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GEOSPACE TECHNOLOGIES CORP Exhibit
EX-99.1 2 d663878dex991.htm EX-99.1 EX-99.1 Exhibit 99.1   NEWS RELEASE 7007 Pinemont Drive Houston,…
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About GEOSPACE TECHNOLOGIES CORPORATION (NASDAQ:GEOS)

Geospace Technologies Corporation designs and manufactures instruments and equipment used by the oil and gas industry to acquire seismic data in order to locate, characterize and monitor hydrocarbon producing reservoirs. The Company also designs and manufactures non-seismic products, including industrial products, offshore cables and imaging equipment. The Company operates through two segments: Seismic and Non-Seismic. The Company’s Seismic product segments include traditional exploration products, wireless exploration products and reservoir products. Its seismic product lines consist of land and marine nodal data acquisition systems, permanent land and seabed reservoir monitoring products and services, geophones and geophone strings, hydrophones, leader wire, connectors, telemetry cables, marine streamer retrieval and steering devices and various other products. The Company’s Non-Seismic product segments include imaging and industrial products.