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ION Geophysical Completes Bond Exchange

FocalPoint's Special Situations Group Advises Majority Bondholders

New York, NY — ION Geophysical Corporation (“ION” or the “Company”), an innovative, asset-light technology company that delivers powerful data-driven decision making to offshore energy, port, and defense industries, has completed a series of transactions resulting in a recapitalization of its balance sheet. FocalPoint Partners, LLC (“FocalPoint”) served as exclusive financial advisor to the majority bondholders.