Wavefield Inseis ASA (OSL:WAVE) Oslo, Norway, 19th August 2008. Wavefield Inseis ASA announced unaudited 2nd quarter results and first half under IFRS in accordance with IAS 34.

"Historic best quarter - both in terms of financial and operational performance"

For further information, contact:

Atle Jacobsen, CEO, Wavefield Inseis ASA Tel: +47 56 11 48 00, Email: atle.jacobsen@wavefield-inseis.com

Erik Hokholt, CFO, Wavefield Inseis ASA Tel: +47 67 82 84 09, Email: erik.hokholt@wavefield-inseis.com



About Wavefield Inseis ASA Wavefield Inseis ASA is a Norwegian marine geophysical company providing proprietary data acquisition services and offers a portfolio of non-exclusive Multi Client data to the global exploration community, developed in partnership with oil companies and governments. Our range of products includes long offset 2D, high capacity 3D, 4D, Multi-azimuth and Wide-azimuth data acquired with highly specified vessels and the latest seismic equipment, including our OPTOWAVE(TM) multi-component ocean bottom cable (4C OBC) system for permanent seismic 4D monitoring that uses optical sensor technology. We are also in the process of launching a new concept for EM acquisition and data analysis. From our main offices in Bergen and Oslo, Norway, and our other locations in London, Houston and Perth, Wavefield Inseis has a global reach, with activities world wide.



LINK: http://hugin.info/137185/R/1244408/268325.pdf

Wavefield Inseis ASA

http://www.wavefield.no

ISIN: NO0010295504

Stock Identifier: XOSL.WAVE

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