RigNet Ranked Number 14 in Deloitte’s Technology Fast 50 Program for Texas

Houston, TX November 12th, 2007:
RigNet, Inc., a leading global provider of managed communications solutions for the upstream oil and gas industry, has been named to Deloitte’s prestigious Technology Fast 50 Program for Texas, a ranking of the 50 fastest growing technology, media, telecommunications, and life sciences companies in the area by Deloitte & Touche USA LLP, one of the nation’s leading professional services organizations. Rankings are based on the percentage revenue growth over five years from 2002 to 2006.

RigNet’s CEO Mark Slaughter credits the Company’s dedicated employees, a distinct growth strategy, and its oil and gas customers with the Company’s 1,316 percent revenue growth from 2002 to 2006. Slaughter said, “Formed in 2001, RigNet has rapidly become a leading managed communications provider to the global upstream oil and gas industry. Utilizing the industry’s only all-IP global network that is reliable, flexible, scaleable, and secure, RigNet offers robust remote communications solutions and collaborative applications that allow oil and gas companies, drillers, and oilfield service firms to focus instead on their core activities. This award is in recognition of the hard work and dedication shown by each and every one of our employees around the world. We thank Deloitte and its co-presenters for this prestigious award.”