Mistras and E2G Form Strategic Alliance to Deliver Next Generation Plant Management Solutions

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CLEVELAND, OH – February 1, 2016 – Industry and technology leaders, MISTRAS Group, Inc. (NYSE: MG) and The Equity Engineering Group, Inc. (E2G), announced today the formation of a multi-faceted alliance to enable interoperability across software platforms, services, and support collaborative development efforts for powerful new client-centric solutions.


The collaboration draws upon the combined strengths of each organization – the breadth of MISTRAS’ asset protection and inspection portfolio fused with the depth of E2G’s engineering consulting services – to provide clients with a world-class, one-stop resource to manage the full lifecycle of their infrastructure.


“Both E2G and MISTRAS appreciate each other’s strengths and recognize the value of offering joint solutions to the global market that would be unparalleled,” David Osage, P.E., President & CEO of E²G|The Equity Engineering Group.


Interoperability of engineering and inspection resources has become a topic of recent interest, as many energy and chemical companies consider it a means to streamline their operational efficiency. The joint interoperability solutions provided by the MISTRAS and E2G alliance intends to deliver on those interests and help clients advance and accelerate their plant management initiatives.


“As two companies who share a similar vision, our synergy and combined resources enable us to develop game-changing solutions,” said Dennis Bertolotti, Group Executive Vice President, Services Americas of MISTRAS Group.


About The Equity Engineering Group, Inc.

E²G|The Equity Engineering Group, Inc. is an employee-owned engineering firm whose focus is on providing specialized engineering consulting services for new and aging infrastructure in the oil and gas industry. E²G’s goal is to develop and transfer technologies that help clients improve plant profitability by maximizing equipment availability, managing risk, and controlling fixed-equipment costs.


For more information, please visit the company’s website at http://www.equityeng.com or contact Dawn Marie Lecklikner, Vice President of Marketing by email at dmlecklikner@equityeng.com.


About MISTRAS Group, Inc.

MISTRAS is a leading “one source” global provider of technology-enabled asset protection solutions used to evaluate the structural integrity of critical energy, industrial and public infrastructure. Mission critical services and solutions are delivered globally and provide customers with asset life extension, improved productivity and profitability, compliance with government safety and environmental regulations, and enhanced risk management operational decisions.


MISTRAS uniquely combines its industry-leading products and technologies – 24/7 on-line monitoring of critical assets; mechanical integrity (MI) and non-destructive testing (NDT) services; destructive testing (DT) services; process and fixed asset engineering and consulting services; and its world class enterprise inspection data management and analysis software (PCMS™) to provide comprehensive and competitive products, systems and services solutions from a single source provider.


For more information, please visit the company’s website at http://www.mistrasgroup.com or contact Nestor S. Makarigakis, Group Director, Marketing Communications by email at marcom@mistrasgroup.com.