MISTRAS Group Awarded Multiyear Inspection Services Contract by PSEG Nuclear LLC


PRINCETON JUNCTION, N.J., Jan. 13, 2015 (GLOBE NEWSWIRE) -- MISTRAS Group, Inc. (NYSE:MG), through its Power Generation Group, is pleased to announce that it has signed a five year contract with PSEG Nuclear (NYSE:PEG) to provide Nondestructive Examination (NDE) inspection services in support of both refueling outages and on-line activities to be performed at PSEG Nuclear's Salem and Hope Creek Nuclear Generating Stations, located in Lower Alloways Creek, New Jersey.

The traditional and advanced NDE Services will include, but are not limited to, radiographic testing (RT), ultrasonic testing (UT, including ultrasonic thickness UTT), magnetic particle testing (MT), visual inspection (VT), liquid penetrant (PT), and others.

PSEG is a publically traded energy company with multiple subsidiaries. PSEG Nuclear LLC operates the Salem and Hope Creek Nuclear Generating Stations and oversees PSEG Power's ownership interest in the Peach Bottom Atomic Power Station in Delta PA. PSEG Power owns 100% of Hope Creek, 57% of Salem, and 50% of Peach Bottom.

About MISTRAS Group:

MISTRAS is a leading "one source" global provider of technology-enabled asset protection solutions used to evaluate the structural integrity of critical energy, industrial and public infrastructure. Mission critical services and solutions are delivered globally and provide customers the ability to extend the useful life of their assets, improve productivity & profitability, comply with government safety and environmental regulations and enhance risk management operational decisions.

MISTRAS uniquely combines its industry leading products and technologies -24/7 on-line monitoring of critical assets; mechanical integrity (MI) and non-destructive testing (NDT) services; and its proprietary world class data warehousing & analysis software- to provide comprehensive and competitive products, systems and services solutions from a single source provider.

For more information, please visit the company's website at mistrasgroup.com or contact Nestor S. Makarigakis, Group Director, Marketing and Communications at marcom@mistrasgroup.com or +1(609)716-4000.