The question has been closed for the following reason "The question is answered, right answer was accepted" by jhagedon Jul 25 '10 at 09:17
The team provisioning profile is your apple developer's account (the one you paid $99 I think).
From Apple Developer site
That is an Apple thing, it means you've installed a provision profile on that device, possibly to run a beta or an in-development app someone gave you. You can normally find this in the Settings app -> General -> Profile.
Provision profiles provide a codesign value that's needed to run the apps containing it's app key. They have an expired date that you'll see if you check it in the Settings app.
answered Jul 22 '10 at 05:32