JFNew Signs Letter of Intent to Merge with Cardno Limited

WALKERTON, Ind., Dec. 13, 2010 /PRNewswire/ — JFNew, a Midwest leader in
ecological consulting, ecosystem restoration, and native plant nursery
operations, has signed an agreement to merge with Cardno Limited, a family of
companies whose integrated professional services are used to plan, design,
manage, and deliver physical and social infrastructure solutions in developed
and emerging economies around the world.

Once the agreement is finalized, JFNew will become an integral contributor to
Cardno ENTRIX, a leading natural resources management and environmental
consultancy. Additionally, JFNew will gain access to the Australian-based
parent’s comprehensive global network of 3,800 employees, corporate resources,
and diverse solutions portfolio. In return, JFNew brings to the broader
organization a much stronger Midwestern presence, particularly in the strategic
Great Lakes Region; a multitude of complementary consulting capabilities; as
well as one of the leading native plant nurseries in the United States.

Will Ditzler, JFNew President and CEO, said, “Joining the Cardno ENTRIX team is
an important step in the next chapter of growth for our company and an exciting
opportunity.”

“Our goal in deciding to merge with Cardno ENTRIX and the Cardno family was
threefold: to offer clients expanded services, increase our geographic reach,
and create new gateways of opportunity for our talented staff. I am optimistic
about the merger and realizing the full potential this combination offers,” he
added.

Founded more than 25 years ago, Cardno ENTRIX has become a recognized leader in
natural resources management, water resources management, permitting and
compliance, and environmental and natural resource liability management. Among
its broad suite of offerings, the firm is highly regarded for its environmental
and economic assessments and the associated restoration, rehabilitation and
monitoring of impacted sites.

Todd Williams, Cardno ENTRIX President, stated, “We consider JFNew to be an
exceptional natural resource management consulting firm based upon their
longstanding reputation and client service excellence.”

“Combining forces will strengthen our presence in the Great Lakes Region and
across major river basins throughout the Central U.S. In addition, JFNew
complements our existing consulting strength with industry leading capabilities
in natural resource restoration, environmental permitting, and water resources
management, all key areas of emerging growth across the U.S. Moreover, we hold
their senior management capabilities and experience in high regard, and are
pleased to have them as part of our team,” Mr. Williams added.

The transaction is expected to close by the end of the year.

For further information, please
contact:

Will Ditzler Todd Williams
President and CEO President
JFNew Cardno ENTRIX
574 586 3400 847 277 2850
wditzler@jfnew.com todd.williams@cardno.com

About JFNew:

Founded in 1989 in the Great Lakes Region to help clients navigate natural
resource regulations and work in partnership with federal and state regulatory
agencies to obtain wetland permits, today JFNew is a 150-person consulting firm
with particular niches in natural resources management, environmental
permitting, habitat restoration, mitigation banking, native plant materials, and
cultural resources consulting. In addition to its corporate headquarters and
130-acre native plant nursery in northern Indiana, JFNew has regional offices in
Illinois, Indiana, Ohio, Michigan, and Wisconsin. www.jfnew.com

About Cardno ENTRIX and Cardno Limited:

Cardno ENTRIX is an environmental and natural resource management consultancy
specializing in water resources management, natural resources management,
permitting and compliance, and liability management. The firm also employs a
strong team of economists and litigation support experts. Cardno ENTRIX is a
member of Australian-based Cardno Limited, a family of companies whose
integrated professional services are used to plan, design, manage and deliver
physical and social infrastructure solutions in developed and emerging economies
around the world. Cardno Limited is listed on the Australian Securities Exchange
(ASX: CDD) and its global network encompasses over 150 offices worldwide and a
combined resource base of more than 3,800 employees. www.cardnoentrix.com,
www.cardno.com

SOURCE JFNew