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TheStreet Open House

RigNet And SnapTV Deliver Interactive Media Services

Stocks in this article: RNET

HOUSTON, April 11, 2013 (GLOBE NEWSWIRE) -- RigNet, Inc. (Nasdaq:RNET), a leading global provider of managed remote communications solutions to the oil and gas industry, today announced it has entered into a global value-added reseller agreement with SnapTV AS, a Norwegian specialist in maritime and offshore infotainment and collaborative media.

"We are at a point in the oil and gas industry when media management systems, including those for crew welfare, are becoming more important," said Marcus D. Waters, global product manager for collaboration services at RigNet. "With SnapTV, we can provide robust and flexible media systems to our customers and enable immediate access to infotainment and media management solutions as a result of this agreement. This will be an expanding service to improve remote employee retention by fostering a more enjoyable, engaged and productive environment for oil and gas teams."

SnapTV has specialized in media management for bandwidth-restricted environments and supports fleet-wide management of audio and video for applications such as crew infotainment, e-learning, digital signage, monitoring / surveillance and organizational communication.

"We are delighted to enter into this global agreement with RigNet," said Harald Sørbo, newly appointed CEO of SnapTV. "RigNet's dedication to providing managed IP-based services to the oil and gas industry will provide a perfect match with our services for the same market."

For more information, please visit http://www.Rig.Net/products/SnapTV/ .

About SnapTV

SnapTV is a privately-owned company based in Oslo, Norway that provides IP-based infotainment and video management solutions to the maritime and oil and gas industries, as well as to other industries such as health care, hospitality and education. For more information, please visit http://www.snap.tv/ .

About RigNet, Inc.

RigNet (Nasdaq:RNET) is a leading global provider of managed remote communications, systems integration and collaborative applications dedicated to the oil and gas industry, focusing on offshore and onshore drilling rigs, energy production facilities and energy maritime. 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 . RigNet is a registered trademark of RigNet, Inc.

CONTACT: Morten Hagland Hansen 
         RigNet, Inc.
         +1 (281) 674-0111 
         media@Rig.Net

RigNet, Inc. Logo

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