meeting was delayed from its originally scheduled date of May 1 to May 19.  Chesterfield, Mo.-based Insituform Technologies Inc. (Nasdaq: INSU) provides rehabilitation and repair services to sewer, water and other underground piping without digging and disruption.

06.05.2008 20:29
Water Asset Management Sends Letter to Insituform Shareholders

NEW YORK, May 6 /PRNewswire/ -- Water Asset Management today mailed the following letter to shareholders of Insituform Technologies, (News) Inc. :

[WATER ASSET MANAGEMENT LETTERHEAD] The Time for Change at Insituform is Now! May 6, 2008 To Our Fellow Stockholders of Insituform Technologies, Inc.:

With Insituform's Annual Meeting of Stockholders less than two weeks away, we're encouraged by the positive response our message for Board change is receiving. In order to increase shareholder value for the long term, Insituform needs more than just a few new voices on its Board -- it needs a completely new board.

The Incumbent Board's Desperation is Showing

Shareholders recognize the need for change, and Insituform's incumbent Board is becoming more desperate. In the absence of a track record they can defend, they've taken to repeating an unfounded and inaccurate mantra. The incumbent Board continually claims that we "have no plan or relevant capabilities to operate your Company" and that we are "seeking Board control to pursue a fire sale of your Company." These inaccurate misrepresentations are a thinly veiled "scare tactic" and are completely untrue.

* Under no circumstance will we pursue a "fire sale" of Insituform. To say otherwise is outrageous. We are long term investors, focused exclusively on water related companies worldwide, and we are not looking for a quick sale in order to satisfy some mythical short-term investment horizon that management would like you to believe we have. * Our nominees are uniquely equipped to maximize long term shareholder value by implementing the business plan we have detailed in previous filings. In fact, our nominees have far more experience than the incumbent Board in implementing efficient business practices throughout a global organization and in operating and investing in the water industry worldwide. Moreover, our nominees have far greater governmental and international experience and contacts than the incumbent directors. * We have consistently stated -- and reiterate -- that we are prepared and willing to work with Joe Burgess as Insituform's new CEO. In fact, if he is not reelected to the Board as a result of this proxy contest, we will offer to add him back to the Board.

The Incumbent Board has demonstrated no ability to create shareholder value.

In response to our recent criticism of the Board -- and criticism by analysts and other shareholders -- pointing to a long term record of destroying shareholder value, the incumbent Board recently presented its latest version of a "strategic plan." We see few new specifics and many inaccuracies.

* Insituform's shares have lost 13.2% of their value over the past five years, while the Company's two handpicked indexes for comparison have increased in value by 391.7% and 224.0%, respectively.(1) * In Q1 2008, gross margin remained well below historical levels, and operating expenses were still greater than analyst expectations, even after accounting for proxy related expenses. * The incumbent Board references operations in "40 markets," including North America (2 countries) and Europe (perhaps 10 countries), which implies, based on the incumbent Board's recent presentation, that sales in "rest of world" (approximately 28 countries) totaled a paltry $2 million in 2007. * Tite Liner sales have barely grown in the last 3 years despite the unprecedented boom in mining and oil and gas spending. * The incumbent Board's "strategic plan" now uses words like "refocus" "intensify" "improve" "reduce" "optimize" and "standardize." Ironic how those words were rarely ever used before our filings. * The Company belittles litigation with its European partner (in a joint venture that accounts for a significant portion of the Company's non-US revenue) by referring to it euphemistically as a "situation." * The incumbent Board's public presentation of its plan shows an EBITDA chart that generously excludes the losses under their watch from the now-defunct tunneling business, and includes interest income, gains on sale, and other income. * The incumbent Board has apparently rebuffed past inquiries by credible buyers, never exploring whether they would be willing to pay shareholders a significant premium.

Our objective is to transform Insituform into a results-driven enterprise, with individual accountability, in order to create shareholder value. Our 2010 EPS objective is $2.00 per share, as compared with $0.47 per share earned in 2007. Here are the highlights of some of the steps we will take:

* Grow sales from $500 million to $700 million. * Increase gross margins from 18% to 25%. * Reduce general and administrative expenses by $10 million per year.

We urge you to vote for our entire slate on our BLUE proxy card. We look forward to continue speaking with many of our fellow shareholders in advance of the 2008 Annual Meeting on May 19, 2008.

In addition, please feel free to call our proxy advisors, MacKenzie Partners, Inc., or us directly, at any time for further information at (800) 322-2885.

Very truly yours, Matthew J. Diserio Disque D. Deane Jr. (1) Represents total return for calendar years 2003 through 2007. The Company's handpicked indexes are identified in the Company's Form 10-K and in Water Asset Management's proxy statement, filed March 10, 2008 and April 22, 2008, respectively, with the Securities and Exchange Commission. Biographies of Our Nominees * Nickolas W. Vande Steeg is a former President of Parker-Hannifin Corp., having held a variety of executive and operating management positions over a 35 year career with that company. Parker Hannifin is widely considered one of the best managed and most efficient companies in the S&P 500. Mr. Vande Steeg has substantial experience in successfully implementing "lean" business practices in a large global enterprise and will provide significant leadership and insight to make the Company more efficient, flexible and competitive. * Senator Alfonse M. D'Amato offers a wealth of experience in governmental and international affairs on the federal, state and municipal levels. Municipal wastewater markets are the primary focus of the Company's US marketing efforts for rehabilitation projects, and we believe Senator D'Amato's experience, insight, and relationships will be invaluable. * Matthew J. Diserio and Disque D. Deane Jr. are President and Chief Investment Officer, respectively, of Water Asset Management, which invests exclusively in water-related companies globally. In addition to vast experience in the water industry, Messrs. Deane and Diserio will bring to the Board significant financial experience. We believe their financial and water industry experience and contacts will be an important addition to the new Board's expertise in the current financial environment, where creative approaches to financing municipal projects can provide a critical competitive advantage. * Richard Onses is a water industry consultant based in Barcelona, Spain and specializing in water utilities and water infrastructure projects. He formerly headed business development at Sociedad General de Aguas de Barcelona, SA, a large European water company, and has operated water and waste water assets on three continents. Given the growth of the Company's international operations, we believe that Mr. Onses' international experience and contacts in the water industry will be a valuable addition to the Board.

27.05.2008 21:48
Victory for Insituform Stockholders - Water Asset Management Nominee Wins Seat on Board

NEW YORK, May 27 /PRNewswire/ -- Water Asset Management announced today that its nominee, Nickolas W. Vande Steeg, the former President and COO of Parker Hannifin, has been elected to the board of directors of Insituform Technologies, (News) Inc.

Matthew J. Diserio, President of Water Asset Management, said: "The message of our proxy contest and the strong support our slate received have sharpened the focus of the Insituform board. Nick Vande Steeg's election is a victory for stockholders. Nick brings unique insight and experience to the Insituform board, which, if fully embraced, can substantially enhance long term stockholder value. During this proxy solicitation, many of Insituform's largest stockholders have put the board on notice that they support our call for change. Insituform is a unique enterprise with substantial global market opportunity. Stockholders deserve, and clearly expect, improved results. We look forward to working with new CEO Joe Burgess and will closely monitor the Board's leadership in achieving the improved results promised in the run-up to this important election."

Insituform Technologies: Ready to Deliver?
by: Ted Allrich posted on: July 11, 2008

   
Insituform Technologies Inc. (INSU), together with its subsidiaries, provides proprietary trenchless technologies to rehabilitate, replace, maintain, and install underground pipes.

It operates in two segments, Rehabilitation and Tite Liner. The Rehabilitation segment offers Insituform CIPP Process for the rehabilitation of sewers, pipelines, and other conduits; iPlus Infusion Process, a trenchless method used for the rehabilitation of small-diameter sewer pipelines; iPlus Composite Process for the rehabilitation of large-diameter sewer pipelines; PolyFlex and PolyFold Processes that are the methods of rehabilitating transmission and distribution water mains; Thermopipe Lining System, a polyester-reinforced polyethylene lining system for the rehabilitation of distribution water mains; and iTAP Process, a robotic method for reinstating potable water service connections from inside a water main. This segment also provides Insituform RPP Process used for the rehabilitation of forced sewer mains and industrial pressure pipelines; Insituform PPL Process for the rehabilitation of drinking water and industrial pressure pipelines; Sliplining, a method used to push or pull a new pipeline into an old one; and Pipebursting for replacing deteriorated or undersized pipelines.

The Tite Liner segment offers Tite Liner process, a method of lining new and existing pipe with a corrosion and abrasion resistant high-density polyethylene pipe; and Safetyliner Liner, a grooved HDPE liner that is installed in an industrial pipeline using the Tite Liner process. The company has operations in the United States, Canada, Mexico, the United Kingdom, the Netherlands, France, Belgium, Spain, Switzerland, Poland, Chile, Europe, and Asia. Insituform Technologies was founded in 1971. It was formerly known as Insituform of North America, Inc. and changed its name to Insituform Technologies, Inc. in 1992. The company is headquartered in Chesterfield, Missouri.

Things got rough for INSU in 2007. Earnings went down 60%, from 90 cents in 2006 to 36 cents. This year analysts see 58 cents coming to the shareholders (range of 53 cents to 69 cents) and next year, 74 cents (range of 60 cents to 97 cents). With that disparity for earnings among analysts, it's obvious this is one tough company to predict.

One thing that is easy to see is the backlog. At the end of the first quarter, it stood at $285.6 million, up 42% from the same time last year. For a company with sales of $495.6 million last year, that's a significant number, one that suggests earnings will indeed improve this year. Part of the driver behind the improvement comes from the TiteLiner division which services the oil industry. With oil prices going ever higher, the ability to deliver black gold through seamless pipes is a priority. In addition to better TiteLiner orders, the sewer rehabilitation group is seeing increased demand in Europe and Asia.

Other numbers: Return on Equity was rather meager at 2.8% in 2007. Analysts see 4% this year and 5% next year. Sales are predicted to reach $535 million this year and $570 million next year. Book Value is $12.87. Price to Sales is .8. Price to Book is 1.13. Beta is high at 1.86.

On January 22 of this year, the stock hit a 52 week low of $11.01. The high was $22.95. There are 5.2 million shares short, representing about 17 days of trading volume and 19% of the float. There are 27.764 million shares outstanding. Current assets out number current liabilities by 2.82 to 1.

One other, non-data point: There's a new CEO at the helm who should bring stability to the executive offices. Also, there are issues with the board of directors which recently added a dissident shareholder who subsequently resigned. Turmoil at the board level needs to be addressed for investors to fully gain confidence in INSU.

But the stock has done well over the last 6 months. After hitting $11.01 in January, it lifted to $19.20 before settling back again to its current level. This stock may be ready to deliver better earnings as it increases its global presence. The new CEO will have his hands full but with that improved backlog of orders, it looks like it will be a pleasant task.

oder Sicherheitsprobleme ????

Hallo Kiel.....

Scheiß Technik hier....

darum,nur um in Erinnerung zu bringen,kein Zockerwert,dafür was seriöses Kleines mit Perspektive.

 

Insituform Wins Additional $9.1 Million Project in Honolulu, Hawaii

CHESTERFIELD, MO, June 15, 2009-Insituform Technologies, Inc. (Nasdaq Global Select Market: INSU) announced today that it has been awarded a $9.1 million contract by the City and County of Honolulu, Hawaii. Upon completion of the project, nearly 8,000 feet of 8-inch to 30-inch deteriorating sewer pipe, the majority of which is located under Kalanianaole Highway, will be cleaned, inspected and rehabilitated with Insituform® CIPP. Insituform has completed over $30 million in pipeline rehabilitation for Honolulu since 2005.

For the past three years, the City and County of Honolulu has been implementing a 10-year capital improvement plan. The City and County expects to spend approximately $30 million annually on the rehabilitation and replacement of its water, sewer and stormwater pipelines.

"The City and County of Honolulu recognizes the need for pipeline rehabilitation and the benefits of trenchless technology to this project," said Joe Lane, General Manager for Insituform's West Region. "Compared to traditional dig and replace methods, Insituform® CIPP allows the City and County to upgrade their system at a lower cost and with less disruption to citizens and businesses," Lane continued.  XXXWork on this latest project is expected to begin in September 2009 and be completed in the first quarter of 2011. The project also includes the inspection and cleaning of an additional 6,000 feet of sewer pipelines, the rehabilitation of manholes and the rehabilitation of three inverted siphons located beneath a water inlet.

Insituform® CIPP essentially provides a new pipe within the existing pipe. Because Insituform® CIPP is installed using existing manholes, the project can be completed without digging. Air inversion steam cure (AISC), which can reduce the amount of water used during installation by nearly 95 percent, will be used to install most of the CIPP. The Insituform® CIPP process is an affordable solution to rehabilitate sanitary sewers, storm sewers and force mains and can reduce infiltration, restore structural integrity and increase flow capacity.

About Insituform

Insituform Technologies, Inc. is a leading worldwide provider of proprietary technologies and services for rehabilitating sewer, water, energy and mining piping systems and the corrosion protection of industrial pipelines. More information about the Company can be found on its internet site at www.insituform.com.

investor.shareholder.com/insituform/releasedetail.cfm

Bayou Announces Award of $27.6 Million Contract in Connection With Fayetteville Express Pipeline Project  

CHESTERFIELD, MO, June 23, 2009  - The Bayou Companies, Inc. ("Bayou"),

a subsidiary of Insituform Technologies, Inc. (NASDAQ Global Select Market: INSU), today announced it was awarded a $27.6 million contract with ILVA S.p.A. ("ILVA") for pipe coating, welding and logistical support services. ILVA is manufacturing and transporting pipe for installation on the Fayetteville Express Pipeline ("FEP"), a natural gas pipeline joint venture between Kinder Morgan Energy Partners, L.P. and Energy Transfer Partners, L.P.  XXXDr. Andrea Bellicini, ILVA's Commercial Director for Plate and Pipe said, "ILVA is pleased to be working with The Bayou Companies again on another major pipeline project. We are confident we will build on our successful relationship for the benefit of our client, Fayetteville Express Pipeline."

Bayou's work on the project will include the coating and double joint welding of approximately 185 miles of 42-inch pipe. Bayou will coat the pipe using internal flow efficiency and external fusion bonded epoxy processes. The internal flow efficiency process improves the flow of gas through the pipeline by creating a smooth, defect-free surface. The fusion bonded epoxy coating process is an environmentally safe cathodic protection technique used to inhibit corrosion of the pipeline. Bayou is a leading provider of these and other products and services to the onshore and offshore oil and gas industries, primarily in North America and the Gulf of Mexico.

Bayou will also provide logistical support to ILVA in connection with the shipping and transport of the finished pipe to certain project sites. The FEP will originate in Conway County, Arkansas and terminate at an interconnect with Trunkline Gas Company in Panola County, Mississippi. Bayou anticipates work on the project to begin this month and expects completion by March 2010.

The FEP is designed to contribute to energy independence and stability, stimulate economic growth and help to meet future energy needs in the United States. Importantly, the FEP will add new pipeline access and takeaway capacity for the Fayetteville Shale.  Bayou has partnered with ILVA on several projects over the past 15 years. Jerry Shea, Managing Director of Business Development for Bayou, stated, "We are very pleased that ILVA has awarded Bayou the Fayetteville Express Pipeline project. We are confident that we will manage this project in an efficient and expeditious manner. We look forward to working with ILVA on this project and many more in the future."

About Bayou

The Bayou Companies, Inc. was acquired by Insituform Technologies, Inc. in early 2009. Bayou is a leading provider of cost-effective solutions to onshore and offshore energy and infrastructure companies primarily in North America and the Gulf of Mexico. Bayou's products and services include internal and external pipeline coating, lining, weighting and insulation. Bayou also provides specialty fabrication and services for offshore deepwater installations, including project management and logistics. More information about Bayou can be found on its internet site at www.bayoucompanies.com.

About Insituform

Insituform Technologies, Inc. is a leading worldwide provider of proprietary technologies and services for rehabilitating sewer, water, energy and mining piping systems and the corrosion protection of industrial pipelines. More information about Insituform can be found on its internet site at www.insituform.com.

investor.shareholder.com/insituform/releasedetail.cfm

08.07.2009 16:47
Insituform Technologies, Inc. Announces Appointment of Charles R. Gordon to Board of Directors

Insituform Technologies, Inc. (NASDAQ Global Select Market: INSU) (”Insituform” or the ”Company”) today announced the appointment of Charles R. Gordon to its Board of Directors. Gordon brings more than 20 years of management experience in the water and wastewater industries. The addition of Gordon increases the size of the Company’s Board of Directors from six to seven. Gordon will also serve on the Board’s Strategic Planning and Corporate Governance&Nominating Committees.

Mr. Gordon, 51, currently serves as President and Chief Executive Officer of Siemens Water Technologies, a business unit of Siemens AG (”Siemens”), a world leader in products, systems and services for water and wastewater treatment for industrial, institutional and municipal customers. Previously, Mr. Gordon served as Executive Vice President of the Siemens Water&Wastewater Systems Group and as Executive Vice President of the Siemens Water&Wastewater Services and Products Group. His past experience also includes various management positions with USFilter Corporation and Arrowhead Industrial Water, prior to the acquisition of US Filter Corporation by the Siemens family of companies in 2004.

In addition to serving on the Board of Directors of Insituform, Mr. Gordon serves on the boards of directors of the Siemens Foundation and The Regional Learning Center based in Cranberry Township, Pennsylvania.

Insituform’s Chairman of the Board of Directors, Alfred L. Woods, commented, ”Chuck is a valuable addition to our Board. His 20 years of water and wastewater industry and management experience will be a great addition to our talented and diverse Board. Chuck’s success in managing a multi-billion dollar company with more than 5,500 employees worldwide will result in meaningful contributions to our Board’s deliberations and will be a great asset to our Company.”

”We look forward to benefitting from the insight that Chuck can provide in helping us achieve our long-term strategic objectives,” said Joe Burgess, the Company’s President and Chief Executive Officer. ”His unique perspective as a sitting industry executive will add a new dimension to our already actively engaged Board.”

About Insituform

Insituform Technologies, Inc. is a leading worldwide provider of proprietary technologies and services for rehabilitating sewer, water, energy and mining piping systems and the corrosion protection of industrial pipelines. More information about Insituform can be found on its internet site at www.insituform.com.

09.07.2009 21:18
Insituform Technologies, Inc. to Announce Second Quarter 2009 Results and Hold Conference Call

Insituform Technologies, Inc. (Nasdaq Global Select Market: INSU) will issue its financial results for the quarter ended June 30, 2009 on Thursday, July 23, 2009 after the close of the market.

Joe Burgess, President and Chief Executive Officer, will host a conference call on Friday, July 24, 2009 to discuss second quarter financial results. After opening remarks, there will be a limited question and answer period.

Any financial or statistical information presented during the call, including any non-GAAP measures, the most directly comparable GAAP measures and reconciliation to GAAP results, can be accessed by clicking on the Webcasts tab on the Investors page of Insituform’s website (www.insituform.com) or by using the following link: http://www.insituform.com/Investors/554/webcasts.aspx.
EARNINGS RELEASE:
Thursday, July 23, 2009.

LIVE CONFERENCE CALL WEBCAST:
Friday, July 24, 2009, 9:30 a.m. Eastern Daylight Time.

The conference call will be webcast live via the Internet on Insituform’s website (www.insituform.com). To access the webcast, connect to the website five to ten minutes prior to the scheduled time.

CONFERENCE CALL REPLAY:

An audio archive of the webcast will be available beginning approximately two hours after the conclusion of the conference call through www.insituform.com. The webcast archive is available for one week.

Insituform Technologies, Inc. is a leading worldwide provider of proprietary technologies and services for rehabilitating sewer, water, energy and mining piping systems and the corrosion protection of industrial pipelines. More information about Insituform can be found on its Internet website at www.insituform.com.

Contacts:

Insituform Technologies, Inc.
David A. Martin, 636-530-8000
Senior Vice President and Chief Financial Officer

14.12.2009 18:00

Insituform Technologies, Inc. Announces European Operation Reorganization and $3.0 Million (USD) Annual Reduction in Administrative and Overhead Costs

Insituform Technologies, Inc. (Nasdaq Global Select Market: INSU) today announced aunit to position it for profitable growth. This reorganization includes exiting low-return geographies, combining operations and realigning responsibilities and functions in the European headquarters office, located in Paris, France. The Company expects to realize approximately $3.0 million (USD) in annual cost savings from these efforts.

"We expect that these changes will have a significant positive impact on our European operation. They will allow us to increase our focus on the areas that we believe have the greatest growth potential and reduce the risk in countries that have historically been poorer performing operations. We expect our European operating expenses to decrease significantly by 2012 and will leverage the geographic proximity of our operations to minimize logistical costs," said J. Joseph Burgess, Insituform's President and Chief Executive Officer.

The reorganization plan includes the elimination of approximately 35 positions throughout Europe. The efforts and experience of the employees who are leaving Insituform have been and remain valued.

As part of the reorganization, Insituform also acquired the 25% minority interest in its CIPP tube manufacturing operation in the United Kingdom, which had been owned by Per Aarsleff, a Danish company. Insituform and Per Aarsleff also agreed upon new regulations and guidelines for their 20-year joint venture in Germany ("IRT"), which should ensure cooperation between the partners going forward and lead to improved profitability.

Under the new European organizational structure, Europe will be divided into four regions plus the IRT organization. In addition, Insituform will exit the trenchless contracting markets in Belgium, Romania, Poland and Austria as part of the reorganization. Alex Buehler, Insituform's Vice President - Europe, noted that "this realignment provides the opportunity to achieve significant cost synergies between the European countries and to expand Insituform's third-party tube sales through its 100% owned UK manufacturing company. It also allows us to concentrate our resources in geographies where Insituform can realize the desired return on its investment."

The Company will record pre-tax charges of approximately $4.2 million in the fourth quarter of 2009 related to the reorganization and position eliminations. These are one-time non-recurring expenses.

Separately, Insituform announced its decision to close the Corrpro paint team business, which business painted U.S. Navy ships. This business was non-core to Insituform's other business operations and only accounted for approximately $0.8 million in revenues for the nine months ended September 30, 2009. In connection with this closure, Insituform will record a one-time charge of approximately $0.5 million during the fourth quarter of 2009.

The costs associated with the European restructuring and the closure of the paint business are excluded from the Company's previously provided guidance for the year ending December 31, 2009.

 

www.finanznachrichten.de/nachrichten-2009-12/...e-and-overhea-004.htm

29.01.2010 21:28
Insituform Technologies, Inc. To Announce Fourth Quarter and Year-End 2009 Results and Hold Conference Call

Insituform Technologies, Inc. (Nasdaq Global Select Market: INSU) will issue its financial results for the quarter and year-ended December 31, 2009 on Thursday, February 25, 2010 after the close of the market.

Joe Burgess, President and Chief Executive Officer will host a conference call on Friday, February 26, 2010 to discuss fourth quarter and year-end financial results. After opening remarks, there will be a limited question and answer period.

Any financial or statistical information presented during the call, including any non-GAAP measures, the most directly comparable GAAP measures and reconciliation to GAAP results, can be accessed by clicking on the Webcasts tab on the Investors page of Insituform's website (www.insituform.com) or by using the following link: http://www.insituform.com/Investors/554/webcasts.aspx
EARNINGS RELEASE:
  Thursday, February 25, 2010.
                              §
LIVE CONFERENCE CALL WEBCAST:
          §Friday, February 26, 2010, 9:30 a.m. Eastern Standard Time.
                
§
Listen-only, Toll free:
          
877-723-9502§
                    
           §
Listen-only, Toll:
          

719-325-4921§
                    §
Confirmation Code:
          

9049612§
                              §
                                        §
The conference call will be webcast live via the Internet on Insituform's website (www.insituform.com). To access the webcast connect to the website five to ten minutes prior to the scheduled time.

CONFERENCE CALL REPLAY:

An audio archive of the webcast will be available beginning approximately two hours after the conclusion of the conference call through www.insituform.com. The webcast archive is available for one week.

Insituform Technologies, Inc. is a leading worldwide provider of proprietary technologies and services for rehabilitating sewer, water, energy and mining piping systems and the corrosion protection of industrial pipelines. More information about Insituform can be found on its Internet website at www.insituform.com.

Contacts:

Insituform Technologies, Inc.
David A. Martin, 636-530-8000
Senior Vice President and
Chief Financial Officer

29.01.2010 15:56
Insituform Technologies, Inc. Expands Asian Operation Through Acquisition of Singapore Licensee

Insituform Technologies, Inc. (Nasdaq Global Select Market: INSU) today announced its acquisition of Insitu Envirotech (S.E. Asia) Pte Ltd, its former licensee in Singapore ("Insitu S.E. Asia"), for US $1.3 million.

Daniel E. Cowan, Vice President - Asia Pacific for Insituform, said, "This acquisition further expands Insituform's trenchless rehabilitation business in Southeast Asia, providing meaningful access to the Singapore and Malaysian rehabilitation markets and bolstering our operations in India, Hong Kong and Australia. The trenchless rehabilitation market in Singapore is experiencing significant growth as a result of a recently-initiated, four-year US $295 million rehabilitation program announced by the Public Utility Board (PUB), Singapore's national water agency. Insituform's proprietary trenchless products, including iPlus Infusion® for sewer pipelines and InsituMain® for water pipelines, are well suited for this market and should allow Insituform to significantly expand Insitu S.E. Asia's operations."

Cowan further commented, "This acquisition also allows Insituform to expand its third-party CIPP tube sales into the Singapore market, which previously had been prohibited by the terms of the exclusive license agreement held by Insitu S.E. Asia. Insituform already has received orders for approximately 80 miles (approximately US $1.7 million) of CIPP tube in Singapore. We believe that third-party tube sales will provide a meaningful contribution to this business in 2010 and beyond."

Insitu S.E. Asia, an ISO 9001:2008 and OSHA 18001:2007 certified company, has provided trenchless rehabilitation services in Singapore for more than 15 years, most recently as a subsidiary of IJM Corporation Berhad, one of the largest contracting companies in Asia.

29.07.2010 15:44

Insituform Division Awarded $6 Million (US) Contracts To Install the Tite Liner® System in South American Mine

Insituform Technologies, Inc. (Nasdaq Global Select Market: INSU) announced today that United Sistema de Tuberias Limitada, a Chilean subsidiary of its United Pipeline Systems division, has been awarded two contracts valued at approximately $6 million (US) to install its Tite Liner® System in pipelines for Minera El Abra in Calama, Chile.  

The Tite Liner® System is a high-density polyethylene liner designed to resist internal abrasion and corrosion in pipelines.  

The liner is being used to internally protect a new 42-inch diameter pipeline from highly corrosive sulfuric acid raffinate as part of the $600 million "Sulfolix" expansion project. The pipeline will be nearly 25,000 feet long, and United's on-site installation will take place in extremely challenging high desert conditions. The El Abra copper mine is located at approximately 13,000 feet above sea level where cold temperatures and high winds are prevalent. Work on the project is expected to be completed by the end of 2010.  

United Pipeline Systems began providing global pipeline protection in 1985, and has installed over 100,000 feet of Tite Liner® at the El Abra mine near Calama since 1995.  

Dorwin Hawn, Insituform's Senior Vice President, Energy and Mining, said, "United Pipeline Systems has successfully installed pipeline in challenging environments throughout South America for nearly 20 years. Our General Manager, Sr. Roberto Ogarrio, and his team are prepared to meet the challenges of installing Tite Liner® for the Minera El Abra project as part of Insituform's continuing global pipeline protection efforts."  

 

About United Pipeline Systems  

United Pipeline Systems is a global leader in providing high-density polyethylene (HDPE) lining systems for internal pipeline protection. United has constructed and internally lined more than 13,000 kilometers (8,000 miles) of pipelines on six continents since 1985. United developed the Tite Liner® System, which protects steel pipelines from a variety of chemicals and abrasives through a broad range of temperatures and pressures. More information about United can be found at www.unitedpipeline.com.

www.finanznachrichten.de/nachrichten-2010-07/...american-mine-004.htm

www.mysmartrend.com/news-briefs/...echnologies-trend-continues-insu-3

Und vom Charttechnischen einmal weg.

Die Zukunft scheint weitere kukrative Aufträge und Gewinne zu garantieren, zumindest in Punkto Nachholbedarf ist der Bereich Infrastruktur in den USA ein ungeheuer interessanter.

Gerade auch im Bereich Wasserversorgung drohen ganze Städte und Regionen in den USA bei ausbleibenden Investitionen auf das Niveau von Entwicklungs- und Schwellenländern zurück zu fallen.

2010 - das 4. Quartal und Gesamtergebnis.

 

investor.shareholder.com/insituform/releasedetail.cfm

http://www.mysmartrend.com/news-briefs/...owngraded-one-week-ago-insu


Sollten Obamas Pläne realisiert werden und man bei Infrastrukturmaßnahmen auch mal an die marode Wasserversorgung vielerorten denkt,dann INSITUFORM im Auge behalten.