EXHIBIT 99.1

Team, Inc. Reports First Quarter 2014 Results; Reduces FY2014 Guidance; Board Authorizes Initial $25 Million Stock Repurchase Program

SUGAR LAND, Texas, Oct. 1, 2013 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) today announced financial results for the fiscal year 2014 first quarter ended August 31, 2013. Team reported net income available to shareholders, adjusted for non-routine severance costs, of $5.0 million ($0.23 per diluted share), versus net income available to shareholders of $7.6 million ($0.36 per diluted share) for the prior year first quarter. Revenues for the current year quarter were $174 million, an 8% increase compared to revenues of $161 million for the prior year quarter.

Team has also revised its full fiscal year 2014 earnings guidance to a lower range of $1.55 to $1.85 per share. The revised revenue guidance for the year is now $765 million to $790 million.

Key Points

• Quest Integrity Group's ("Quest") seasonally weak first quarter performance was the primary driver of Team's lower earnings in the quarter:
  -- Quest's operating profit was $3.7 million less than the prior year quarter, impacting earnings by approximately $0.11 per share.
  -- Quest's performance reflects some material project delays into the upcoming quarters plus expanded spending rates to support future business growth
• Quest's full fiscal year 2014 prospects remain very attractive with expected growth in revenue and profit to be in line with its historical performance.
• Inspection & Heat Treating and Mechanical Services combined business segment revenues grew approximately 10% in the quarter, while combined operating profits in these business segments declined slightly due to lower gross margins.
• Near-term pressures on margins are the primary reason for our lowered earnings guidance for the year.
• We are announcing a stock repurchase program effective immediately with an initial authorization of $25 million.

"We remain confident of our long-term growth and performance potential in spite of the near-term margin head-winds and the slow start for Quest. The initial $25 million stock repurchase program approved by our Board of Directors reflects this confidence," said Phil Hawk, Team's Chairman and Chief Executive Officer.

Authorization for Stock Repurchase Plan

Team's Board of Directors has authorized the repurchase, in open market transactions, of up to an initial $25 million of Team common stock effective immediately. Based upon the current market share price, the stock repurchase plan represents approximately 3% of Team's issued and outstanding shares.

GAAP Earnings

The adjusted net income available to shareholders for the current year quarter excludes $0.7 million in pre-tax, non-routine severance costs associated with the business unit realignment previously announced. Including these costs, net income available to shareholders in accordance with generally accepted accounting principles was $4.5 million, or $0.21 per diluted share. A reconciliation of net income available to shareholders, reported in accordance with generally accepted accounting principles, to adjusted net income available to shareholders is contained in the tables below.

Earnings Conference Call

In connection with this earnings release, Team will hold its quarterly conference call on Wednesday, October 2, 2013 at 8:00 a.m. Central Time (9:00 a.m. Eastern). The call will be broadcast over the Web and can be accessed on Team's Website, www.teamindustrialservices.com. Individuals wishing to participate in the conference call by phone may call 877-415-3181 and use conference code 36931088 when prompted.

About Team, Inc.

Headquartered near Houston, Texas, Team Inc. is a leading provider of specialty industrial services, including inspection and assessment, required in maintaining and installing high-temperature and high-pressure piping systems and vessels that are utilized extensively in the refining, petrochemical, power, pipeline and other heavy industries. Team offers these services in over 125 locations throughout the world. Team's common stock is traded on the New York Stock Exchange under the ticker symbol "TISI".

Certain forward-looking information contained herein is being provided in accordance with the provisions of the Private Securities Litigation Reform Act of 1995. We have made reasonable efforts to ensure that the information, assumptions and beliefs upon which this forward-looking information is based are current, reasonable and complete. Such forward-looking statements involve estimates, assumptions, judgments and uncertainties. There are known and unknown factors that could cause actual results or outcomes to differ materially from those addressed in the forward-looking information. Such known factors are detailed in the Company's Annual Report on Form 10-K and in the Company's Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission, and in other reports filed by the Company with the Securities and Exchange Commission from time to time. Accordingly, there can be no assurance that the forward-looking information contained herein will occur or that objectives will be achieved.  We assume no obligation to publicly update or revise any forward-looking statements made today or any other forward-looking statements made by the company, whether as a result of new information, future events or otherwise.

CONTACT: Ted W. Owen
         (281) 331-6154