Benzinga | Mar 30, 2021 04:16PM EDT

MIND Technology and PGS Enter into Supply Agreement For Provision Of An Unspecified Quantity Of Source Controllers And Related Services Over An Indefinite Delivery Period; Financial Details Not Disclosed

MIND Technology, Inc. (NASDAQ:MIND) ("MIND" or "the Company") today announced that its Seamap unit has entered into a Master Supply Agreement with PGS for the provision of an unspecified quantity of source controllers and related services over an indefinite delivery period.

Guy Malden, MIND Co-CEO, commented, "We are pleased to expand our long-standing relationship with PGS. Under this new framework agreement, we expect to provide advanced source controller technology over the coming years, adding to the GunLink and SourceLink products currently deployed in the PGS fleet."