Geospace Technologies : Announces Second Quarter Fiscal Year 2016 Earnings & Conference Call Schedule

7007 Pinemont Drive Houston, TX 77040 USA Contact: W. Richard Wheeler President and CEO

TEL: 713.986.4444

FAX: 713.986.4445

Houston, Texas - April 20, 2016 - Geospace Technologies (NASDAQ: GEOS) today announced that it will release second quarter fiscal year 2016 financial results on Thursday, May 5, 2016 after the market closes. In conjunction with the release, Geospace has scheduled a conference call for Friday, May 6, 2016 at 10:00 a.m. Eastern Time (9:00 a.m. Central).

What: When: How:

Geospace Technologies Fiscal Year 2016 Second Quarter Conference Call Friday, May 6, 2016 at 10:00 a.m. Eastern Time (9:00 a.m. Central)

Live via phone - U.S. participants can dial toll free (888) 632-3384. International participants can dial (785) 424-1675. Please reference the Geospace Technologies conference ID: GEOSQ216 prior to the start of the conference call.

For those who cannot listen to the live call, a replay will be available for approximately 60 days and may be accessed through the Investor Tab of our website: www .geospace .com.

Geospace Technologies Corporation designs and man ufactures instruments and equipment used by the oil and gas industry in the acquisition and processing of seismic data as well as in reservoir characterization and monitoring activities. The company also designs and man ufactures non-seismic products, including industrial prod ucts, offshore cables, thermal pri nting equ ipment and film .

This press release includes "forward-looking statements" within the mean ing of Section 27A of the Securities Act of I 933, as amended , and Section 21 E of the Securities Exchange Act of 1934, as amended . All statements other than statements of historical fact included herein including statements regarding potential future products and markets, our potential future revenues, future financial position, business strategy, future expectations and other plans and objectives for future operations, are forward­ looking statements. We bel ieve our forward-looki ng statements are reasonable. However, they are based on certain assumptions about our industry and our busi ness that may in the future prove to be inaccurate. Important factors that could cause actual results to differ materially from our expectations include the level of seismic exploration worldwide, which is influenced pri mari ly by prevail ing prices for oil and gas, the extent to which our new prod ucts are accepted i n the market , the availabi l ity of competitive products that may be more technologically advanced or otherwise preferable to our products, tensions in the Middle East and other factors disclosed under the head ing "Risk Factors" and elsewhere in our most recent Annual Report on Form I 0-K and Quarterly Report on Form I 0-Q, wh ich are on file with the Securities and Exchange Commission. Further, al l written and verbal forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by such factors.