RigNet and LandTel Announce Merger

Houston, 27 September 2006:
Combination of RigNet and LandTel creates powerful communications offering in the upstream oil and gas industry

Houston, Sept. 27 2006:

RigNet, Inc., a leading global provider of managed communication services for the upstream oil and gas industry, and LandTel Communications, a leading U.S. supplier of land, coastal and offshore oilfield communications, today announced that the two companies have merged. The merger creates what is believed to be the largest dedicated oilfield communications company in the world.

"Our alliance with RigNet will give us access to RigNet's superior network and infrastructure and strengthen our presence and capability in North America, while simultaneously enhancing our product line," said Les Babin, president, LandTel Communications. "We will be able to leverage each other's strengths and provide our respective customers with the very best experience and highest level of customer service possible." 

"This great partnership with LandTel provides us with an opportunity to offer an expanded level of products and services to our customers," said Omar Kulbrandstad, chief executive officer, RigNet, Inc. "Working together, we can provide an exceptionally powerful communications solution and the highest level of value and service for our customers. LandTel's strong reputation for customer service in the call-out market, coupled with our strength in the fixed-installation markets, offers customers a choice of service approaches, both with best-in-class service. Our combined capabilities will enhance our growth prospects and will dramatically increase our position in the upstream oil and gas market."

About LandTel Communications:

LandTel Communications is a leading provider of land, coastal and offshore waters communications in the United States. Founded in 1995, the company began providing onshore rigs with landlines, intercom systems and fax communications in Louisiana. LandTel currently provides communications services to operators, drilling contractors and oilfield service companies throughout Louisiana, Mississippi, Texas, the Rocky Mountain region and the Gulf of Mexico. For more information, please visit http://www.landtelweb.com .

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