TGS Imaging Expands Research and Development Program; Company Taps Experienced Theorist Young Kim to Lead Effort.HOUSTON -- TGS TGS Tokyo Game ShowTGS Ticket-Granting Service TGS Ticket-granting Server TGS The Good Shepherd TGS Teen Girl Squad TGS The Gargoyles Saga TGS Texas Gourd Society TGS Tomato Growers Supply TGS Trinity Grammar School TGS Tomographic Gamma Scanner Imaging, the processing and imaging arm of TGS-NOPEC Geophysical Company TGS-NOPEC Geophysical Company (OSE: TGS) often branded as TGS is a Norwegian geoscience data, software and service provider. The company has its headquarters in Asker outside Oslo, Norway in addition to offices in Bedford, United Kingdom; West Perth, Australia and Houston, ("TGS"), announced today that it is expanding its research and development efforts in data processing data processing or information processing, operations (e.g., handling, merging, sorting, and computing) performed upon data in accordance with strictly defined procedures, such as recording and summarizing the financial transactions of a and software development. Leading this effort will be the company's new Vice President of R&D, Young Kim, Ph.D. Dr. Kim, a twenty-four year veteran of geophysical research, will work closely with TGS' clients in developing advanced processing solutions. His leadership and experience will increase the capabilities of the TGS Imaging research group, credited with the original introduction of wave equation and tomography processing techniques. Young Kim comes to TGS Imaging from ExxonMobil Exploration where he was a technical advisor on special projects for subsurface sub·sur·face adj. Of, relating to, or situated in an area beneath a surface, especially the surface of the earth or of a body of water. Adj. 1. depth imaging. Previously Dr. Kim was the Research Supervisor A research supervisor (often referred to as simply "supervisor") is responsible for the general oversight of an academic research project. Research Associates liaise with their research supervisor on a regular basis to advise him or her on the research status and receive any for the Seismic Processing Research Section at ExxonMobil Upstream Research. Dr. Kim holds three patents related to seismic processing technology and has contributed to more than 20 published articles. TGS-NOPEC Geophysical Company (TGS) is a leading global provider of multi-client geoscientific data, associated products and services to the oil and gas industry. TGS specializes in the creation of non-exclusive seismic surveys worldwide. The company also provides advanced depth imaging solutions and software through its TGS Imaging division. A2D A2D Analog To Digital Technologies, a wholly-owned subsidiary, is the energy industry's well log data marketplace offering the largest online database, immediate delivery, conversion services, data management services and worldwide well log data sourcing. The TGS family of companies places a strong emphasis on providing high-quality data and the highest level of service to the industry. All statements in this press release other than statements of historical fact are forward-looking statements, which are subject to a number of risks, uncertainties and assumptions that are difficult to predict, and are based upon assumptions as to future events that may not prove accurate. These factors include TGS' reliance on a cyclical industry Cyclical Industry A term describing an industry that is sensitive to the business cycle and price changes. Many cyclical industries produce durable goods such as raw materials and heavy equipment. and principal customers, TGS' ability to continue to expand markets for licensing of data, and TGS' ability to acquire and process data products at costs commensurate with profitability. Actual results may differ materially from those expected or projected in the forward-looking statements. TGS undertakes no responsibility or obligation to update or alter forward-looking statements for any reason. TGS-NOPEC Geophysical Company is listed on the Oslo Stock Exchange Oslo Stock Exchange An exchange founded in 1819 and trading stocks, bonds, and stock options that is considered the options market of Norway. (OSLO:TGS). |
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