Brand Energy and Infrastructure Services Acquires Industrial Specialists, L.L.C. and Protherm Services Group

October 23, 2007

KENNESAW, Ga., Oct. 22 /PRNewswire/ -- Brand Energy and Infrastructure Services today announced that it has entered into definitive agreements to acquire Industrial Specialists, L.L.C. ("ISI") and Protherm Services Group, LLC ("Protherm"). Both ISI and Protherm are leading providers of specialty craft services in the U.S. Gulf Coast region. The companies serve major oil refiners, chemical manufacturers and large engineering and construction firms. The acquisitions further strengthen Brand's position as the leading integrated specialty services provider on the Gulf Coast. Subject to receipt of regulatory approvals, Brand expects to complete these acquisitions in the fourth quarter of 2007. "The Gulf Coast region is a rapidly expanding industrial market with a growing need for a specialty services provider that can deliver an integrated, single-source solution. We are delighted to be purchasing best-in-class businesses that provide Brand with the opportunity to significantly expand our presence in the robust Gulf Coast refining and petrochemicals markets. These acquisitions will allow Brand to better meet our customers' needs with more locations, an expanded portfolio of service offerings and a larger labor pool," said Paul Wood, President and CEO Brand Energy and Infrastructure Services. "We are excited to welcome the ISI and Protherm employees to Brand and are committed to combining the best of the three companies to continue to build upon our heritage of providing world-class solutions to our customers." About Brand Energy and Infrastructure Services Brand Energy and Infrastructure Services is a diversified provider of specialty services to North America's energy markets. Its extensive portfolio of service offerings includes scaffolding, industrial coatings, insulation, refractory, forming and shoring solutions, and other related soft crafts. Brand operates in five key energy sectors: refinery, petrochemical, oil sands, power generation and offshore oil and gas. The company also serves the commercial and infrastructure construction markets throughout North America and in strategic international regions.

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