Aegion Corporation Formed to Serve as New Parent Holding Company for Insituform Technologies and its Subsidiaries

Insituform Technologies (NASDAQ: INSU) todayannounced the completion of an internal reorganization whereby a new Delawareparent holding company, Aegion Corporation, has been created to providecorporate and administrative services for its operating subsidiaries. In the newstructure, Aegion replaces Insituform as the public company, and Insituformand its former direct subsidiaries are now direct subsidiaries of Aegion.Aegion's common stock is traded on the Nasdaq Global Select Market under itsnew symbol “AEGN.”