MIND TECHNOLOGY, INC

MIND Technology, Inc. ( MIND and, together with its consolidated subsidiaries, the Company , we , us and our ), a Delaware corporation, was incorporated in 1987. We provide technology to the oceanographic, hydrographic, seismic and maritime security industries. Headquartered in The Woodlands, Texas, MIND has a global presence with key operating locations in the United States, Singapore, Malaysia and the United Kingdom. We operate in one segment, Seamap. Our Seamap business includes Seamap Pte Ltd, MIND Maritime Acoustics, LLC, Seamap (Malaysia) Sdn Bhd and Seamap (UK) Ltd (collectively Seamap ), which designs, manufactures and sells specialized marine seismic equipment. We are focusing on our strategy to emphasize and expand our Seamap business. This strategy is based on the following vision for MIND: become known as a provider of innovative technology and products to the oceanographic, hydrographic, seismic and maritime security industries; and leverage our various technologies, products and services to create new products and services and address new markets, as well as seek out opportunities to add new technologies and products. We are primarily focused on three markets within the broader marine products space, Marine Exploration, Marine Survey and Maritime Security. Customers within these market segments include marine survey companies, seismic survey contractors, non-military governmental organizations, research institutes, and operators of port facilities and other offshore installations.