UTILX Corporation to Web Cast Fourth Quarter and Year End Earnings Call

Business Wire, May 15, 2000

Business Editors

KENT, Wash.--(BUSINESS WIRE)--May 15, 2000

UTILX Corporation (Nasdaq:UTLX), announced today that it intends to release its financial results for the Fourth Quarter and Year ending March 31, 2000, on Monday, May 22, 2000. In conjunction with this release, UTILX will host a conference call on Tuesday, May 23, 2000 at 7:30 am Pacific Time, which will be broadcast live over the Internet. William M. Weisfield, President and CEO, and Darla Vivit Norris, SVP and CFO, will host the call.

To access the broadcast go to http://vcall.com or you may link directly to the call at, http://www.vcall.com/NASApp/Vcall/EventPage?ID=19843. If you are unable to attend, the broadcast will be available for a period of 30 days on the Internet through Vcall. Anyone wishing to participate by phone may contact Debbie Casias at 253/395-4615, for the call in number. Please respond by Friday, May 19, 2000.

UTILX Corporation provides critical services for the installation and rejuvenation of aged underground infrastructure with its FlowMOLE(R) service and proprietary CableCURE(R) solution in the U.S. and Canada through a network of regional sales and service centers. The Company also provides CableCURE(R) services throughout Europe and Asia.

This release contains forward-looking statements relating to the Company's existing and future products and services and future operating results that are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. The words "believe", "expect", "intend", "plan", variations of such words, and similar expressions identify forward-looking statements, but their absence does not mean that the statement is not forward-looking. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Please refer to the Company's latest Annual Report on Form 10-K filed with the SEC for a more detailed description of risk factors. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. The Company undertakes no obligation to update publicly any forward-looking statements to reflect new information, events or circumstances after the date of this release or to reflect the occurrence of unanticipated events.