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Novinium Acquires UtilX

March 19, 2015

“Novinium, owner of patented processes for rejuvenating aged underground power cables, today announced Novinium’s acquisition of UtilX from Willbros Group, Inc. (NYSE: WG) As a result of this acquisition, Novinium now has over 100 customers and over 300 employees across all 50 states, Canada, and Europe….”