Geospace Technologies Reports First Quarter 2014 Results and Conference Call Schedule

  Geospace Technologies Reports First Quarter 2014 Results and Conference Call
  Schedule

Business Wire

HOUSTON -- January 31, 2014

Geospace Technologies (NASDAQ: GEOS) today announced that it will release
first quarter 2014 financial results on Wednesday, February 5, 2014 after the
market closes. In conjunction with the release, Geospace has scheduled a
conference call for Thursday, February 6, 2014 at 10:00 a.m. Eastern Time
(9:00 a.m. Central).

What:    Geospace Technologies First Quarter 2014 Conference Call
When:       Thursday, February 6, 2014 at 10:00 a.m. Eastern Time (9:00 a.m.
            Central)
            Live via phone – U.S. participants can dial toll free (866)
How:        952-1906. International participants can dial (785) 424-1825.
            Please reference the Geospace Technologies conference ID: GEOSQ114
            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: www.geospace.com.

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
factors.

Contact:

Geospace Technologies
W. Richard Wheeler, 713.986.4444
President & Chief Executive Officer
Fax: 713.986.4445