My understanding is no, it would act like a cheap tire pump by itself, turn it on and you get some pressure to fill up tires, not a lot but enough to do the job without having to carry extra tools. If you add a tank then yes you would need something to bleed off pressure before the tank blows.WTF? Didn't even know that was possible!!
I assume you need some sort of regulator and waste gate to bleed off any excess pressure?