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Insituform Technologies Unit Wins $10.9 Million Australia Contract

January 14, 2010 (FinancialWire) — Insituform Technologies, Inc. (NASDAQ: INSU) said that its United Pipeline Systems division has been awarded a $10.9 million contract for the supply and installation of its Tite Liner solution on mining pipelines for the Sino Iron Ore project located in Western Australia.

United said it anticipates work on the project will commence in April 2010 and be completed by the end of July 2010.

United expects to install more than 18.5 miles of its Tite Liner solution on a new 32-inch steel magnetite concentrate pipeline. Tite Liner is a high-density polyethylene liner designed to resist the abrasion and corrosion of slurry pipelines in energy and mining applications.

Insituform Technologies is a provider of proprietary technologies and services for rehabilitating sewer, water, energy and mining piping systems and the corrosion protection of industrial pipelines.

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