RigNet wins multi-vessel contract with an international energy service company

HOUSTON, Sept. 20, 2016 -- RigNet, Inc. (NASDAQ:RNET), a leading global provider of technology solutions, today announced that it has been awarded a multi-vessel contract providing RigNet’s managed communication network for an international offshore energy service company that performs well intervention, subsea contracting and other services.

RigNet also is delivering communication services to a national oil company and the vessel owner through our customer for their operations in Brazil.

“We are delighted to be given the opportunity to provide RigNet’s managed services and Network Operation Center’s support to our customer and the two other customers onboard the vessels,” said Steven Pickett, RigNet’s CEO and president. “Our valued customer performs critical services to a wide variety of energy customers. We are committed to deliver the high quality of service our brand is built on to all of our customers.”  

To ensure reliable and secure communications for these vessels, RigNet will use VSAT technology to deliver a fully managed, end-to-end, network. The contract includes managed communications by RigNet’s Global Network Operation Centers (GNOC) for technical support, which will include installation, commission, monitoring and maintenance.

About RigNet
RigNet (NASDAQ:RNET) is a leading global provider of technology solutions serving remote locations, including energy facilities and maritime vessels. RigNet provides solutions ranging from fully-managed voice and data networks to more advanced applications that include video conferencing, crew welfare, asset monitoring and real-time data services. RigNet is based in Houston, Texas and has operations around the globe.

For more information on RigNet, please visit www.rig.net. RigNet is a registered trademark of RigNet, Inc.

Media / Investor Relations Contact:
Charles E. Schneider 
SVP & Chief Financial Officer
RigNet, Inc. 
Tel: +1 (281) 674-0699