The Reinforced Earth Company(R) has Purchased Certain Assets of the L.B. Foster Company

February 21, 2006
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VIENNA, Va., Feb. 21 /PRNewswire-FirstCall/ -- The Reinforced Earth Company (RECo) has acquired certain assets from the L.B. Foster Company (Nasdaq: FSTR), a 104 year old American corporation involved in the manufacture, fabrication and distribution of products for the transportation, construction, utility and energy industries. L.B. Foster anticipates realizing a net gain of under $3.0 million from this transaction. The acquisition of the proprietary, patented Mechanical Stabilized Earth (MSE) system, marketed and sold by L.B. Foster under the trade name Retained Earth(R), positions RECo to offer a wider range of products, reinforcement selections, engineering services and new innovative products to the market.

RECo, the original inventor of MSE technology, with over 34 years of experience in the United States and activity in every State Department of Transportation, will continue to focus attention on service, training, quality and presenting an unparalleled range of economic and operational benefits to its customers. In addition, this acquisition will also lead to improved synergies with its sister companies within the USA Freyssinet Group. Working with DGI-Menard, who has significant expertise in ground improvement technologies, and Freyssinet LLC, an established leader in post-tensioning and stay cable structures, will allow RECo to center more energy on offering enhanced product solutions and improved problem solving capabilities, as the industry moves more to a design build project approach.


     Contacts:  Dion Gray
                Marketing Manager
                The Reinforced Earth Company
                Tel: 703 821 1175
                E-mail: dgray@reinforcedearth.com

               Jake Fuellhart
               Communications Specialist
               L.B. Foster Company
               Tel : 412 928 5645
               Email: jfuellhart@lbfosterco.com


SOURCE  L.B. Foster Company; The Reinforced Earth Company
    -0-                             02/21/2006
    /CONTACT:  Dion Gray, Marketing Manager of The Reinforced Earth Company,
+1-703-821-1175, or dgray@reinforcedearth.com; or Jake Fuellhart,
Communications Specialist of L.B. Foster Company, +1-412-928-5645, or
jfuellhart@lbfosterco.com/
    CO:  L.B. Foster Company; Reinforced Earth Company; RECo
ST:  Pennsylvania
IN:  CST TRN OIL
SU:  TNM

JE-WB
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5825 02/21/2006 14:52 EST http://www.prnewswire.com