UNDERGROUND SOLUTIONS TO PRESENT AT WATER INDUSTRY CONFERENCE

Underground Solutions, Inc. announced today that it has been invited to present an overview of the Company at the New York Society of Security Analysts 8th annual Investing in the Water Industry Conference on December 2nd, 2004 at the Harvard Club in New York City. The attendees at the conference will primarily include portfolio managers from pension funds, mutual funds, hedge funds, trusts, endowments, insurance companies and the leading analysts from the water industry.

Other presenters include:

• Peter C. Nelson, President and CEO of California Water, the largest investor-owned water utility in the western United States;

• Nicholas DeBenedictis, Chairman and CEO of Aqua America, Inc., the nation‚s largest investor-owned water utility, serving nearly two million residents in Pennsylvania, Ohio, Illinois, New Jersey, Maine and North Carolina;

• Dennis G. Sullivan, President and CEO of Middlesex Water Company providing water and wastewater services to residents in New Jersey and Delaware;

• Anton C. Garnier, Chairman and CEO of Southwest Water Company which provides a broad range of services including water production and distribution;

• Floyd E. Wicks, President and CEO of American States Water Company, which provides water service to 1 out of 30, Californians located within 75 communities throughout 10 counties in Northern, Coastal and Southern California;

• Jeffrey M. Parker, Director and Chairman of Consolidated Water Co., Ltd.; which designs, builds and operates reverse osmosis conversion plants;

• Jeffrey S. Osman, President and CEO of The New York Water Company, which serves approximately 150,000 people in 35 municipalities in York County;

• Mark Harding, President & CFO of Pure Cycle Corporation which owns water & wastewater assets in Denver, Colorado;

• William C. McCartney, CFO of Watts Water Technologies, Inc. the world leader in the manufacture of innovative products for the water industry; and

• Donald Correll, President and CEO of Pennichuck Corporation, providing water service in New Hampshire.

An overview of the future of the water industry will be presented by David Schanzer, First Vice-President of Janney Montgomery Scott.

About Underground Solutions

Underground Solutions is an infrastructure technology and service company that has developed two piping systems which allow for the economical rehabilitation or replacement of deteriorated drinking water pipes with minimal excavation resulting in savings to the municipality.

The Company's products are installed in many of these country‚s major water systems and are being sold through more than 100 distributors across the United States. The Company is producing its proprietary products in the USA, Canada and Costa Rica.

Source: Underground Solutions