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Q1 2009 Earnings Release (2009-05-29T18:03:04 CET)

2009 Summary

	Q1
Revenue	US$13.59m
EBITDA	US$2.31m

Cash Balance	US$6.56m

GGS Atlantic revenue was US$6.10m Despite strong Multi Client sales of Eastern Mediterranean data sets divisional revenue fell to $3.53m On board processing increased total data processing revenue to $3.96m Positive cash inflows from year end sales activity

For further information please contact David Rowlands or Rhys Edwards on +44 (0) 1483730201

Q1 09 Earnings Release pdf