RigNet renews contract to provide managed services to maritime vessels

HOUSTON, Dec. 21, 2016 -- RigNet, Inc. (NASDAQ:RNET), a leading global provider of customized systems and solutions serving customers with complex data networking and operational requirements, has renewed a multi-year contract with an international oil and gas service company. RigNet will provide services for the customer’s energy maritime vessels operating in the Middle East. This contract further strengthens RigNet’s position in maritime industry.

The customer’s sophisticated vessels will include RigNet’s resilient managed communication solution using the latest VSAT technology which is equipped with stabilized antennas. Also, the solution allows for the improvement of bandwidth distribution among the fleet.

“This renewal demonstrates our commitment to provide quality service to one of our valued customers.  Additionally, the contract award enables RigNet to continue to satisfy its strategic initiative to diversify,” said Steven Pickett, RigNet’s CEO and president.

About RigNet
RigNet (NASDAQ:RNET) is a leading global provider of customized systems and solutions serving customers with complex data networking and operational requirements. 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