Mistras Group (MG) Sidoti September Small-Cap Virtual Conference summary

Company overview and leadership

• Specializes in non-destructive testing and asset protection, with a focus on safety and ESG enablement.

• Headquartered in Princeton, NJ, with a motivated senior leadership team and recent addition of a Chief Transformation Officer.

• Operates mainly in North America and Western Europe, serving industries like oil & gas, infrastructure, aerospace, and power generation.

Technology, services, and innovation

• Utilizes advanced techniques and proprietary devices, such as robotic crawlers and pipeline inspection gauges, to automate and enhance asset inspections.

• Offers both field and lab services, with lab work focused on aerospace and defense, streamlining supply chains and expanding capabilities.

• Technicians are highly trained, certified in multiple disciplines, and play a critical role in data collection and customer engagement.

Data solutions and software

• PCMS (Plant Condition Management Software) is central to the data offering, enabling risk-based inspection and asset management.

• Data-driven insights allow for predictive maintenance, reducing unnecessary testing and focusing on high-risk assets.

• PCMS has evolved into a SaaS and mobile application, improving ease of use and integration with customer systems.