HOUSTON, Nov. 13, 2017 /PRNewswire/ -- ION
Geophysical Corporation (NYSE: IO) today announced that it has
regained compliance with the New York Stock Exchange's (NYSE) share
price continued listing standards. On November 9, 2017, the NYSE notified ION that it
was back in compliance due to the Company's performance with
respect to the business plan submitted to the NYSE and compliance
with the NYSE's minimum market capitalization requirement over the
past two quarters. Accordingly, the Company's common stock
will continue to be listed on the NYSE.
About ION
ION Geophysical Corporation ("ION" or "the Company") is a
leading provider of technology-driven solutions to the global oil
and gas industry. ION's offerings are designed to help
companies reduce risk and optimize assets throughout the E&P
lifecycle. For more information, visit iongeo.com.
Contact
EVP, General Counsel & Corporate Secretary
Matthew Powers, +1 281.552.3011
matt.powers@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 risks associated with the timing
and development of the Company's products and services, pricing
pressure, decreased demand, and changes in oil prices; and
political, execution, regulatory, and currency risks. 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