MIND TECHNOLOGY, INC

MIND Technology, Inc., incorporated in 1987, provides technology to the oceanographic, hydrographic, seismic, and maritime 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. The company operates in one segment, Seamap. The Seamap business, which includes Seamap Pte Ltd, MIND Maritime Acoustics, LLC, Seamap (Malaysia) Sdn Bhd, and Seamap (UK) Ltd, designs, manufactures, and sells specialized marine seismic equipment. MIND Technology focuses on three markets within the broader marine products space: Marine Exploration, Marine Survey, and Maritime Security. Customers in these segments include marine survey companies, seismic survey contractors, non-military governmental organizations, research institutes, and operators of port facilities and other offshore installations. Seamap designs, manufactures, and sells a broad range of products for the oceanographic, hydrographic, and marine seismic industries. Its primary products include the GunLink™ seismic source acquisition and control systems (energy source controllers), the BuoyLink™ RGNSS (relative global navigation satellite system) positioning system, and SeaLink™ marine sensors and solid streamer systems (towed streamer products). These technologies are used in marine seismic surveys for energy exploration and alternative energy projects, other resources, ocean bottom surveys, and various research activities.