Rock Solid Images plc – Sale of seismic attribute software license for $0.5m

09 Jan 2012

RSI (AIM:RSI), announced today that it has provided a non-exclusive license of its seismic attribute interpretation technology to a major North American software vendor for a fee of $0.5 million.

Richard Cooper, CEO of RSI, stated: "This license will allow the benefits of RSI's technology to be accessed by a wide range of E&P companies. RSI's seismic attribute technology allows geophysical interpreters to reduce drilling risk by transforming 3D seismic data into a variety of geologically meaningful volumes."

CONTACT: Rock Solid Images plc

Richard Cooper – Chief Executive Officer
+1 713 723 2566

Bob Auckland – Chief Financial Officer
+44 (0) 7919 490911

Peter Reilly – Non Executive Chairman
+44 (0) 7881 920542

FoxDavies Capital (Nominated Advisor and Broker)
+44 (0) 203 463 5000
Simon Leathers
Mark Campbell

www.rocksolidimages.com

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