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GeoTomo USA
15995 N Barkers Landing, Ste 110
Houston, TX 77079
Tel:  281-597-1429
Fax: 281-597-1201  www.geotomo.com     

 

GeoTomo China
West Olympic Center   Suite 7A, Bldg. A Chaoyang District Beijing, P.R.China
Tel:  86-10-64841021
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Press Release  
   
Houston, Texas, USA - March 16, 2010  
   

GeoTomo Acquired GLI3D Software Ownership from Hampson-Russell Software

GeoTomo announced today that they have acquired the ownership of GLI3D refraction statics software from Hampson-Russell Software, a commercial software division of CGGVeritas.  Based in Calgary, Hampson-Russell Software began to develop GLI3D as their first software package in 1987 when the company was founded.  GLI3D has since become a seismic industry standard in refraction statics solution.

Dan Hampson, President of Hampson-Russell Software said: ^This decision allows Hampson-Russell developers to focus all efforts on our Reservoir Characterization suite of software products.  GLI3D seems to be a better match with GeoTomo¨s strategy and direction. ̄

Jie Zhang, President of GeoTomo LLC commented: "With the inclusion of GLI3D in GeoTomo's near-surface solution package TomoPlus, GeoTomo is able to offer users a complete suite of near-surface solutions in addition to the current high-end traveltime and waveform tomography technologies in TomoPlus."

The existing Hampson-Russell Limited Partnership Software License Agreement will continue in perpetuity.  GeoTomo will continue to develop, maintain, and distribute GLI3D under a separate agreement with end users.

About GeoTomo

GeoTomo LLC (www.geotomo.com) is specialized in developing land seismic data processing technologies and offers software solutions for the oil and gas industry worldwide.  GeoTomo¨s software solutions include modeling and survey design, near-surface imaging and statics analyses, land seismic data processing workflows, and 3D surface and downhole seismic visualization.

About CGGVeritas

CGGVeritas (www.cggveritas.com) is a leading international pure-play geophysical company delivering a wide range of technologies, services and equipment through Sercel, to its broad base of customers mainly throughout the global oil and gas industry.  

CGGVeritas is listed on the Euronext Paris (ISIN: 0000120164) and the New York Stock Exchange (in the form of American Depositary Shares, NYSE: CGV).