HOUSTON, April 12, 2018 /PRNewswire/ -- ION
Geophysical Corporation (NYSE: IO) today announced the launch of
its enterprise version of Marlin software to more broadly optimize
offshore operations and continue advancing maritime
digitization. Marlin supports a step change offshore from
traditional manual processes to digital solutions that integrate
and share information in real time to enable better, safer
decisions. Similar to air traffic control, Marlin is designed
to maximize the safety and efficiency of offshore operations by
integrating a variety of data sources in real time (AIS vessel
tracking, GIS geographic information, GPS, radar, satellite, USBL
acoustic data, RFID radio frequency identification, ocean currents,
etc.) with operational plans, creating an unparalleled picture of
offshore operations to enhance decision-making. Marlin
provides a unique Cloud-enabled platform that links temporal
planning (similar to a Gantt chart) with timestamped spatial
data. This integration of data enables multiple stakeholders
onshore and offshore to share and visualize vessel route plans,
information on operational activity alongside any associated
exclusion zones, foresee and avoid conflicts between vessels and
fixed assets, optimize schedules safely within a rules-based
environment, and measure and improve asset performance.
ION has been delivering Marlin as a service for over three
years. This process enabled close collaboration with
customers offshore to gather requirements to efficiently develop an
enterprise-wide software package. Marlin is differentiated by
its comprehensive functionality across three technology
layers. The first layer leverages our industry-leading data
management platform, which stores information in a central
database. The second is visualization technology, which
displays all the data spatially from a global perspective down to
the ship yard. The third is the analytics and reporting
engine, which enables extensive reporting and playback
functionality and has been very popular among clients to
continually improve operational safety and efficiency and resolve
disputes. Marlin has been deployed over 70 times in a variety
of offshore projects, delivering significant value to
clients. These deployments have spanned AUV flight planning
and optimization, integrated offshore activity planning,
optimization of time-lapse seismic surveys co-mingled with busy oil
and gas operations, marine operations in arctic ice, and
shore-based marine control centers.
"This software package has the potential to revolutionize
offshore operations," said Chris
Usher, Executive Vice President of ION's Operations
Optimization group. "The maritime industry is going
digital. Clients are looking for a smarter way to manage
their operations and this enterprise version of Marlin can reach a
lot more clients and projects than our field service team
could. We believe Marlin can deliver significant value in
operational efficiency, safety, environmental compliance and total
cost of ownership for diverse maritime assets whether a customer
operates a busy offshore oil and gas asset, tracks marine traffic
in harbors, or manages supply vessel scheduling around wind
farms. Marlin consistently unites and engages personnel
across activities and is proving invaluable around event
transparency as almost every project is followed by requests for
extensive mission playback from the system."
To learn more, visit iongeo.com/Marlin.
About ION
ION develops and leverages innovative technologies, creating
value through data capture, analysis and optimization to enhance
critical decision-making, enabling superior returns. For more
information, visit iongeo.com.
Contacts
ION (Investor relations)
Executive Vice President and Chief Financial Officer
Steve Bate, +1 281.552.3011
steve.bate@iongeo.com
ION (Media relations)
Vice President, Communications
Rachel White, +1 281.781.1168
rachel.white@iongeo.com
The information herein contains certain forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933 and Section 21E of the Securities Exchange Act of 1934.
These forward-looking statements may include information and other
statements that are not of historical fact. Actual results may vary
materially from those described in these forward-looking
statements. All forward-looking statements reflect numerous
assumptions and involve a number of risks and uncertainties. These
risks and uncertainties include the risks associated with the
timing and development of ION Geophysical Corporation's products
and services; pricing pressure; decreased demand; changes in oil
prices; and political, execution, regulatory, and currency risks.
These risks and uncertainties also include risks associated with
the WesternGeco litigation and other related proceedings. We cannot
predict the outcome of this litigation or the related
proceedings. For additional information regarding these
various risks and uncertainties, including the WesternGeco
litigation, see our Form 10-K for the year ended December 31, 2017, filed on February 8, 2018. Additional risk factors, which
could affect actual results, are disclosed by the Company in its
fillings with the Securities and Exchange Commission ("SEC"),
including its Form 10-K, Form 10-Qs and Form 8-Ks filed during the
year. The Company expressly disclaims any obligation to revise or
update any forward-looking statements.
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SOURCE ION Geophysical Corporation