XNR Xanser Corp

Xanser Corporation (NYSE:XNR) today announced that it has granted Xanser stock options in connection with the initial employment of two new executives of its subsidiary, Furmanite America, Inc. Matthew S. Sisson, Vice President Southern Division and Jay D. Goodyear, Vice President Northern Division were granted options to purchase 35,000 shares each of Xanser Corporation common stock. The above option grants are at 100% of the closing market price of $4.43 on the effective date of the grant, April 3, 2006. The stock options will become exercisable in 20% increments annually commencing April 3, 2007 and will expire on July 2, 2011, unless earlier 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 50 offices on five continents. For more information, visit www.xanser.com.