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RigNet Expands Oil and Gas Communications Solutions Via Intelsat

Dépèche transmise le 4 août 2011 par Business Wire

RigNet Expands Oil and Gas Communications Solutions Via Intelsat

LUXEMBOURG & HOUSTON--(BUSINESS WIRE)--Intelsat S.A., the world’s leading provider of satellite services, announced that it has received multiple contracts from RigNet, Inc. (NASDAQ: RNET), a leading provider of managed communications to the oil and gas industry, for new and renewed satellite capacity. RigNet provides the oil and gas industry with managed communications and other network-based services for remote drilling, completion and production sites, meeting the exacting demands of oil and gas customers for reliability, technical support and customer service.

“Our advanced infrastructure allows RigNet to deliver remote communications services to offshore rigs, completion and production sites, and various office locations, ensuring a dependable solution for its customers.”

Intelsat will provide new capacity to RigNet to support the communications needs of oil and gas customers in remote locations on Intelsat 901 at 342º E and in the Middle East on Intelsat 902 at 62º E. RigNet also renewed its existing capacity agreement on Intelsat 707 at 307º E, which supports similar offerings in the Gulf of Mexico. These multi-year contracts will allow RigNet to meet its existing customer commitments in these regions and will position the company for expected future growth. As part of its end-to-end solutions, RigNet will access Intelsat’s advanced ground network, IntelsatONE^SM, connecting RigNet’s oil and gas remote users to its head offices using Intelsat’s teleport and terrestrial facilities.

“As bandwidth needs grow to support higher end-user activity and the increased push of applications, oil and gas companies increasingly choose RigNet for our global reach, technical sophistication and network reliability,” said RigNet CEO Mark Slaughter. “Intelsat’s flexible and resilient global network provides us the ability to deliver the most advanced communications services available, meeting our customers’ needs across the world.”

“Reliable broadband connectivity is essential for oil and gas platform operations,” said Kurt Riegelman, Intelsat’s SVP of Global Sales. “Our advanced infrastructure allows RigNet to deliver remote communications services to offshore rigs, completion and production sites, and various office locations, ensuring a dependable solution for its customers.”

About RigNet

RigNet (NASDAQ: RNET) is a leading global provider of managed communications, networks and collaborative applications dedicated to the oil and gas industry. RigNet provides solutions ranging from fully-managed voice and data networks to more advanced applications that include video conferencing and real-time data services to remote sites in over 30 countries on six continents, effectively spanning the drilling and production industry. RigNet is based in Houston, Texas. For more information, please visit www.rig.net.

About Intelsat

Intelsat is the leading provider of satellite services worldwide. For over 45 years, Intelsat has been delivering information and entertainment for many of the world’s leading media and network companies, multinational corporations, Internet Service Providers and governmental agencies. Intelsat’s satellite, teleport and fiber infrastructure is unmatched in the industry, setting the standard for transmissions of video, data and voice services. From the globalization of content and the proliferation of HD, to the expansion of cellular networks and broadband access, with Intelsat, advanced communications anywhere in the world are closer, by far.

Intelsat Safe Harbor Statement

Some of the statements in this news release constitute "forward-looking statements" that do not directly or exclusively relate to historical facts. The forward-looking statements made in this release reflect Intelsat's intentions, plans, expectations, assumptions and beliefs about future events and are subject to risks, including known and unknown risks. Detailed information about some of the known risks is included in Intelsat's annual report on Form 10-K for the year ended 31 December 2010, its Registration Statement on Form S-1, and its other filings with the U.S. Securities and Exchange Commission. Because actual results could differ materially from Intelsat's intentions, plans, expectations, assumptions and beliefs about the future, you are urged to view all forward-looking statements contained in this news release with caution. Intelsat does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.