TerraSpark Geosciences Names Daniel J. Piette Executive Chairman

  TerraSpark Geosciences Names Daniel J. Piette Executive Chairman

Business Wire

HOUSTON -- January 7, 2013

TerraSpark Geosciences is pleased to announce the appointment of Daniel J.
Piette to the position of Executive Chairman. A well-respected and recognized
energy executive, Dan will provide strategic leadership for TerraSpark and
will join Dr. Geoffrey Dorn, CEO, who will continue to provide technical
leadership and Bob Stevenson, COO, who will continue to oversee day-to-day
operations for this growing seismic interpretation company.

“Dan has extensive experience with providing new technology to the energy
industry, having served as a key executive in seven energy start-ups,” said
Trevor Burgess, board member of TerraSpark and Managing Director of Lime Rock
Partners, the lead investor in the company. “We are pleased to bring Dan on
board to oversee this next phase of TerraSpark’s growth.”

Most recently, Dan served as President and CEO of Object Reservoir, Inc. until
the recent acquisition of its software division by Halliburton Inc. and its
services division by Weatherford Inc. Prior to that, he was President and CEO
of OpenSpirit Corporation for seven years. Under his leadership OpenSpirit
grew significantly as a provider of integration solutions for upstream
applications and data, culminating in its acquisition by TIBCO Software Inc.
(NASDAQ: TIBX). Dan presently serves on the board of Petroleum Geo-Services
ASA.

About TerraSpark Geosciences

TerraSpark Geosciences (www.terraspark.com) based near Boulder in Westminster,
Colorado, leverages its unique blend of upstream industry experience,
geoscience expertise and computer science skills to deliver groundbreaking
software solutions. The company creates software tools for seismic data
interpretation, seismic data processing, directional well-path planning and
3-D visualization. Its leadership in industry consortia and interpretation
technology and history of successful patents distinguish them in this highly
technical field.

Contact:

TerraSpark Geosciences
Bob Stevenson, COO, 303-379-3053
 
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