Aqua Wastewater Management and Smithfield Beef Group Partner on Grease Services

May 19, 2008

BRYN MAWR, Pa., May 19, 2008 (BUSINESS WIRE) -- Aqua Wastewater Management, Inc. announced today that it has signed an agreement with Mopac of Souderton, Montgomery County, Pennsylvania, a division of Smithfield Beef Group, that will allow both companies to provide specific grease-removal services to customers.

"This is a unique agreement that allows Aqua and Mopac to grow our operations in specific areas of the grease removal business by concentrating our resources on our predominant services," explained Aqua Wastewater Management president Anthony J. Donatoni. Aqua Wastewater Management specializes in grease trap work, and Mopac specializes in fryer grease pickup work. Under the agreement, both companies will cooperatively offer these combined services to their respective customers.

"We're very excited about this partnership and the anticipated customer growth that can come with it," said Donatoni. "Prior to the agreement, we provided both grease-trap pumping services and fryer grease to more than 1,000 clients. The agreement with Mopac will allow us to continue to offer fryer grease services using Mopac, while focusing on our core service in the grease market -- grease-trap pump-outs, repairs and jetting services."

Aqua Wastewater Management is a non-regulated commercial and residential wastewater services subsidiary of Aqua America, Inc. (NYSE:WTR) -- a large, U.S.-based publicly-traded water and wastewater utility serving approximately three million people in Pennsylvania, Ohio, North Carolina, Illinois, Texas, New Jersey, New York, Indiana, Florida, Virginia, Maine, Missouri and South Carolina. Aqua America is listed on the New York and Philadelphia Stock Exchanges under the ticker symbol WTR. Mopac is a division of Smithfield Beef Group of Souderton, Pennsylvania and has been in business for over 125 years. Mopac uses state-of-the-art equipment that enables them to service a variety of containers along with automated scheduling to accommodate the individualized needs of customers.

This release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 that address, among other things, the effect of the agreement between the described businesses, possible benefits from the agreement, and the expected timing of the possible benefits. There are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements including: the risk that the operations will not be successfully integrated; the costs related to the transaction; the risk that anticipated benefits will not be obtained or will not be obtained within the time anticipated; and other key factors that we have indicated could adversely affect our business and financial performance contained in our past and future filings and reports, including those filed with the Securities and Exchange Commission. Aqua Wastewater Management and Aqua America are not under any obligation--and expressly disclaim any such obligation--to update or alter their forward-looking statements whether as a result of new information, future events, or otherwise.

WTRF

SOURCE: Aqua Wastewater Management, Inc.

Aqua Wastewater Management, Inc.
Gretchen Toner, 610-645-1175
gmtoner@aquaamerica.com

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