Expands Leak Detection and Pipe Condition Diagnostic Capabilities
ATLANTA, Jan 04, 2011 (BUSINESS WIRE) --
Mueller Water Products, Inc. (NYSE: MWA), a leading manufacturer and
marketer of products and services that are used in the transmission and
distribution of safe, clean drinking water and in water treatment
facilities, is expanding its ability to help municipalities rebuild
North America's aging water infrastructure with the acquisition of
Echologics Holdings, the parent company of Echologics Engineering Inc.
Mueller Water Products purchased Echologics for $8.0 million in cash in
mid-December. The company, which was founded in 2003, will continue to
operate under the Echologics name as a division of Mueller Co.
Based in Toronto, Echologics is a leader in the development of water
infrastructure diagnostic technologies for water loss management, leak
detection and pipe condition assessment. Echologics has pioneered
advanced technologies that locate leaks and potential leaks and provide
utilities with an assessment of the structural thickness of their pipes
using non-invasive acoustic wave analysis.
"The ability to help municipalities identify where leaks are occurring,
as well as diagnose the overall condition of their piping systems, is
crucial as they repair or replace their aging water infrastructures and
better manage their water resources," said Gregory E. Hyland, chairman,
president and chief executive officer of Mueller Water Products.
"Echologics enhances our ability to provide municipalities with the
essentialproducts and services needed in the transmission and
distribution of drinking water."
"We are excited about becoming part of Mueller Water Products and
continuing Mueller's long history of offering municipalities the
innovative products they need to keep their water infrastructure systems
in optimum condition," said Marc Bracken, vice president and general
manager of Echologics.
Safe Harbor Statement
This press release contains certain statements that may be deemed
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. All statements that address
activities, events or developments that we intend, expect, plan,
project, believe or anticipate will or may occur in the future are
forward-looking statements. Forward-looking statements are based on
certain assumptions and assessments made by us in light of our
experience and perception of historical trends, current conditions and
expected future developments. Actual results and the timing of events
may differ materially from those contemplated by the forward-looking
statements due to a number of factors, including regional, national or
global political, economic, business, competitive, market and regulatory
conditions and the following:
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the level of spending on water and wastewater infrastructure;
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the demand level of manufacturing and construction activity;
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our ability to service our debt obligations; and
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the other factors that are described in the section entitled "RISK
FACTORS" in Item 1A of our most recently filed Annual Report on Form
10-K.
Undue reliance should not be placed on any forward-looking statements.
We do not have any intention or obligation to update forward-looking
statements after we file this press release, except as required by law.
About Mueller Water Products, Inc.
Mueller Water Products, Inc. manufactures and markets products and
services that are used in the transmission and distribution of safe,
clean drinking water and in water treatment facilities throughout North
America. Our broad product portfolio includes engineered valves, fire
hydrants, pipe fittings, water meters and ductile iron pipe, which are
used by municipalities, as well as the residential and non-residential
construction industries. With latest 12 months net sales through
September 30, 2010 of $1.3 billion, the Company is comprised of three
operating segments: Mueller Co., U.S. Pipe and Anvil. Based in Atlanta,
Georgia, the Company employs approximately 4,800 people. The Company's
common stock trades on the New York Stock Exchange under the ticker
symbol MWA. For more information about Mueller Water Products, Inc.
visit muellerwaterproducts.com.
About Echologics Holdings
Echologics Holdings is the parent company of Echologics Engineering Inc.
Echologics Engineering is a manufacturing, service and marketing company
dedicated to helping water utilities reduce water loss with subsequent
benefits in monetary, environmental and health costs to the communities.
Echologics is a leader in the development of water infrastructure
diagnostic technologies for water loss management, leak detection and
pipe condition assessment. Founded in 2003, Echologics is based in
Toronto and employees 20 people. For more information visit
echologics.com.

SOURCE: Mueller Water Products, Inc.
Mueller Water Products, Inc.
Investor Contact:
Martie Edmunds Zakas, 770-206-4237
Sr. Vice President - Strategy, Corporate Development & Communications
mzakas@muellerwp.com
or
Media Contact:
John Pensec, 770-206-4240
Director - Corporate Communications & Public Affairs
jpensec@muellerwp.com