(Source: Business Wire)

URS Corporation (NYSE:URS) today announced that it has acquired
ForeRunner Corporation ("ForeRunner"), an engineering and construction
management company specializing in projects for the oil and gas
industry. ForeRunner has approximately 150 employees and is
headquartered in Lakewood, Colorado. The financial terms of the
transaction were not disclosed.
ForeRunner provides project management, engineering and design, and
construction management services, primarily for the development of oil
and gas pipelines and compression, storage and processing facilities.
The company has completed approximately 1,800 projects throughout the
United States since its founding in 1996. ForeRunner complements URS'
expertise in environmental permitting and the design and construction of
oil and gas production and storage facilities, processing plants,
refineries and related infrastructure.
Commenting on today's announcement, Gary V. Jandegian, President of the
URS Division, said: "With its talented professionals, relationships with
Fortune 500 clients and strategic location near some of the nation's
largest natural gas and oil fields, ForeRunner enhances URS' ability to
pursue new opportunities and better serve existing clients in the oil
and gas sector."
URS Corporation (NYSE: URS) is a leading provider of engineering,
construction and technical services for public agencies and private
sector companies around the world. The Company offers a full range of
program management; planning, design and engineering; systems
engineering and technical assistance; construction and construction
management; operations and maintenance; and decommissioning and closure
services. URS provides services for power, infrastructure, industrial
and commercial, and federal projects and programs. Headquartered in San
Francisco, the Company operates through three divisions: the URS
Division, the EG&G Division and the Washington Division. URS Corporation
has more than 47,000 employees in a network of offices in more than 30
countries (www.urscorp.com).
Statements contained in this press release that are not historical
facts may constitute forward-looking statements, including statements
relating to the Company's business outlook as well as other future
business, economic and industry trends. The Company believes that its
expectations are reasonable and are based on reasonable assumptions. However,
such forward-looking statements by their nature involve risks and
uncertainties.