XNR Xanser Corp

In connection with their initial employment with Xanser Corporation, Michael L. Rose, President and Chief Operating Officer, and Max A. Elghandour, Vice President and Controller, were each granted options to purchase 200,000 and 50,000 shares of Xanser Corporation common stock, respectively. In addition, in connection with their initial employment by Xanser subsidiaries, Joseph E. Milliron, Chief Operating Officer of Furmanite Worldwide, and Ron Castleman, Senior Vice President of Xtria, were granted options to purchase 100,000 and 50,000 shares of Xanser Corporation common stock, respectively. All of the above option grants are at 100% of the closing market price of $3.14 on the effective date of the grant, October 6, 2005. The stock options become exercisable in 20% increments annually commencing September 1, 2006 and will expire on November 30, 2010 unless sooner due to separation from service of the Company. About Xanser Corporation Xanser Corporation (NYSE:XNR) provides technology-based and technical services worldwide. Headquartered in Dallas, Texas, Xanser's operations consist of an information technology services company, Xtria, and an international technical services firm, Furmanite. Xtria provides a portfolio of innovative technology solutions to the healthcare and government markets. Combining its deep market expertise with specialized technology, Xtria partners with its clients to set the standard for managing mission critical processes in information-intensive environments. Xtria has a legacy of enabling organizations to power their businesses, while mitigating the risks associated with change. 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 customer base includes 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 40 offices on five continents. For more information, visit www.xanser.com.