-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, NSpZyaUeKVyamZdAky+ranA6jqX5XevsUCznfb9ext8T6cje1NPzIakIlYbsSyRr 78JKTzJXM46KIuZ3oeo4ig== 0000950124-02-002040.txt : 20020611 0000950124-02-002040.hdr.sgml : 20020611 20020610150157 ACCESSION NUMBER: 0000950124-02-002040 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20020610 ITEM INFORMATION: Financial statements and exhibits ITEM INFORMATION: FILED AS OF DATE: 20020610 FILER: COMPANY DATA: COMPANY CONFORMED NAME: INSITUFORM TECHNOLOGIES INC CENTRAL INDEX KEY: 0000353020 STANDARD INDUSTRIAL CLASSIFICATION: WATER, SEWER, PIPELINE, COMM AND POWER LINE CONSTRUCTION [1623] IRS NUMBER: 133032158 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-10786 FILM NUMBER: 02674902 BUSINESS ADDRESS: STREET 1: 702 SPIRIT 40 PARK DRIVE CITY: CHESTERFIELD STATE: MO ZIP: 63005 BUSINESS PHONE: 6365308000 MAIL ADDRESS: STREET 1: 702 SPIRIT 40 PARK DRIVE CITY: CHESTERFIELD STATE: MO ZIP: 63005 FORMER COMPANY: FORMER CONFORMED NAME: INSITUFORM OF NORTH AMERICA INC DATE OF NAME CHANGE: 19921217 FORMER COMPANY: FORMER CONFORMED NAME: INSITUFORM OF NORTH AMERICA INC/TN/ DATE OF NAME CHANGE: 19930617 8-K 1 c70143e8vk.txt CURRENT REPORT DATED 06/10/02 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ---------------- FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): June 10, 2002 ----------------------------------- INSITUFORM TECHNOLOGIES, INC. ------------------------------------------------ (Exact name of registrant as specified in its charter) Delaware 0-10786 13-3032158 - ------------------------------------- --------------------------------------- --------------------------------- (State or other jurisdiction of (Commission File Number) (IRS Employer Identification incorporation) No.)
702 Spirit 40 Park Drive, Chesterfield, Missouri 63005 - ---------------------------------------------------------------------------- --------------------------------- (Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (636) 530-8000 ----------------------------------- Item 7. Financial Statements and Exhibits. (c) Exhibits. See the Index to Exhibits attached hereto. Item 9. Regulation FD Disclosure. On June 10, 2002, the registrant issued a press release announcing April and May 2002 new orders for the cured-in-place pipe unit of its North American Rehabilitation business. The press release is furnished herewith as Exhibit 99.1. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. INSITUFORM TECHNOLOGIES, INC. By: /s/ Joseph A. White ------------------------------------------ Joseph A. White Vice President and Chief Financial Officer Date: June 10, 2002 INDEX TO EXHIBITS These exhibits are numbered in accordance with the Exhibit Table of Item 601 of Regulation S-K. Exhibit Description ------- ----------- 1 Not applicable. 2 Not applicable. 4 Not applicable. 16 Not applicable. 17 Not applicable. 20 Not applicable. 23 Not applicable. 24 Not applicable. 99.1 Press release of Insituform Technologies, Inc., dated June 10, 2002, announcing April and May 2002 new orders for the cured-in-place pipe unit of its North American Rehabilitation business. EX-99.1 3 c70143exv99w1.txt REGULATION FD DISCLOSURE EXHIBIT 99.1 (INSITUFORM-TECH) (INSUA) Insituform Technologies, Inc. North American Rehabilitation Business Achieves $69 Million in New CIPP Orders During April and May of 2002 Chesterfield, MO - June 10, 2002 - Insituform Technologies, Inc. (Nasdaq National Market: INSUA) ("Insituform") today announced that the cured-in-place pipe (CIPP) unit of its North American Rehabilitation business achieved $69 million of new orders during April and May of 2002. This does not include orders booked in the Kinsel unit. Commenting, Anthony W. (Tony) Hooper, Chairman of the Board, President and Chief Executive Officer of Insituform, stated, "We are pleased with the rate of CIPP orders we are attaining in the second quarter of 2002. As indicated during our April 2002 conference call, we expected much stronger CIPP orders in the second quarter this year. This is being achieved, with CIPP orders in April-May 2002 up over 50% from January-February 2002 and up over 40% from the level of April-May 2001. Our North American Rehabilitation business is on target to meet our order forecast for the second quarter. "Pricing pressure during 2002 has continued to be strong, but remains within our expected range of a 5% to 10% annual decline in average price per foot. As in the past, our goal is to strive for cost reductions to offset the pricing pressure. "We reported in April that our valued customer, Jacksonville Electric Authority (JEA), had reduced the amount of work to be released this year under our multi-year pipebursting contract with them. Recent discussions with JEA lead us to believe that they will release work for the balance of this year at a level consistent with our current forecast. The amount of work in the twelve months beginning October 2002 is expected to be slightly higher." Insituform Technologies, Inc. is a leading worldwide provider of proprietary technologies and services for rehabilitating sewer, water and other underground piping systems without digging and disruption. More information about Insituform can be found on its Internet site at www.insituform.com. This press release contains forward-looking statements, which are inherently subject to risks and uncertainties that could cause actual results to differ materially from those projected. Factors which could affect results include, among others, the competitive environment for Insituform's products and services, the geographical distribution and mix of Insituform's work, and other factors set forth in reports and documents filed by Insituform with the Securities and Exchange Commission from time to time. Insituform does not assume a duty to update forward-looking statements. Please use caution and do not place reliance on forward-looking statements. CONTACT: Insituform Technologies, Inc. Joseph A. White, Vice President and CFO (636) 530-8000 -----END PRIVACY-ENHANCED MESSAGE-----