Wireless Seismic, Inc. and FairfieldNodal Settle Lawsuit

News provided by
Wireless Seismic, Inc.
July 15, 2015 16:45 Korea Standard Time

SUGAR LAND, TEXAS--(Business Wire / Korea Newswire)--Wireless Seismic, Inc. and FairfieldNodal are pleased to announce that on July 2, 2015 a mutual settlement was reached, and at the request of the parties, the Federal District Court in Houston dismissed all of FairfieldNodal’s claims against Wireless Seismic. This dismissal resolves all patent infringement claims asserted by FairfieldNodal against Wireless Seismic. This means that Wireless Seismic is free to sell and support RT System 2, and its customers are free to use RT System 2. The terms of the settlement are confidential.

About Wireless Seismic

Wireless Seismic, Inc. (www.wirelessseismic.com) is revolutionizing onshore seismic data acquisition with RT System 2, the industry’s only fully scalable wireless seismic recording system with real-time data transmission. Headquartered in Sugar Land, Texas, with offices worldwide, the company’s recording systems enable contractors to efficiently tackle the most challenging projects by delivering commercially compelling solutions for conventional surveys and passive monitoring for hydraulic fracturing. For more information, go to www.wirelessseismic.com.

About FairfieldNodal

Privately held FairfieldNodal, a global leader in seismic nodal technology, designs and manufactures a complete range of revolutionary, true cable-free ZLand® and ZMarine® systems, and offers expert marine acquisition and data processing services. Famous for its ever-improving Gulf of Mexico Shelf multi-client database, the company is also expanding licensing coverage in the revitalized Permian Basin.

View source version on businesswire.com: http://www.businesswire.com/news/home/20150714006386/en/

Website: http://www.wirelessseismic.com

Contact

Wireless Seismic, Inc.
Patricia Jonesi
Marketing Communications Manager
832-532-5012

This is a news release distributed by Korea Newswire on behalf of this company.