MISTRAS OneSuite™ Sees Early Gains in Customer Adoption as Software Development Continues | Your money

PRINCETON JUNCTION, NJ, May 25, 2022 (GLOBE NEWSWIRE) — MISTRAS OneSuite™, the first ever asset protection software ecosystem recently launched by MISTRAS Group, Inc. (NYSE: MG) — a leading multinational “source unique” of integrated technology-based asset protection solutions – continues to digitally transform asset protection, driven by early gains in customer adoption.

OneSuite™ has now been implemented for nearly 40 customers at over 100 unique customer sites, with over 800 individual subscriptions since its inception in January 2021. The ecosystem is expected to include over 85 software applications, helping users run their asset protection activities in one Platform.

To support the OneSuite™ vision, MISTRAS has also released a video showcasing the capabilities, features and benefits of the ecosystem. The video can be accessed at mistrasgroup.com/onesuite.

MISTRAS OneSuite™ Asset Protection Software Ecosystem

This OneSuite™ ecosystem of integrated software applications and services creates a centralized hub for refining, energy, infrastructure, manufacturing and process industry customers to access all their data integrity from multiple sources, while providing them with the ability to experience the breadth of MISTRAS software and insight into the data. OneSuite™ seeks to make health data as insightful, user-friendly, accessible and actionable as possible.

The platform combines data software and services from the portfolio of brands and member companies of the MISTRAS Group – including those of Plant Condition Management Software (PCMS®), MISTRAS Digital®, Onstream Pipeline Inspection, New Century Software, CALIPERAY ®, and more – all of which will be integrated and accessible through a single app library. The subscription-based, usage-based platform will allow customers to acquire software solutions on a stand-alone basis or as part of an enterprise application. Some of the software and service applications available through OneSuite™ include:

Risk-Based Inspection (RBI) Execution and report of mobile field inspection Online condition monitoring of assets (including bridges, transformers, piping, etc.) Corrosion and engineering calculations Economic intelligence of Enterprise/Fleet-Wide Pipeline Spatial Risk and Spill Impact Analysis Pipeline Alignment Sheet Generation

For more information on how OneSuite™ helps users see their data in a new dimension, watch the video and learn more at mistrasgroup.com/onesuite.

About MISTRAS Group, Inc. – A Single Source of Asset Protection Solutions®

MISTRAS Group, Inc. (NYSE: MG) is a leading multinational “single-source” provider of integrated, technology-enabled asset protection solutions, helping to maximize the safety and operational availability of industrial and civil assets the most critical of civilization.

Backed by an innovative data-driven asset protection portfolio, proprietary technologies, a strong commitment to environmental, social and governance (ESG) initiatives, and a legacy of decades of industry leadership, MISTRAS leads clients in the oil and gas, aerospace and defense, renewable and non-renewable energy, civil infrastructure and manufacturing industries to achieve operational and environmental excellence. By supporting those organizations that help power our vehicles and our society, by inspecting reliable components for commercial, defense and spacecraft; the construction of real-time monitoring equipment to enable safe movement on bridges; and helping to propel sustainability, MISTRAS helps the world as a whole.

MISTRAS improves value for its customers by integrating asset protection across supply chains and centralizing integrity data through a suite of industrial IoT-connected digital software and monitoring solutions. The company’s core capabilities also include non-destructive field and line inspections enhanced by advanced robotics, laboratory quality control and assurance testing, detection technologies and NDT equipment, engineering services asset and mechanical integrity services, as well as light mechanical maintenance and access services.

For more information on how MISTRAS helps protect civilization’s critical infrastructure and the environment, visit https://www.mistrasgroup.com/.

Contact:

Nestor S. Makarigakis Group Vice President, Marketing and Communications MISTRAS Group, Inc. [email protected] +1 (609) 716-4000

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Gordon K. Morehouse