The location of the wreckage as claimed by the company is 5,000 kms away from the current search area in the Indian Ocean and about 190 kilometres south of Bangladesh.
Reacting to the claim, Acting Transport Minister Hishammuddin Hussein said China and Australia were aware of the information.
"Malaysia is working with its international partners to assess the credibility of this information," a statement from his office said.
Another GeoResonance spokesperson, Pavel Kursa, said several elements found in commercial airliners were detected at the Bay of Bengal spot identified by GeoResonance.
"We identified chemical elements and materials that make up a Boeing 777...These are aluminum, titanium, copper, steel alloys and other materials," Kursa said in a statement.
The Beijing-bound Malaysia Airlines flight MH370 carrying 239 people, including five Indians, had mysteriously vanished on March 8 after taking off from Kuala Lumpur.
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