New Large Diameter High-Performance Pipe Introduced by Advanced Drainage
Systems
Advanced Drainage Systems, Inc. (ADS) (NYSE: WMS), a leading global manufacturer of water management solutions, today announced
its latest breakthrough in storm water pipe technology, HPXRTM 75. This new technology provides heightened levels of
stiffness, is available in a range of sizes, and yields significant cost benefits for customers compared to alternative
products.
"ADS continues to address critical infrastructure challenges through the industry’s most comprehensive and innovative suite of
storm water solutions,” said Joe Chlapaty, Chairman and Chief Executive Officer, ADS. “HPXR 75 complements our existing solution
set by allowing customers to strategically focus capital on high performance products that offer cost savings and extended design
service life.”
Chlapaty continued, “The HPXR 75 product will enable us to make significant inroads in the large and growing infrastructure and
public construction markets for larger diameter storm pipe. The construction industry is seeking product options with improved
service characteristics, installation durability and increased joint performance; the HPXR 75 product line will directly address
those needs.”
ADS internally developed and designed HPXR 75, continuing an innovative legacy that includes N-12, HP, Nyloplast and StormTech.
The revolutionary design of the pipe incorporates a corrugated polypropylene pipe with a smooth outer wall that incorporates
oriented fiberglass reinforcement, creating a pipe with increased stiffness, approximately 75 pii, and installation performance.
The product will be available in diameters ranging from 30 to 60 inches, and 13 and 20 foot lengths.
HPXR 75 will allow for a broad range of backfill materials and installation conditions, reducing costs while increasing
installation speed with confidence of consistent line and grade. The watertight bell and spigot exceeds ASTM D3212 and complies
with ASTM F477.
For additional information, contact any local ADS office or go to: www.ads-pipe.com.
About Advanced Drainage Systems, Inc.:
Advanced Drainage Systems (ADS) is the leading manufacturer of high performance thermoplastic corrugated pipe, providing a
comprehensive suite of water management products and superior drainage solutions for use in the construction and infrastructure
marketplace. Its innovative products are used across a broad range of end markets and applications, including non-residential,
residential, agriculture and infrastructure applications. The Company has established a leading position in many of these end
markets by leveraging its national sales and distribution platform, its overall product breadth and scale and its manufacturing
excellence. Founded in 1966, the Company operates a global network of 61 manufacturing plants and 31 distribution centers. To learn
more about the ADS, please visit the Company’s website at http://www.ads-pipe.com.
Forward Looking Statements:
Certain statements in this press release may be deemed to be forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are not
historical facts but rather are based on the Company’s current expectations, estimates and projections regarding the Company’s
business, operations and other factors relating thereto. Words such as “may,” “will,” “could,” “would,” “should,” “anticipate,”
“predict,” “potential,” “continue,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “confident” and similar
expressions are used to identify these forward-looking statements. These statements are only predictions and as such are not
guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Actual results may
differ materially from those in the forward-looking statements as a result of a number of factors, including those described from
time to time in the Company’s filings with the Securities and Exchange Commission
Advanced Drainage Systems, Inc.
Marketing
Tori Durliat, 419-424-8275
tori.durliat@ads-pipe.com
or
Investor Relations
Michael Higgins, 614-658-0277
mike.higgins@ads-pipe.com
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