Market Overview

RigNet Opens Full-Service Office in Macae, Brazil, Names Mauricio Rubinsztajn as General Manager

HOUSTON, March 14, 2012 (GLOBE NEWSWIRE) -- RigNet, Inc. (Nasdaq: RNET), a leading global provider of managed remote communications solutions to the oil and gas industry, today announced the opening of a full-service office in Macaé, Brazil under the leadership of Mauricio Rubinsztajn, RigNet's general manager for Brazil.

RigNet's Macaé office, a sales and service center, positions RigNet to provide high-quality managed remote communications solutions and collaborative applications to drilling contractors, oil and gas operators and oilfield service companies conducting business in Brazil.

"We are excited to announce the opening of our country office in Macaé, the hub of the oil and gas industry in Brazil," said Hector Maytorena, RigNet's vice president and general manager, Western Hemisphere. "The office is fully operational, run by a team of knowledgeable sales representatives and highly-trained field support personnel. In addition to providing sales and services, RigNet has an in-country warehouse for inventory and sparing, allowing for speedy deployment and service."

Rubinsztajn has joined RigNet from Harris CapRock Communications where he served most recently as director of operations, South America. His extensive remote communications background includes management and sales roles with STM Networks, Intelsat and Embratel. He holds a B.Sc. in communications engineering from the Military Institute of Engineering (IME) in Rio de Janeiro and an MBA from the University of Maryland.

"At RigNet, we are strongly committed to providing our clients in Brazil with industry-leading robust communications solutions," Rubinsztajn said. "We have built a strong base of field support that allows us to scale to our customers´ demands.  This helps to solidify RigNet's reputation in Brazil as a premier provider of remote communications solutions for the oil and gas industry."

For service or questions call +55 22 2123 2888 or e-mail sales.brazil@rig.net.

About RigNet, Inc.

RigNet (Nasdaq: RNET) is a leading global provider of managed remote communications, networks 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.

The RigNet, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8418

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

RigNet, Inc. Logo

 

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