Corrpro

Corrpro Companies Receives $3.6 Million Task Order Under US Navy Contract Valued At Up to $8.0 Million Per Year

St. Louis, MO, January 25, 2010– Corrpro Companies, Inc. (“Corrpro”), a subsidiary of Insituform Technologies, Inc. (Nasdaq Global Select Market: INSU), announced today that it has received a $3.6 million task order from the United States Navy. This order was received under an existing Indefinite Delivery/Indefinite Quantity (IDIQ) contract valued at up to $8.0 million per year. The United States Navy has the option to renew the contract, which expires in September 2010, for up to four years at a value of up to $8.0 million per year.

The task order requires Corrpro to perform engineering services as well as design and installation of cathodic protection systems, field inspections and surveys in military installations worldwide. It is expected that the majority of the work will be located in the United States, Japan, Korea and the South Pacific Islands. Other locations may include military installations in Western European countries. Corrpro has worked with the US Navy on similar projects for over 15 years. Corrpro recently completed a similar IDIQ contract valued at $4.0 million per year, under which it performed approximately $15.0 million of work over five years.

Spencer Turpin, Regional Vice President of Corrpro said, “We are extremely pleased to perform these services for the US Navy around the world. Identifying and installing cathodic protection systems assists the US Navy in protecting important military infrastructure from corrosion. Our certified engineers and corrosion experts are committed to providing quality service and materials on this project.”

Corrpro was selected to bid on the project after undergoing a thorough pre-qualification process. As the general contractor, Corrpro will work with several subcontractors, including locally-owned small businesses, minority-owned businesses and women-owned businesses.

Corrpro will begin work on this project immediately and expects to complete this portion of the work by August 2010.

About Corrpro
Corrpro Companies, Inc. was acquired by Insituform Technologies, Inc. in early 2009. For over 25 years, Corrpro has been a leading provider of cathodic protection systems and engineering services. As a subsidiary of Insituform Technologies, Inc., Corrpro offers corrosion solutions for every industrial market including pipeline, refinery, above and underground storage tanks, water, wastewater, concrete, infrastructure, offshore and marine. More information about Corrpro can be found on its internet site at www.corrpro.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.

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 statement, 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, Corrpro® and the Corrpro® logo are the registered 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

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