{"id":514342,"date":"2021-07-19T07:04:15","date_gmt":"2021-07-19T11:04:15","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/mind-technology-announces-new-orders-added-to-backlog\/"},"modified":"2021-07-19T07:04:15","modified_gmt":"2021-07-19T11:04:15","slug":"mind-technology-announces-new-orders-added-to-backlog","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/mind-technology-announces-new-orders-added-to-backlog\/","title":{"rendered":"MIND Technology Announces New Orders Added to Backlog"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n THE WOODLANDS, Texas<\/span>, July 19, 2021<\/span> \/PRNewswire\/ —\u00a0MIND Technology, Inc. (NASDAQ: MIND) (“MIND” or “the Company”) today announced that its Seamap unit has received new orders totaling approximately $4.1 million<\/span> for source controller and GNSS positioning systems. Deliveries of the related products are expected to occur in the third and fourth quarters of the current fiscal year.<\/p>\n

\n Guy Malden<\/span>, MIND Co-CEO, commented, “We are pleased to add these orders to our backlog as demand in the marine exploration market remains positive, particularly for our marine source controller systems. We expect further order activity in this area as the year progresses.”<\/p>\n

\n About MIND Technology<\/b>\n <\/p>\n

MIND Technology, Inc. provides technology to the oceanographic, hydrographic, defense, seismic and security industries.\u00a0 Headquartered in The Woodlands, Texas<\/span>, MIND has a global presence with key operating locations in the United States<\/span>, Singapore<\/span>, Malaysia<\/span>, and the United Kingdom.\u00a0 MIND’s worldwide Marine Technology Products segment, which includes its Seamap and Klein Marine Systems units, designs, manufactures and sells specialized, high performance, marine sonar and seismic equipment.\u00a0 <\/p>\n

\n
\n
\n Forward-looking Statements <\/u>
\n <\/i>
\n <\/b>\n <\/p>\n

\n Certain statements and information in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.<\/i>
\n \u00a0All statements contained in this press release other than statements of historical fact, including statements regarding our future results of operations and financial position, our business strategy and plans, and our objectives for future operations, are forward-looking statements.<\/i>
\n \u00a0\u00a0\u00a0The words “believe,” “expect,” “anticipate,” “plan,” “intend,” “should,” “would,” “could” or other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature.\u00a0 These forward-looking statements are based on our current expectations and beliefs concerning future developments and their potential effect on us.\u00a0 While management believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting us will be those that we anticipate.\u00a0 All comments concerning our expectations for future revenues and operating results are based on our forecasts of our existing operations and do not include the potential impact of any future acquisitions or dispositions.\u00a0 Our forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from our historical experience and our present expectations or projections. <\/i>
\n These risks and uncertainties include, without limitation, reductions in our customers’ capital budgets, our own capital budget, limitations on the availability of capital or higher costs of capital, volatility in commodity prices for oil and natural gas and the extent of disruptions caused by the COVID-19 pandemic.<\/i>\n <\/p>\n

\n For additional information regarding known material factors that could cause our actual results to differ from our projected results, please see our filings with the SEC, including our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.<\/i>\n <\/p>\n

\n Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof.\u00a0 We undertake no obligation to publicly update or revise any forward-looking statements after the date they are made, unless required by law, whether as a result of new information, future events or otherwise.<\/i>
\n \u00a0All forward-looking statements included in this press release are expressly qualified in their entirety by the cautionary statements contained or referred to herein.<\/i>\n <\/p>\n

Contacts: \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n

\n Rob Capps<\/span>, Co-CEO
MIND Technology, Inc.
936-291-2277 <\/p>\n

\n Ken Dennard<\/span> \/ Zach Vaughan<\/span>
Dennard Lascar<\/span> Investor Relations
713-529-6600
MIND@dennardlascar.com<\/a><\/p>\n

\n \"Cision\" View original content:https:\/\/www.prnewswire.com\/news-releases\/mind-technology-announces-new-orders-added-to-backlog-301335455.html<\/a><\/p>\n

SOURCE MIND Technology, Inc.<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire THE WOODLANDS, Texas, July 19, 2021 \/PRNewswire\/ —\u00a0MIND Technology, Inc. (NASDAQ: MIND) (“MIND” or “the Company”) today announced that its Seamap unit has received new orders totaling approximately $4.1 million for source controller and GNSS positioning systems. Deliveries of the related products are expected to occur in the third and fourth quarters of the current fiscal year. Guy Malden, MIND Co-CEO, commented, “We are pleased to add these orders to our backlog as demand in the marine exploration market remains positive, particularly for our marine source controller systems. We expect further order activity in this area as the year progresses.” About MIND Technology MIND Technology, Inc. provides technology to the oceanographic, hydrographic, defense, seismic and security industries.\u00a0 Headquartered … <\/p>\n

Continue reading “MIND Technology Announces New Orders Added to Backlog”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-514342","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nMIND Technology Announces New Orders Added to Backlog - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/mind-technology-announces-new-orders-added-to-backlog\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MIND Technology Announces New Orders Added to Backlog - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire THE WOODLANDS, Texas, July 19, 2021 \/PRNewswire\/ —\u00a0MIND Technology, Inc. (NASDAQ: MIND) (“MIND” or “the Company”) today announced that its Seamap unit has received new orders totaling approximately $4.1 million for source controller and GNSS positioning systems. Deliveries of the related products are expected to occur in the third and fourth quarters of the current fiscal year. Guy Malden, MIND Co-CEO, commented, “We are pleased to add these orders to our backlog as demand in the marine exploration market remains positive, particularly for our marine source controller systems. We expect further order activity in this area as the year progresses.” About MIND Technology MIND Technology, Inc. provides technology to the oceanographic, hydrographic, defense, seismic and security industries.\u00a0 Headquartered … Continue reading "MIND Technology Announces New Orders Added to Backlog"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/mind-technology-announces-new-orders-added-to-backlog\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-19T11:04:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DA45291&sd=2021-07-19\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mind-technology-announces-new-orders-added-to-backlog\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mind-technology-announces-new-orders-added-to-backlog\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"MIND Technology Announces New Orders Added to Backlog\",\"datePublished\":\"2021-07-19T11:04:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mind-technology-announces-new-orders-added-to-backlog\\\/\"},\"wordCount\":585,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mind-technology-announces-new-orders-added-to-backlog\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=DA45291&sd=2021-07-19\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mind-technology-announces-new-orders-added-to-backlog\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mind-technology-announces-new-orders-added-to-backlog\\\/\",\"name\":\"MIND Technology Announces New Orders Added to Backlog - 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