THE WOODLANDS, Texas,
Jan. 12, 2021 /PRNewswire/
-- MIND Technology, Inc. (NASDAQ: MIND) ("MIND" or the
"Company") today announced that Alexander Lundh has
joined the Company as Director of European Strategic
Programs.
Rob Capps, MIND's Co-CEO and CFO,
stated, "We are thrilled to have Alexander join us and believe he
will be a tremendous resource in advancing our various strategic
initiatives. He brings a combination of technical, business
development and management experience in a broad range of
underwater sensor systems, which fits well with both our short- and
long-term objectives. Alexander also has a good understanding
of military and commercial markets for these systems, particularly
in Europe."
Most recently, Lundh has been with Veoneer ADAS in Sweden, managing multiple development teams
and responsible for all aspects of product development. He
spent almost ten years with Saab Dynamics AB in a variety of roles
with increasing responsibilities, including project management,
program management and business development. Lundh has a
strong background in signal intelligence developed while in the
Swedish military and started his professional career in forensic
computer systems.
ABOUT MIND TECHNOLOGY
MIND Technology, Inc. provides technology and solutions for
exploration, survey and defense applications in oceanographic,
hydrographic, defense, seismic and security industries.
Headquartered in The Woodlands,
Texas, MIND Technology has a global presence with key
operating locations in the United
States, Singapore,
Malaysia and the United
Kingdom. Its Klein and Seamap units design, manufacture and
sell specialized, high performance sonar and seismic
equipment. For more information, visit
http://mind-technology.com.
Forward-looking Statements
Certain statements and information in this press release may
constitute "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995. All
statements contained in this press release other than statements of
historical fact, including statements regarding our future results
of operations and financial position, our business strategy and
plans, and our objectives for future operations, are
forward-looking statements. The words
"believe," "expect," "anticipate," "plan," "intend," "should,"
"would," "could" or other similar expressions are intended to
identify forward-looking statements, which are generally not
historical in nature. These forward-looking statements are
based on our current expectations and beliefs concerning future
developments and their potential effect on us. While
management believes that these forward-looking statements are
reasonable as and when made, there can be no assurance that future
developments affecting us will be those that we anticipate.
All comments concerning our expectations for future revenues and
operating results are based on our forecasts of our existing
operations and do not include the potential impact of any future
acquisitions or dispositions. Our forward-looking statements
involve significant risks and uncertainties (some of which are
beyond our control) and assumptions that could cause actual results
to differ materially from our historical experience and our present
expectations or projections. These risks and uncertainties
include, without limitation, reductions in our customers' capital
budgets, our own capital budget, limitations on the availability of
capital or higher costs of capital, volatility in commodity prices
for oil and natural gas and the extent of disruptions caused by the
COVID-19 outbreak.
For additional information regarding known material factors
that could cause our actual results to differ from our projected
results, please see our filings with the SEC, including our Annual
Report on Form 10-K, Quarterly Reports on Form 10-Q and Current
Reports on Form 8-K.
Readers are cautioned not to place undue reliance on
forward-looking statements, which speak only as of the date
hereof. We undertake no obligation to publicly update or
revise any forward-looking statements after the date they are made,
unless required by law, whether as a result of new information,
future events or otherwise. All forward-looking
statements included in this press release are expressly qualified
in their entirety by the cautionary statements contained or
referred to herein.
Contacts:
Rob Capps, Co-CEO
MIND Technology, Inc.
281-353-4475
Ken Dennard / Zach Vaughan
Dennard Lascar Investor
Relations
713-529-6600
MIND@dennardlascar.com
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SOURCE MIND Technology, Inc.