Mar 01, 2007

RigNet contracts MEASAT-3 for VSAT services


HOUSTON, TX - March 1st, 2007 - RigNet, Inc., a leading global provider of managed communications solutions for the upstream oil and gas industry, today announced that it has signed an agreement with MEASAT Satellite Systems Sdn. Bhd. for satellite space segment on the MEASAT-3 satellite.

MEASAT has been supporting RigNet since 2005 with satellite capacity for the distribution of VSAT services via MEASAT-1.

"We are delighted that RigNet has selected the recently launched MEASAT-3 satellite, which has been designed to be one of Asia-Pacific's premier satellites with extensive coverage over more than 100 countries, to distribute their services to their upstream oil and gas customers. MEASAT-3 has an excellent footprint that covers Asia Pacific, Middle East and parts of Africa. This increased satellite footprint size is vital to RigNet's hyper-growth in these regions," said MEASAT senior director sales and marketing Yau Chyong Lim.

"RigNet is extremely pleased that MEASAT-3 was successfully launched and in service. With this new satellite, RigNet will be able to provide coverage for our customers' drilling rigs seamlessly across regions. MEASAT-3 also complements RigNet's global satellite coverage across all upstream oil and gas regions," said RigNet Vice President for the Asia Pacific region John Troup.

MEASAT-3's powerful C-Band beams will allow RigNet's host of VSAT terminals to communicate with multiple offshore locations via high-speed, reliable and secure satellite links. MEASAT-3's bandwidth will facilitate cost-effective operations and heightened efficiency in RigNet's global network.

About RigNet Inc.

RigNet, Inc., is a leading global provider of managed communication services exclusively to the upstream oil and gas industry. The Company holds the prestigious Cisco Powered Network designation, meeting the most stringent standards for network reliability and performance, and was recently named one of America's fastest-growing private companies as ranked in Inc. Magazine's distinguished Inc. 500. RigNet has worldwide installations throughout 21 countries and 6 continents, spanning the global offshore drilling and production industry. Based in Houston, Texas, RigNet has offices in Louisiana, Brazil, Malaysia, Nigeria, Norway, Qatar, Saudi Arabia, Singapore, UAE and the UK. For more information, please visit http://www.rig.net/.

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