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  Collaboration Improves Productivity and Data Quality for Offshore Seismic

HOUSTON and OSLO, Norway, June 5 /PRNewswire-FirstCall/ — ION Geophysical
Corporation (NYSE: IO) and Fugro-Geoteam announced today their ongoing
collaboration to deploy state-of-the-art streamer acquisition technologies.
As a company committed to providing a technical edge to its oil & gas company
customers, Fugro has begun to outfit its modern seismic fleet with three
advanced technologies from ION’s Intelligent Acquisition(TM) [IA] portfolio:

    -- Fugro successfully deployed ION's first DigiSTREAMER(TM) solid streamer
       acquisition system on a 2D vessel involved in a commercial acquisition
       program in the North Sea.  DigiSTREAMER is designed to provide
       continuous acquisition in an extended weather window using low-noise,
       solid-streamer technology.
    -- Fugro benefited from unprecedented spread stability and control by
       deploying DigiFIN(TM) throughout a 10-streamer configuration during a
       recent survey in challenging ocean-current conditions.  DigiFIN's
       tighter, more uniform streamer separation enables repeatable, finely
       sampled seismic data and minimal infill.  The success of this
       deployment prompted Fugro to order a second DigiFIN system for their
       flagship Geo Celtic vessel.
    -- Fugro recently upgraded a third vessel in its fleet to Orca(R), ION's
       next-generation command & control software system for marine streamer
       vessels.  Orca streamlines data management and provides greater
       visibility and control into the full scope of streamer operations,
       ranging from 2D surveys to complex, multi-vessel programs.  Orca
       software also acts as the 'brain' for ION's [IA] portfolio.

Svein Dale, Technical Manager of Fugro-Geoteam commented, “ION’s
DigiSTREAMER system was delivered, installed and mobilized on time and has
been in robust production since April. Our crews are very satisfied with the
performance of DigiFIN, which contributed to both an increase in acquisition
efficiency and safe towing of 10 streamers in challenging ocean currents.
Orca is considered to be invaluable for undertaking an increasing number of
complex survey geometries involving multiple vessels.”

Dave Moffat, Senior Vice President of Marine Imaging Systems at ION added,
“We are pleased to have achieved a number of recent milestones with Fugro
related to our intelligent approach to marine acquisition. ION is committed
to helping marine contractors realize productivity gains from their seismic
operations and deliver better image quality to oil & gas companies operating
in the most complex offshore environments.”

ION and Fugro-Geoteam will continue collaborating to deliver marine
acquisition technologies that meet today’s complex survey requirements and
address the exploration and production challenges of tomorrow.

To learn more about ION’s portfolio of Intelligent Acquisition [IA]
products for marine streamer vessels, visit and test your

About Intelligent Acquisition [IA]

ION is leading the charge toward a new era of marine streamer acquisition
with Intelligent Acquisition [IA]. The portfolio of [IA] technologies is
designed to work together as a single intelligent system to improve
operational productivity and seismic image quality. By integrating
traditionally stand-alone navigation, positioning, acquisition, and source
systems, [IA] provides seamless control and significant program flexibility.
[IA] is intended to adjust to the dynamic marine environment by aligning
streamer sub-systems to the unique objectives of each survey. The result:
better seismic images acquired more efficiently, while complying with the most
stringent HSE requirements.

About ION

ION is a leading provider of geophysical technology, services, and
solutions for the global oil & gas industry. ION’s offerings allow E&P
operators to obtain higher resolution images of the subsurface to reduce the
risk of exploration and reservoir development, and enable seismic contractors
to acquire geophysical data more efficiently. Additional information about
ION is available at

About Fugro

Fugro-Geoteam is a worldwide leader in offshore seismic services from
exploration to production and development. Headquartered in Norway, Geoteam
operates a modern fleet of seismic vessels that deliver the highest quality
data for today’s 2D, 3D, and 4D surveys. Fugro maintains a leading position
in its various markets through commitment to quality and investment in new
technologies. Additional information about Fugro is available at

The information included herein contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and Section 21E of
the Securities Exchange Act of 1934. Actual results may vary fundamentally
from those described in these forward-looking statements. All forward-looking
statements reflect numerous assumptions and involve a number of risks and
uncertainties. These risks and uncertainties include risk factors that are
disclosed by ION from time to time in its filings with the Securities and
Exchange Commission.

ION (Financial community)
Chief Financial Officer
Brian Hanson, +1 281.879.3672

ION(Media affairs)
Senior Manager — Corporate Marketing
Jenny Salinas, +1 281.366.6286

SOURCE ION Geophysical Corporation

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