Furmanite Acquires ENGlobal’s Gulf Coast Operations

  Furmanite Acquires ENGlobal’s Gulf Coast Operations

Business Wire

HOUSTON -- September 3, 2013

Furmanite Corporation (NYSE: FRM) today announced that it has completed the
acquisition of certain professional service assets of ENGlobal Corporation’s
(NASDAQ: ENG) Gulf Coast Operations. The completion of the transaction follows
Furmanite’s July16^th announcement that it had entered into an agreement to
acquire certain assets of the business.

In conjunction with the closing of the transaction, approximately 900
full-time professionals have transitioned to Furmanite Technical Solutions
(“FTS”), a newly created division of Furmanite America, Inc. Operating as a
“sister organization” within Furmanite, FTS, through their existing
leadership, will continue to provide project planning, professional
engineering, downstream non-destructive testing and inspection, construction
management, mechanical integrity, field support, quality assurance and plant
asset management services to refining and petrochemical operators as well as
maintenance and Engineering and Construction contractors serving the
downstream and midstream oil and gas markets.

“Today our Furmanite family became larger and more diversified; as did the
expanded capabilities we now have to service our growing customer base,” said
Charles R. Cox, Chairman and CEO of Furmanite. “We welcome all of our new
colleagues and are very excited about the special talents that they bring to
Furmanite and all of our combined clients.”


Furmanite Corporation (NYSE: FRM), founded in 1920, is one of the world’s
largest specialty industrial services companies, providing world class
solutions to customer needs through more than 75 offices on six continents.
The Company delivers a wide portfolio of inspection, mechanical and
engineering services which help monitor, maintain, renew and construct the
global energy, industrial and municipal infrastructures. Furmanite serves a
broad range of industry sectors, including refining, offshore, sub-sea,
pipeline, power generation, chemical, petrochemical, pulp and paper, water
utilities, automotive, mining, marine and steel manufacturing. World
Headquarters and Global Support Operations are located in Houston, Texas;
Rotterdam, Netherlands; Kendal, United Kingdom and Melbourne, Australia. For
more information, visit www.furmanite.com

Certain of the Company’s statements in this press release are not purely
historical, and as such are “forward-looking statements” within the meaning of
the Private Securities Litigation Reform Act of 1995. These include statements
regarding management’s intentions, plans, beliefs, expectations or projections
of the future. Forward-looking statements involve risks and uncertainties,
including without limitation, the various risks inherent in the Company’s
business, and other risks and uncertainties detailed from time to time in the
Company’s periodic reports filed with the Securities and Exchange Commission.
One or more of these factors could affect the Company’s business and financial
results in future periods, and could cause actual results to differ materially
from plans and projections. There can be no assurance that the forward-looking
statements made in this document will prove to be accurate, and issuance of
such forward-looking statements should not be regarded as a representation by
the Company, or any other person, that the objectives and plans of the Company
will be achieved. All forward-looking statements made in this press release
are based on information presently available to management, and the Company
assumes no obligation to update any forward-looking statements.


Furmanite Corporation
Investor Relations, 713-634-7775
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