Geospace Technologies Reports Fiscal Year 2013 Results and Conference Call Schedule

  Geospace Technologies Reports Fiscal Year 2013 Results and Conference Call

Business Wire

HOUSTON -- November 15, 2013

Geospace Technologies (NASDAQ: GEOS) today announced that it will release
fiscal year 2013 financial results on Thursday, November 21, 2013 after the
market closes. In conjunction with the release, Geospace has scheduled a
conference call for Friday, November 22, 2013 at 10:00 a.m. Eastern Time (9:00
a.m. Central).

What:   Geospace Technologies Fiscal Year 2013 Conference Call
When:     Friday, November 22, 2013 at 10:00 a.m. Eastern Time (9:00 a.m.
          Live via phone – U.S. participants can dial toll free (866)
How:      952-7534. International participants can dial (785) 424-1835. Please
          reference the Geospace Technologies conference ID: GEOSQ413 prior to
          the start of the conference call.

For those who cannot listen to the live call, a replay will be available for
approximately 60 days and may be accessed through the Investor Relations tab
of our website:

Geospace Technologies Corporation designs and manufactures instruments and
equipment used by the oil and gas industry to acquire seismic data in order to
locate, characterize and monitor hydrocarbon producing reservoirs. The company
also designs and manufactures non-seismic products, including industrial
products, offshore cables, thermal printing equipment and film.

This press release includes “forward-looking statements” within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. All statements other than
statements of historical fact included herein including statements regarding
potential future products and markets, our potential future revenues, future
financial position, business strategy, future expectations and other plans and
objectives for future operations, are forward-looking statements. We believe
our forward-looking statements are reasonable. However, they are based on
certain assumptions about our industry and our business that may in the future
prove to be inaccurate. Important factors that could cause actual results to
differ materially from our expectations include the level of seismic
exploration worldwide, which is influenced primarily by prevailing prices for
oil and gas, the extent to which our new products are accepted in the market,
the availability of competitive products that may be more technologically
advanced or otherwise preferable to our products, tensions in the Middle East
and other factors disclosed under the heading “Risk Factors” and elsewhere in
our most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q,
which are on file with the Securities and Exchange Commission. Further, all
written and verbal forward-looking statements attributable to us or persons
acting on our behalf are expressly qualified in their entirety by such


Geospace Technologies
Gary D. Owens, 713.986.4444
Chairman, President and CEO
Fax: 713.986.4445
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