HOUSTON, June 13, 2018 /PRNewswire/ -- ION Geophysical
Corporation (NYSE: IO) today announced the 100th deployment of its
Marlin offshore operations optimization software. Similar to
air traffic control for the marine environment, 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. Marlin has helped operators
around the world improve their situational awareness and optimize
their operational plans. Deployments have spanned autonomous
underwater vehicle flights, integrated offshore activities,
time-lapse seismic surveys, marine operations in arctic ice, and
shore-based marine control centers. ION's world-class
cloud-enabled software keeps information continuously updated so
teams onshore and offshore can visualize and collaborate using the
most accurate, high quality data.
"Reaching this milestone of 100 deployments reinforces the value
Marlin is providing for offshore operational efficiency, safety,
environmental compliance and total cost of ownership for diverse
maritime assets," said Chris Usher,
Executive Vice President of ION's Operations Optimization
group. "Clients are seeking smarter ways to manage their
operations. Marlin is able to support customer access to the
comprehensive data and predictive analytics they need to make
real-time decisions regarding their operations and assets. In
some cases, deploying Marlin resulted in millions of dollars of
annual operational cost savings. We are now seeing clients
move from project deployments to permanent office installations,
and starting to look at managing fleet activity. The marine
industry is on the cusp of a rapid digital transformation and we
are just scratching the surface of Marlin's potential."
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