Furmanite's Latest Innovation Eliminates Critical Joint Failure at Plant Start-up; Warranted Service Delivers Significant Savings for Operators.

DALLAS -- Furmanite, a worldwide technical and engineering services company and a wholly owned subsidiary of Xanser Corporation (NYSE:XNR), announced the launch of an innovative service designed to prevent leaking upon plant start-up. The Pressurized Systems Integrity (PSI) Management service helps plant operators in oil and gas production and refining, petrochemical, power, mining and all process industries achieve significant savings by eliminating critical joint failure on pressurized systems. This warranted service may be used as part of an ongoing maintenance program or incorporated into new construction.

"For 75 years, Furmanite's leak management solutions have helped our customers maximize their asset uptime and increase profitability. We are successfully building on this expertise with the development of the PSI Management service," said Jeff Chick, president of Furmanite. "This service is a key element in our strategy to offer higher level, bundled services to our clients, emphasizing our engineering skills and flawless field execution."

Furmanite's PSI Management service helps customers directly -- by driving down lost-time costs and helping to assure compliance with safety and environmental requirements. And by achieving a leak-free start-up, the customer enjoys further savings, including reduced equipment and testing costs, reduced need for re-work and earlier demobilization of labor.

"Effective maintenance programs should ensure leak-free joints, but too often planned maintenance shutdowns are followed by leaking joints on start-up," Mr. Chick said. "In the offshore oil and gas industry for instance, figures (from the UK Offshore Operators Association, UKOOA) indicate that 25 percent of critical joints leak on start-up. Statistics from the Pressure Vessel Research Council indicate that 3% of flange leaks that occur in the onshore process industries account for nearly half of the costs incurred by operators, and the most common time for those events to occur is at start-up. Our PSI Management service addresses all the leading causes of these leaks, including upfront engineering, gasket selection and installation, as well as controlled bolting and flange assembly."

Furmanite's PSI Management service addresses all factors known to cause leaks and managing every stage of testing and repair. The PSI Management team of experts work in advance of a scheduled maintenance shutdown or before a new plant comes online. They perform risk assessment and engineering analysis, documenting all relevant data for each critical joint and creating a detailed history. This comprehensive, easily-accessed record is maintained through Furmanite's innovative software -- a key feature of the PSI Management service. Developed for and exclusive to Furmanite, the software is made available to Furmanite's customers so that they need not incur additional costs for software purchase. The software offers real-time reporting, including all relevant mechanical and work data, and is accessible to the Furmanite site manager and the customer.

About Furmanite

Furmanite's business is the protection and management of its customers' critical assets, and the company's technical and technological capabilities help to assure that customers' critical assets are on line and performing for maximum profit. 2004 marked 75 years of Furmanite serving industry worldwide. Today, Furmanite is recognized as 'the' worldwide expert in the field of on-site and on-line plant and pipeline maintenance. Furmanite's single mission and business goal is to maximize asset uptime for customers. Specifically, everything Furmanite does directly relates to keeping an asset on-line, productive and profitable; be it a pipeline, a plant, or personnel. Furmanite ensures asset productivity and profitability for a variety of industries -- chemical and petrochemical, oil and gas, power generation, pulp and paper, pharmaceutical, and national defense. This commitment to excellence, coupled with Furmanite's broad array of services and proprietary technology, is a critical component to the operation and financial success of some of the world's largest process manufacturers and energy producers and suppliers including Shell, ExxonMobil, Sun Oil, Dominion, Exelon, Cinergy, Entergy and Reliant. Furmanite has more than 40 offices on five continents. Its website is www.furmanite.com. Furmanite is a wholly owned subsidiary of Xanser Corporation (NYSE:XNR).

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 have affected, and could in the future 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.