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Home > Company Index > Energy > Oil & Gas Services > Paradigm Geophysical Ltd.

Paradigm Geophysical Ltd.
Nasdaq: PGEO
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 NEWS FROM THE WIRES
Israel's Paradigm expands Asia Pacific capacity
Aug 15 2001 02:56 AM PDT

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 PROFILE
Paradigm Geophysical helps oil companies get the big picture. Paradigm makes integrated software systems that interpret, process, and create models of seismic data, which are used by natural gas and oil companies looking for new resources. The company has offices throughout the world, with Western Hemisphere nations accounting for more than 40% of total sales. Paradigm's proprietary seismic data interpretation technology, which produces more accurate subterranean contour analysis, underlies the firm's flagship ECHOS, ERGOS, and POROS product suites. Compagnie Générale de Géophysique has agreed to sell the company one of its software divisions in exchange for an 11% holding in Paradigm.

 COMPETITION
Baker Hughes Incorporated (BHI)
Schlumberger Limited (SLB)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 63.00
1-Yr. Sales Growth: 15.6%
Employees: 500
Revenue per employee: $126,000.00

 KEY PEOPLE
• Eldad Weiss
    CEO
• Brian W. Berman
    CFO

 CONTACT INFO
Gav-Yam Center No. 3, 9 Shenkar St.
Herzliyya B 46120, Israel
Phone: 972-9-970-9300
Fax: 972-9-970-9337
Online: Web Site

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