USIS CEO Purchases Additional Shares From Majority Investor

Apr 24, 2001, 01:00 ET from US Industrial Services, Inc.

    HOUSTON, April 24 /PRNewswire Interactive News Release/ -- US Industrial
 Services, Inc. (OTC Bulletin Board:   USIS) announced the sale by Deere Park
 Capital, L.L.C., a Chicago-based private investment firm, of 3,337,929 shares
 of the Company's common stock to Frank J. Fradella, the Company's President
 and Chief Executive Officer.  As a result of the transaction, Deere Park
 Capital owns less than 5% of the outstanding common stock of the Company.  Of
 these shares, Mr. Fradella purchased 1,837,929 shares in his capacity as
 third-party nominee for certain individuals with whom he had a pre-existing
 relationship, and he transferred 1,000,000 shares to an additional individual
 in consideration for consulting services provided to Mr. Fradella in
 connection with negotiating the purchase of stock from Deere Park and other
 transactions.  Mr. Fradella has no voting or other arrangements with respect
 to these shares.  Including previous purchases, Mr. Fradella currently is the
 beneficial owner of 2,002,651 shares, or approximately 22.9%, of the
 outstanding common stock of the Company.
     Commenting on the transaction, Mr. Fradella stated, "As indicated by this
 additional investment, I strongly believe that USIS' strategy of acquiring
 companies in the fixed and wireless communications infrastructure sector
 represents a substantial value to shareholders.  We look forward to building a
 Company that will have a dominant effect on this very promising industry."
     US Industrial Services has exited the environmental services sector
 through the sale of all of its subsidiaries engaged in such business and has
 announced that the Company will begin reporting a fiscal year end of December,
 departing from its prior September fiscal year end.  Furthermore, as
 previously announced, the Company continues to pursue the acquisition of
 Apache Telecom, LP, Stratacom Engineers & Constructors, and Strata Design
 Services, all providers of wireless infrastructure services.
     Statements included in this update that are not historical in nature are
 intended to be, and are hereby identified as, "forward-looking statements" for
 purposes of the safe harbor provided by Section 21E of the Securities Exchange
 Act of 1934, as amended by Public Law 104-67.  Forward-looking statements may
 be identified by words including "anticipate," "believe," "intends,"
 "estimates," "expect," and similar expressions.  The Company cautions readers
 that forward-looking statements including, without limitation, those relating
 to the Company's future business prospects are subject to certain risks and
 uncertainties that could cause actual results to differ materially from those
 indicated in the forward-looking statements, due to factors such as those
 relating to economic, governmental, technological, and other risks and factors
 identified from time to time in the Company's reports filed with the SEC.
 
      Contact: Investor Relations
      Mr. Andrew White
      214-561-0815
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X37209622
 
 

SOURCE US Industrial Services, Inc.
    HOUSTON, April 24 /PRNewswire Interactive News Release/ -- US Industrial
 Services, Inc. (OTC Bulletin Board:   USIS) announced the sale by Deere Park
 Capital, L.L.C., a Chicago-based private investment firm, of 3,337,929 shares
 of the Company's common stock to Frank J. Fradella, the Company's President
 and Chief Executive Officer.  As a result of the transaction, Deere Park
 Capital owns less than 5% of the outstanding common stock of the Company.  Of
 these shares, Mr. Fradella purchased 1,837,929 shares in his capacity as
 third-party nominee for certain individuals with whom he had a pre-existing
 relationship, and he transferred 1,000,000 shares to an additional individual
 in consideration for consulting services provided to Mr. Fradella in
 connection with negotiating the purchase of stock from Deere Park and other
 transactions.  Mr. Fradella has no voting or other arrangements with respect
 to these shares.  Including previous purchases, Mr. Fradella currently is the
 beneficial owner of 2,002,651 shares, or approximately 22.9%, of the
 outstanding common stock of the Company.
     Commenting on the transaction, Mr. Fradella stated, "As indicated by this
 additional investment, I strongly believe that USIS' strategy of acquiring
 companies in the fixed and wireless communications infrastructure sector
 represents a substantial value to shareholders.  We look forward to building a
 Company that will have a dominant effect on this very promising industry."
     US Industrial Services has exited the environmental services sector
 through the sale of all of its subsidiaries engaged in such business and has
 announced that the Company will begin reporting a fiscal year end of December,
 departing from its prior September fiscal year end.  Furthermore, as
 previously announced, the Company continues to pursue the acquisition of
 Apache Telecom, LP, Stratacom Engineers & Constructors, and Strata Design
 Services, all providers of wireless infrastructure services.
     Statements included in this update that are not historical in nature are
 intended to be, and are hereby identified as, "forward-looking statements" for
 purposes of the safe harbor provided by Section 21E of the Securities Exchange
 Act of 1934, as amended by Public Law 104-67.  Forward-looking statements may
 be identified by words including "anticipate," "believe," "intends,"
 "estimates," "expect," and similar expressions.  The Company cautions readers
 that forward-looking statements including, without limitation, those relating
 to the Company's future business prospects are subject to certain risks and
 uncertainties that could cause actual results to differ materially from those
 indicated in the forward-looking statements, due to factors such as those
 relating to economic, governmental, technological, and other risks and factors
 identified from time to time in the Company's reports filed with the SEC.
 
      Contact: Investor Relations
      Mr. Andrew White
      214-561-0815
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X37209622
 
 SOURCE  US Industrial Services, Inc.