RigNet Ranks 126 on Deloitte`s 2009 Technology Fast 500

HOUSTON--(Business Wire)--
RigNet, Inc., a leading independent provider of remote communications and
collaborative applications to the global oil and gas industry, is ranked No. 126
this year on the Technology Fast 500 list, Deloitte LLP`s ranking of 500 of the
fastest-growing technology, media, telecommunications, life sciences and clean
technology companies in North America, announced Mark Slaughter, RigNet CEO &
President.

Rankings are based on the percentage of fiscal year revenue growth during the
five-year period from 2004 through 2008, during which RigNet grew a total of
1,226 percent.

Slaughter credits the company`s tremendous success with its engineering prowess,
leading-edge networks, and global positioning of people and assets, which
deliver industry-leading customer satisfaction. "RigNet continues to focus on
overall growth strategies in the midst of this economic downturn. We proudly
accept this award, as it demonstrates the tremendous value the oil and gas
industry receives from RigNet`s business model of managed communications
solutions, allowing customers to focus on their core activities of finding and
producing oil and natural gas," Slaughter said.

RigNet has earned a spot on Deloitte`s Technology Fast 500 list each year since
2006, making 2009 the company`s fourth consecutive year to receive the award.
RigNet ranked 117, 128, and 23 in 2008, 2007, and 2006, respectively. Earlier
this year, RigNet was named to Inc. Magazine's annual list of fastest-growing
private companies in America with a ranking of 452.

Technology Fast 500 Selection and Qualifying Criteria

The Technology Fast 500 provides a ranking of the fastest-growing technology,
media, telecommunications, life sciences and clean technology companies in North
America. This ranking is compiled from nominations submitted directly to the
Technology Fast 500 website, and public company database research conducted by
Deloitte LLP. Technology Fast 500 award winners for 2009 are selected based on
percentage fiscal year revenue growth during the five-year period from 2004 to
2008. In order to be eligible for Technology Fast 500 recognition, companies
must own proprietary intellectual property or proprietary technology that
contributes to a significant portion of the company's operating revenues. Using
other companies' technology or intellectual property in a unique way does not
satisfy this requirement. Consulting companies and professional service firms
are not eligible unless they have proprietary technology that contributes to a
significant portion of their operating revenues.

Technology Fast 500 award eligibility requirements include base-year operating
revenues of at least $50,000 USD or CD, and current-year operating revenues of
at least $5 million USD or CD. Additionally, these revenues must have more than
doubled between 2004 and 2008. Also, companies must be in business for a minimum
of five years, and be headquartered within North America.

About RigNet, Inc.

RigNet, Inc. is a leading global provider of managed communication services
exclusively to the oil and gas industry - bringing premier communications,
networking and collaboration services to provide global reach, superior
performance and maximum reliability for offshore rigs, land rigs and remote
office locations. The Company holds the prestigious Cisco Powered Network
designation, meeting the most stringent standards for network reliability and
performance, and was recently named one of America`s fastest-growing private
companies as ranked in Inc. Magazine`s distinguished Inc. 500. RigNet has
worldwide installations throughout 34 countries and six continents, spanning the
global drilling and production industry. Based in Houston, Texas, RigNet has
offices in Brazil, Malaysia, Nigeria, Norway, Qatar, Saudi Arabia, Singapore,
United Arab Emirates, United Kingdom and throughout the United States. For more
information, please visit www.rig.net.

The Padgett Group
Kim Padgett, +1-713-590-3771
Kim@thepadgettgroup.com
or
RigNet
Boyd Skelton, +1-281-674-0111
media@Rig.Net

Copyright Business Wire 2009