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MIND Technology and PGS Enter into Supply Agreement

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THE WOODLANDS, Texas, March 30, 2021 /PRNewswire/ -- MIND Technology, Inc. (NASDAQ: MIND) ("MIND" or "the Company") today announced that its Seamap unit has entered into a Master Supply Agreement with PGS for the provision of an unspecified quantity of source controllers and related services over an indefinite delivery period.

Guy Malden, MIND Co-CEO, commented, "We are pleased to expand our long-standing relationship with PGS.  Under this new framework agreement, we expect to provide advanced source controller technology over the coming years, adding to the GunLink and SourceLink products currently deployed in the PGS fleet."

About MIND Technology

MIND Technology, Inc. provides technology to the oceanographic, hydrographic, defense, seismic and security industries.  Headquartered in The Woodlands, Texas, MIND has a global presence with key operating locations in the United States, Singapore, Malaysia, and the United Kingdom.  MIND's worldwide Marine Technology Products segment, which includes its Seamap and Klein Marine Systems units, designs, manufactures and sells specialized, high performance, marine sonar and seismic equipment.  

Contacts:

Rob Capps, Co-CEO


MIND Technology, Inc.


936-291-2277




Ken Dennard / Zach Vaughan


Dennard Lascar Investor Relations


713-529-6600


MIND@dennardlascar.com

 

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About MIND

mind technology, inc., through its subsidiaries, provides technology to the oceanographic, hydrographic, defense, seismic and maritime security industries in the united states, singapore, malaysia, the united kingdom, and internationally. the company operates in two segments, marine technology products, and equipment leasing. the marine technology products segment develops, manufactures, and sells proprietary products. its products include the gunlink seismic source acquisition and control systems that provide operators of marine seismic surveys with precise monitoring and control of energy sources; the buoylink rgps tracking system, which is used to offer precise positioning of marine seismic energy sources and streamers; digishot energy source controllers; sleeve gun energy sources; sealink product line of marine sensors and solid streamer systems; and harborguard, an integrated waterside surveillance and security system that combines radar, video, and other surveillance technology t