On August 5, 2021, MIND Technology, Inc. announced Guy M. Malden, the Company’s Co-CEO and Executive Vice President of Marine Operations, informed the Company of his intention to retire effective December 31, 2021. Mr. Malden, who has been employed by the Company since May 2003, indicated his intention to make himself available, on a part-time consulting basis, subsequent to his retirement. No terms or conditions of such consulting arrangement have been discussed. On August 5, 2021, in connection with Mr. Malden's retirement, the Company's Board of Directors (the "Board") appointed Robert P. Capps as President of the Company effective immediately. Mr. Capps has served as the co-CEO of the Company since 2015, and has served as Executive Vice President of Finance and Chief Financial Officer of the Company since 2006.
Mind Technology, Inc. provides technology to the oceanographic, hydrographic, defense, seismic and security industries. The Company offers marine technology products to marine survey, marine exploration, and maritime defense markets. The Company provides technology products such as exploration, survey, and defense products. The Company operates through one segment: Seamap Marine Products. Seamap Marine Products business is engaged in the design, manufacture and sale of specialized marine seismic equipment. Its manufacturing, support and sales facilities are maintained in the United Kingdom, Singapore, Malaysia and the state of Texas. Seamap Marine Products include Seamap SeaLink, Seamap GunLink, Seamap BuoyLink, source products, Misc. Seismic Products, and Seamap Ampair UW100. The Company has a global presence with operating locations in the United States, Singapore, Malaysia, and the United Kingdom. It also offers the Sea Serpent passive array system for maritime defense and security.
MIND TECHNOLOGY, INC. 
