MIND Technology (MIND) Announces Source Controller Order

MIND Technology, Inc. ("MIND" or the "Company") (Nasdaq: MIND) announced today that its Seamap unit has received an order for a GunLink source controller and associated equipment from Sanco Holdings A/S. The value of the order, which is expected to be delivered in this fiscal year, is in excess of $4.0 million.

Mark Welker, Vice President of MIND and Seamap Managing Director, stated, "We're pleased to be able to support Sanco in this project. Demand for our source controller technology continues to be strong as we see a number of opportunities for the remainder of our current fiscal year and beyond."

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