Polarcus Limited ("Polarcus" or the "Company") (OSE: PLCS) is pleased to announce that the Company has signed a contract with an undisclosed client for a 3D marine seismic project offshore Egypt utilizing Polarcus' RightBAND(TM) technique for broadband data acquisition.

The project will commence in Q4 2015 and run for approximately two and a half months.

About Polarcus

Polarcus (OSE: PLCS) is an innovative marine geophysical company with a pioneering environmental agenda, delivering high-end towed streamer data acquisition and imaging services from Pole to Pole. Polarcus operates a fleet of high performance 3D seismic vessels incorporating leading-edge maritime technologies for improved safety and efficiency. Polarcus offers contract seismic surveys and multi-client projects with advanced onboard processing solutions and employs over 500 professionals worldwide. The Company's principal office is in Dubai, United Arab Emirates.