Ikon Science Ltd entered into an agreement with the Instituto Alberto Luiz Coimbra de Pós-Graduação e Pesquisa em Engenharia (COPPE), part of the Technology Center of the Federal University of Rio de Janeiro, to conduct joint industry-funded research projects in the field of geoscience software and related subjects for oil companies operating in Brasil.

"This agreement underscores a core value which drives Ikon's growing international success, namely advanced research aiming at improving the technology and software tools used by the industry" said Martyn Millwood Hargrave, Chief Executive Officer. "COPPE is a worldclass organisation which has supported thousands of research projects since its inception in 1963; we look forward to a mutually-rewarding relationship with COPPE and especially with Professors Segen Estefen and Luiz Landau and researcher Josias Silva and their teams'.

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