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Team, Inc. Announces Commercialization Of New SmartStop™ Isolation Technology

SUGAR LAND, Texas, August 3, 2021 / PRNewswire / – Team, Inc. (“TEAM”) (NYSE: TISI), a leading global provider of integrated, digitally-assisted solutions for safeguarding and optimizing plant performance, today announced the commercial launch of its proprietary dual-block and venting SmartStop. famous Isolation technology.

“We are pleased to announce that after extensive internal testing and several successful field tests, we have commercialized our new, patent-pending SmartStop insulation technology,” said Chad Murray, TEAMs President of Mechanical and Onstream Services Group. “TEAM has a long track record of delivering integrated solutions for our end markets that drive safety, reliability and productivity improvements for our customers’ assets. This new integrated solution offering combines our engineering and manufacturing capabilities and offers material traceability and quality assurance. TEAM’s research and development group has spent several years developing and testing a new double block and tap insulation technology that increases insulation integrity and overall safety. This new technology reduces the overall project implementation times and thus the overall costs of our customers, which further strengthens our competitiveness. Advantages in the tapping industry. “

SmartStop insulation technology

TEAM’s new SmartStop technology takes safety and productivity standards for tapping and line intervention applications to a new level. The proprietary technology features a self-reinforcing, dual sealing system in a single standard line stop fitting, reducing the number of pipe changes required to safely perform double block and vent isolation. In addition, the patent-pending system uses an innovative guide rail with fewer moving parts and minimal degrees of freedom, which enables more reliable insertion and withdrawal of the insulating head. These innovations eliminate the need for complicated hydraulics or pivot points that are considered failure mechanisms for competitive tools. Overall, SmartStop outperforms competing line stop technologies in terms of safety, reliability and critical asset protection.

As part of the product launch, TEAM began introducing this new technology to customers and various regions of the United States. To learn more about this new proprietary isolation technology or to speak to a subject matter expert, email your contact information at [email protected] or visit our website at www.teaminc.com.

About Team, Inc.

Headquarters in Sugar Land, Texas, Team, Inc. (NYSE: TISI) is a leading global provider of integrated, digitally supported solutions for safeguarding and optimizing system performance. We employ conventional to highly specialized inspection, condition assessment, maintenance and repair services that lead to greater safety, reliability and operational efficiency for our customers’ most important assets. At locations in more than 20 countries, we combine the delivery of technological innovations with over a century of advanced but proven expertise in integrity and reliability management to drive a better future. For more information, please visit www.teaminc.com.

Contact:
Kevin Smith
Senior Director, Investor Relations
(281) 388-5551

SOURCE Team, Inc.

related links

https://www.teaminc.com

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