ONE MILLION MAN HOURS
CHESTERFIELD, MO., April 29, 2009 – Commercial Coating Services International, Ltd. (CCSI), a subsidiary of Insituform Technologies, Inc.’s newly acquired subsidiary, The Bayou Companies, Inc., recently surpassed one million man hours worked without filing a single lost time injury report.
According to Dave Hammon, CCSI's Human Resources, Health & Safety Manager, there have been no lost time injury reports filed since December 13, 2004. Gary Brown, CCSI President, notes, "Every CCSI employee has contributed to this significant milestone through daily dedication to following our defined safety procedures."
CCSI owns one of the world's largest fleets of field joint coating systems and is a leader in field joint anti-corrosion coating with more than two million field joints coated worldwide.
CCSI provides services worldwide and has completed projects in North and South America, Australia, Indonesia, Malaysia, West Africa, the North Sea and Mediterranean Seas and the Middle East.
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 or disruption and the corrosion protection of industrial pipelines. More information about the Company can be found 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 or 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, 2008, as filed with the Securities and Exchange Commission on March 2, 2009, and in our subsequent quarterly reports on Form 10-Q. In light of these risks, uncertainties and assumptions, the forward-looking events 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® and the Insituform® logo are the registered and unregistered trademarks of Insituform Technologies, Inc. and its affiliates.
For more information, contact:
David F. Morris
Senior Vice President and Chief Administrative Officer
636-530-8000