Strategic alliance for next generation seismic system

News - June 29, 2001

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Input/Output Inc and Thomson Marconi Sonar Pty Ltd (TMS) have announced that they have agreed in principle to form a strategic alliance to jointly market anddevelop marine seismic data acquisition systems.

The alliance will focus primarily on joint development of a next generation marine seismic system.

In addition, TMS and I/O will jointly market both companies' products in order to provide complete marine data acquisition systems including streamers, positioning and acoustics, energy sources and in-water and dry-end electronics. Each company will continue to manufacture, support and market their existing product base.

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