Market Overview

Perma-Pipe International Holdings Appoints Scott James Senior Vice President - Americas


Perma-Pipe International Holdings, Inc. (NASDAQ:PPIH) today announced
the appointment of Mr. Scott James to Senior Vice President - Americas,
with full operating and financial responsibility for Perma-Pipe's
business in the Americas region including pursuing expansion of new
markets for the continued growth of the Perma-Pipe brand. Scott replaces
long-term industry veteran John Carusiello who is retiring in August.

President and CEO David Mansfield commented, "I am pleased that Scott
has agreed to join Perma-Pipe to lead the Americas region. The extent of
Scott's background and experience in the piping industry will advance
the transition into this critical role and bring a sense of familiarity
to our customers and suppliers. Scott has a successful track record of
providing leadership in operations, business development, sales, mergers
and acquisitions, and product management. I am convinced Scott's
industry experience coupled with his successes in business will
complement our current strategies and have an immediate and positive
impact on Perma-Pipe."

Scott has extensive experience working globally including in North and
South America, Europe, Asia and Australia. His scope of experience
covers a variety of industry sectors including Oil and Gas, Automotive,
Aerospace and Utilities. Scott joins Perma-Pipe from the Houston office
of Corrpro, an Aegion company, which provides pipeline integrity and
cathodic protection services. Prior to that, Scott served at RAE Energy
as well as Stanley Oil & Gas, focusing on non-destructive testing, field
joint coating and welding services for the pipeline industry. He also
held a variety of leadership roles for Shawcor, which specializes in the
application of anti-corrosion coatings, thermal insulation coatings,
field joint coatings, and welding/fabrication activities for steel pipe
intended for oil & gas pipeline construction.

Mr. James commented, "I am excited to join Perma-Pipe and lead the
Americas region. Perma-Pipe has a strong reputation in oil and gas,
civil construction, and leak detection systems which provide a solid
base business for geographical and product or service expansion in the
region. I look forward to working with the great team of employees
throughout the company as well as customers, suppliers, and other
stakeholders to deliver world class customer service and solid returns
to shareholders."

Mr. Mansfield concluded, "I would like to extend my sincere thanks to
John for the significant contributions he has made to the company during
his tenure and to wish him the very best in his retirement. The
Perma-Pipe organization is driven to provide industry-leading products
and services in meeting the demands of our customers, shareholders and
employees. Our organizational development continues with this focus in
mind. In pursuing the goals of Perma-Pipe through our values, people and
strategies, we will continue to seek growth and improved financial

Perma-Pipe International Holdings, Inc.

Perma-Pipe International Holdings, Inc. (NASDAQ:PPIH) is a global
leader in pre-insulated piping and leak detection systems for oil and
gas gathering, district heating and cooling, and other applications. It
uses its extensive engineering and fabrication expertise to develop
piping solutions that solve complex challenges regarding the safe and
efficient transportation of many types of liquids. In total, Perma-Pipe
has operations at seven locations in five countries.

Forward-Looking Statements

Statements and other information contained in this announcement that can
be identified by the use of forward-looking terminology constitute
"forward-looking statements" within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934, as amended, and are subject to the safe harbors
created thereby, including, without limitation, statements regarding the
expected future performance and operations of the Company. These
statements should be considered as subject to the many risks and
uncertainties that exist in the Company's operations and business
environment. Such risks and uncertainties include, but are not limited
to, the project nature of the business, the increasing international
nature of the business, economic conditions, market demand and pricing,
competitive and cost factors, raw material availability and prices,
global interest rates, currency exchange rates, labor relations and
other risk factors.

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