October 16, 2008 

RigNet Ranked as One of Houston's Fastest-Growing Private Companies

HOUSTON, TX - October 16, 2008 - RigNet, Inc., a leading global provider of managed communication services for the upstream oil and gas industry, has been named one of Houston's fastest growing companies by the Houston Business Journal.  All of the companies on the list are headquartered within the ten-county Houston metropolitan area and have been doing business for a minimum of five years.

RigNet made the "Houston Fast 100" list based on its revenue growth percentage from 2005 to 2007.  With a revenue growth of 406.26%, RigNet ranked 9th on the list.

"RigNet is honored to receive this prestigious award", said Mark Slaughter, CEO and President of RigNet.  "Our continued rapid growth confirms the superior customer experience we deliver through our managed communications solutions worldwide".

The "Houston Fast 100" recognition ceremony was held Sept. 26 at the Westin Galleria Hotel in Houston. More than 850 business leaders convened to discover which companies made the prestigious list this year and to celebrate the winners.

About RigNet

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 named one of America's fastest-growing private companies as ranked in Inc. magazine's distinguished Inc. 500.  RigNet has worldwide installations throughout 34 countries and six 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, visit http://www.rig.net/.