ION Names Hollis President and COO

The ION Board of Directors has appointed Jim Hollis as President and Chief Operating Officer. In his new position, Hollis will oversee all operations of the Company, including all business units, sales and manufacturing. Hollis will report to Bob Peebler, who will continue as the Company's Chief Executive Officer.

Bob Peebler commented, "We have restructured around a single operating executive to foster effective and speedy decision-making and to further strengthen collaboration among business units and functions in the Company. Jim's appointment is a reflection of his outstanding leadership skills and his demonstrated ability to deliver results. I look forward to working closely with Jim to enhance teamwork across the Company and to strengthen our strategic position and customer relationships."

In his previous role as Executive Vice President and Chief Operating Officer of ION Solutions, Hollis, age 47, was responsible for four of ION's business units -- Full-wave Land (FireFly®), Seabed, GXT Imaging, and Integrated Seismic Solutions. Before his appointment to head ION's newly formed Solutions group in January 2007, Hollis served as Vice President, Land Imaging Systems and Vice President, FireFly New Ventures.

Before joining ION in 2003, Hollis was General Manager of Exploration and Development Solutions for Landmark Graphics, a Halliburton subsidiary. During his tenure at Landmark, he served in leadership positions in product development, marketing, and operations. Hollis holds a B.S. in Geophysics from the University of California, Santa Barbara and an M.S. in Geophysics from the University of Utah.



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