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Structural Preservation Systems Acquires AquaShield.

BALTIMORE -- Structural Preservation Systems, Inc (SPS) - a $200 million Baltimore-based specialty-contracting firm that delivers services, systems and technologies that build, repair, protect, strengthen and reinforce concrete, steel, masonry, timber and soils - has announced the acquisition of

BALTIMORE -- Structural Preservation Systems, Inc (SPS) - a $200 million Baltimore-based specialty-contracting firm that delivers services, systems and technologies that build, repair, protect, strengthen and reinforce concrete, steel, masonry,

timber and soils - has announced the acquisition of AquaShield, Inc.

With headquarters in South Florida, AquaShield offers waterproofing and concrete restoration services to condominium and facility owners in Florida. AquaShield's services and expertise include facade repairs, pool and plaza deck repairs, parking garage restoration and balcony repairs. Other offerings include post-tensioning repairs, installation of traffic-bearing expansion joint systems, waterproof deck coatings, window sealant, chemical grouting to control leaks, form and cast-in-place concrete, form and pump concrete, concrete overlay and epoxy injection of cracks.

"AquaShield will increase our capabilities, resources and presence in Florida," said Peter Emmons, founder and President of SPS. "With locations in Ft. Lauderdale and Tampa, SPS is already the largest specialty repair contractor in the state of Florida. By adding AquaShield, we have strengthened our Team and will have more than 300 experienced technicians serving Florida's condominium and building owners and managers. AquaShield's attention to quality and safety, approach to customer service and dedication to employee training complements our growing company."

The terms of the acquisition were not disclosed. SPS's parent organization, Structural Group, also owns VSL, a leading post-tensioning and specialty-reinforcement supplier. From its Ft. Lauderdale location, VSL supplies construction systems for buildings, bridges and parking garages throughout Florida.

About Structural Group

As one of the nation's leading specialty contractors, Structural Group is comprised of three dynamic and diversified companies. Structural Preservation Systems is the largest specialty contractor focusing on structural repair and strengthening. VSL is the technical leader in post-tensioning and specialty reinforcement. Pullman Power leads the industry in chimney, silo, and stack construction, maintenance, and repair. From 18 operating centers around the United States, the Structural Group businesses perform a wide range of projects involving industrial facilities, commercial properties, public infrastructure and municipal buildings. For more information about Structural Group, please visit www.structural.net.

AquaShield, Inc.

With headquarters in South Florida, AquaShield offers waterproofing and concrete restoration services to condominium and facility owners in Florida. AquaShield's services and expertise include facade repairs, pool and plaza deck repairs, parking garage restoration and balcony repairs. Other offerings include post-tensioning repairs, installation of traffic-bearing expansion joint systems, waterproof deck coatings, window sealant, chemical grouting to control leaks, form and cast-in-place concrete, form and pump concrete, concrete overlay and epoxy injection of cracks.

"AquaShield will increase our capabilities, resources and presence in Florida," said Peter Emmons, founder and President of SPS. "With locations in Ft. Lauderdale and Tampa, SPS is already the largest specialty repair contractor in the state of Florida. By adding AquaShield, we have strengthened our Team and will have more than 300 experienced technicians serving Florida's condominium and building owners and managers. AquaShield's attention to quality and safety, approach to customer service and dedication to employee training complements our growing company."

The terms of the acquisition were not disclosed. SPS's parent organization, Structural Group, also owns VSL, a leading post-tensioning and specialty-reinforcement supplier. From its Ft. Lauderdale location, VSL supplies construction systems for buildings, bridges and parking garages throughout Florida.

About Structural Group

As one of the nation's leading specialty contractors, Structural Group is comprised of three dynamic and diversified companies. Structural Preservation Systems is the largest specialty contractor focusing on structural repair and strengthening. VSL is the technical leader in post-tensioning and specialty reinforcement. Pullman Power leads the industry in chimney, silo, and stack construction, maintenance, and repair. From 18 operating centers around the United States, the Structural Group businesses perform a wide range of projects involving industrial facilities, commercial properties, public infrastructure and municipal buildings. For more information about Structural Group, please visit www.structural.net.

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