November 11, 2009
RigNet Ranks #33 Fastest Growing Company in Texas on
Houston Business Journal's 2009 Fast Tech 50TM
Houston, TX, November 11, 2009 - RigNet, Inc., a leading independent provider of remote communications and collaborative applications to the global oil and gas industry, was recognized as the 33rd fastest-growing technology company in the Houston Business Journal's Annual Fast Tech 50TM listing.
The Fast Tech 50TM Award recognizes the top 50 technology companies based on percentage revenue growth from year to year. Like RigNet, many of the companies competing for these awards operate within the oil and gas industry. RigNet has been ranked on the Fast Tech 50 list for five consecutive years, ranking number 10 in 2005, 18 in 2006, 11 in 2007, and 15 in 2008.
Said Mark Slaughter, RigNet's CEO and President, "we are proud to be a five-time winner of this prestigious award. Not only was RigNet ranked 33rd this year, but we were also the largest winner overall in terms of total revenue dollars, which makes our year-over-year revenue growth percentage even more impressive. In fact, on an absolute dollar increase basis, we were second overall in terms of growth."
The 2009 Fast Tech 50TM Award rankings were announced on Wednesday, November 4, 2009 at a luncheon hosted by the Houston Business Journal, PKF Texas, Pierpont Communications, Rice Alliance for Technology and Entrepreneurship, Houston Technology Center, Phillips & Reiter, PLLC, Burnett Staffing Specialists, Oracle, Employer Flexible Resources and Fox 26 KRIV-TV/My20 KTXH-TV.
About RigNet, Inc.
RigNet, Inc. is a leading global provider of managed communication services exclusively to the oil and gas industry - bringing premier communications, networking and collaboration services to provide global reach, superior performance and maximum reliability for offshore rigs, land rigs and remote office locations. 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 34 countries and six continents, spanning the global drilling and production industry. Based in Houston, Texas, RigNet has offices in Brazil, Malaysia, Nigeria, Norway, Qatar, Saudi Arabia, Singapore, United Arab Emirates, United Kingdom and throughout the United States. http://www.rig.net/
