Furmanite Corporation (NYSE: FRM) today announced that the company earned the Shell 2009 Contractor HSE Award – For Safety Excellence, presented by Shell Deer Park. Shell Deer Park, near Houston, Texas, is home to the sixth largest refinery in the United States, with a crude capacity of 340,000 barrels a day. This award recognizes Furmanite’s health, safety and environmental (HSE) performance, which is a hallmark of Furmanite’s service across the United States and around the world. Joseph E. Milliron, president and chief operating officer of Furmanite Corporation, said: “We are very pleased to receive this coveted award from Shell. This recognition underscores the fact that Furmanite is known worldwide for our outstanding HSE record. We know that our HSE performance is even more important and valued in the current environment, given the heightened concerns as a result of recent tragedies at domestic refineries and the offshore rig accident in the Gulf of Mexico.” Furmanite’s health, safety and environmental performance in the U.S. consistently exceeds OSHA standards. In the U.S., the mandated requirements for Furmanite to operate in its primary customer locations are an EMR (Experience Modification Rating) of 1.0 or less, and a TRIR (Total Recordable Incident Rate) of 2.0 or less. Furmanite performs well below the mandated levels, with an EMR of 0.55 and a TRIR of 0.49 Furmanite also measures HSE performance in each of its operations around the world, targeting the same standards as those achieved in the United States. In the United Kingdom, Furmanite’s HSE performance exceeds the mandated requirements of the Health and Safety Executive and Environment Agency. In Europe, Furmanite has long held the approved certification from Veiligheids Checklist Aannemers for the company’s HSE standards and performance. In Malaysia and Singapore, Furmanite is certified on the Safety Contractor Checklist, accredited by SGS International Certification Services for Quality Management of Safety. The International Safety Organization (ISO), a network of national standards institutes from 161 countries, has certified Furmanite as ISO 9001:2008 for its adherence to the highest quality standards.
Mr. Milliron concluded: “Here in the U.S. and around the world, our customers count on us to bring the proven skills and expertise that ensure our work is conducted to the highest standards. By making safety, health and environment our core values and commitment at every level of the company, we have achieved and maintained our record of outstanding HSE performance in every industry sector that we serve.”ABOUT FURMANITE CORPORATION Furmanite Corporation (NYSE: FRM) is a worldwide technical services firm. Headquartered in Dallas, Texas, Furmanite, one of the world’s largest specialty technical services companies, delivers a broad portfolio of engineering solutions that keep facilities operating, minimizing downtime and maximizing profitability. Furmanite’s diverse, global operations serve a broad array of industry sectors, including offshore drilling operations, pipelines, refineries and power generation facilities, chemical and petrochemical plants, steel mills, automotive manufacturers, pulp and paper mills, food and beverage processing plants, semi-conductor manufacturers and pharmaceutical manufacturers. Furmanite operates more than 75 offices on six continents. 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 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.