May 27, 2010 

RigNet’s Jimmerson Named a 2010 CFO of the Year by the Houston Business Journal

Houston, TX, May 27, 2010 - RigNet, Inc., a leading global provider of managed communications solutions for the upstream oil and gas industry, announced that Marty Jimmerson, RigNet’s chief financial officer, was recognized by the Houston Business Journal as the 2010 Best CFO of the Year in the Best Growth Manager category. The CFO of the Year awards recognize Houston-area CFOs for their outstanding performance in their roles as corporate financial stewards

Jimmerson oversees RigNet's global financial operations, including accounting, treasury, tax and region finance management. He has worked diligently with the management team to manage costs, enhance growth and strengthen financial processes and controls. Since joining RigNet in late 2006, Jimmerson has been instrumental in guiding the Company through its exponential growth.

“Marty Jimmerson is an outstanding chief financial officer, and is most deserving of this honor. His cost management skills and proven ability to raise growth capital have enabled RigNet to pursue its growth strategy,” said RigNet’s chief executive officer, Mark Slaughter.

RigNet has received several local and national business growth awards in recent years. RigNet has ranked on Deloitte’s annual Technology Fast 500™ list since 2006. In 2008 and 2009, the Company ranked on the distinguished Inc. 500 list at Nos. 317 and 452, respectively, and in both years ranked in the top twenty energy companies. Additionally for the past five consecutive years, RigNet was recognized by the Houston Business Journal’s “Fast Tech 50” awards, given to the top 50 companies in terms of greatest percentage revenue growth.

Said Jimmerson, “It is an honor to receive this recognition. All of the success and revenue growth RigNet has seen throughout the past four years is a result of its highly talented management team and global employee base that focuses on providing premium customer service. I am proud to accept this award as the CFO of RigNet.”

The “2010 Best CFOs of the Year” awards were given in nine categories: Emerging Private Company, Mid-Cap Private Company, Mid-Cap Public Company, Large Public Company, Large Nonprofit, Small Nonprofit, Best Turnaround Specialist, Best Growth Manager, and Good Samaritan. The winners were announced during the fourth annual “Best CFOs of the Year Awards Luncheon” on Friday, May 21 at the Wortham Center in Houston, Texas.

About RigNet, Inc.
RigNet is a leading global provider of managed communications, networks and collaborative applications dedicated to the oil and gas industry. The Company provides solutions ranging from fully-managed voice and data networks to more advanced applications that include video conferencing, real-time data services and advanced medical services to remote sites in over 30 countries on six continents, effectively spanning the drilling and production industry. RigNet was recently named one of America's fastest-growing private companies as ranked in both Inc. Magazine's distinguished Inc. 500 and Deloitte's Technology Fast 500TM. Based in Houston, Texas, RigNet has offices in Brazil, Nigeria, Norway, Qatar, Singapore, United Kingdom and throughout the United States. For more information, please visit http://www.rig.net/.

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