Compagnie Generale de Geophysique: Sercel Continues its Expansion and Acquires Two Technology Companies

Compagnie Generale de Geophysique: Sercel Continues its Expansion and Acquires
Two Technology Companies 


PARIS, March 4  /PRNewswire-FirstCall/ -- Compagnie Générale de
Géophysique (ISIN : FR0000120164 - NYSE : GGY) announces today that its
wholly-owned subsidiary Sercel has acquired two French technology companies
through private transactions.

In February, Sercel acquired Orca Instrumentation. Located in Brest, France, the
company develops and markets marine instrumentation and underwaterdata
transmission systems. Orca Instrumentation employs 15 people.

In addition, Sercel has just completed the acquisition of Createch Industrie,
specialised in borehole measurement tools, borehole seismic tools and permanent
borehole sensors. The company is headquartered in the Paris area and employs 19
people.

Through these acquisitions, Sercel is continuing its expansion while
strengthening its position in two growing areas: sea-floor seismic systems and
borehole seismic tools.

The information included herein contains certain forward-looking statements
within the meaning of Section 27A of the securities act of 1933 and section 21E
of the Securities Exchange Act of 1934. These forward-looking statements reflect
numerous assumptions and involve a number of risks and uncertainties as
disclosed by the Company from time to time in its filings with the Securities
and Exchange Commission. Actual results may vary materially.

The Compagnie Générale de Géophysique group is a global participant in
the oilfield services industry, providing a wide range of seismic data
acquisition, processing and geoscience services and software to clients in the
oil and gas exploration and production business. It is also a global
manufacturer of geophysical equipment.

Internet : http://www.cgg.com/ 

DATASOURCE: COMPAGNIE GENERALE DE GEOPHYSIQUE



CONTACT:  Contact : Christophe BARNINI +(33)-1-64-47-38-10 Email :

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