Exhibit 99.1


            Team, Inc. Announces Move to NASDAQ Global Select Market


     ALVIN, Texas--(BUSINESS WIRE)--Dec. 14, 2006--Team, Inc., (AMEX:TMI), a
leading provider of specialty industrial services, announced today that its
application for listing of its common stock on the NASDAQ Global Select Market
("NASDAQ") has been approved. The Company expects to begin trading on the NASDAQ
under the symbol "TISI" on or about December 28, 2006. The Company's common
stock will continue trading on the American Stock Exchange under the symbol
"TMI" until the move is complete.

     Philip J. Hawk, Chairman and CEO of Team, said, "We are proud to be moving
to the NASDAQ Global Select Market, created for companies that meet the most
stringent financial listing requirements. This is an exciting and significant
event in the life of our Company. NASDAQ attracts growth companies from across
all industry sectors, and we look forward to being a part of this exciting
market. We are also delighted to be trading under the symbol 'TISI' which is the
acronym of our operating company, Team Industrial Services, Inc."

     About Team, Inc.

     Headquartered in Alvin, Texas, Team, Inc. is a leading provider of
specialty and construction services required in maintaining high temperature,
high pressure piping systems and vessels utilized extensively in the refining,
petrochemical, power, pipeline, and other heavy industries. Team's inspection
services also serve a broader customer base that includes the aerospace and
automotive industries. Team offers these services in over 70 customer service
locations throughout the United States Canada, Aruba, Singapore Trinidad and
Venezuela. The Company licenses its proprietary techniques and materials to
various companies outside the United States and receives royalties based upon
revenues earned by its licensees. Team, Inc. common stock is traded on the
American Stock Exchange under the ticker symbol "TMI".

     Certain forward-looking information contained herein is being provided in
accordance with the provisions of the Private Securities Litigation Reform Act.
Such information is subject to certain assumptions and beliefs based on current
information known to the Company and is subject to factors that could result in
actual results differing materially from those anticipated in the
forward-looking statements contained herein. Such factors include domestic and
international economic activity, interest rates, and market conditions for the
Company's customers, regulatory changes and legal proceedings, and the Company's
successful implementation of its internal operating plans. Accordingly, there
can be no assurance that the forward-looking statements contained herein will
occur or that objectives will be achieved.


    CONTACT: Team, Inc., Alvin
             Ted W. Owen, 281-331-6154