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                                                                      EXHIBIT 99



FOR IMMEDIATE RELEASE

TEAM ANNOUNCES CLOSING OF NEW $24 MILLION CREDIT FACILITY AND COMPLETION OF
CLIMAX ACQUISITION

ALVIN, TEXAS, SEPTEMBER 1, 1998: Team, Inc. (Amex: TMI) announced today that, on
August 26, 1998, it closed a $24 million credit facility with NationsBank, N.A.
in Houston.  The new facility is comprised of a $12.5 million revolving loan,
$9.5 million in term loans for business acquisitions and a $2 million mortgage
loan to refinance existing real estate indebtedness.  Interest rates under the
new facility are adjustable depending upon the Company's cash flow, and are
generally more favorable than under the previously existing $10 million
revolving credit facility with another financial institution, which the Company
terminated.

Additionally, on August 28, 1998, the Company completed the previously announced
acquisition of Climax Portable Machine Tools, Inc. located in Newberg, Oregon.
Climax is a leading designer-manufacturer of portable, metal cutting machine
tools used for on-site industrial maintenance.  Consideration paid was $7.2
million, consisting of $6.4 million in cash and the issuance of 200,000 shares
of the Company's common stock.  Climax had revenues of $11.3 million for its
latest fiscal year ended December 31, 1997.

Commenting on the announcements, Ted W. Owen, Team's Chief Financial Officer,
said, "We are pleased to renew a relationship with NationsBank.  The new credit
facility significantly improves our ability to pursue strategic objectives,
while at the same time reducing our cost of borrowed funds.  The closing of this
new credit facility provided the resources necessary to complete the Climax
acquisition and allowed us to refinance $3.1 million of previously existing
Climax indebtedness at more favorable rates.  We believe that the Climax
acquisition strengthens our opportunities by enabling us to offer Climax's
product lines at our 40 existing domestic customer service locations, our
foreign branches and our foreign licensees.  We are excited about adding
synergies through the field machining capabilities that Climax brings to our
business and about the potential to grow that business through the leverage
provided by the NationsBank facility."

Team is professional full-service provider of specialized industrial services.
Headquartered in Alvin, Texas, the Company has 40 customer service locations in
23 states and three international subsidiaries in England, Trinidad, and
Singapore.  The Company also serves the international market through licensed
arrangements in 14 countries.  Team, Inc. common stock is traded on the American
Stock Exchange under the ticker symbol "TMI".  For additional information,
contact William A. Ryan or Ted W. Owen at 281-331-6154.