RigNet Builds More Momentum with Management Team Expansion

RigNet, Inc. announced key leadership appointments to its management team to help supervise and direct its rapid worldwide growth.

Lars Eliassen was promoted to vice president Americas, and will be responsible for the North and South American regions. Mr. Eliassen has served in marketing and operations management positions since he joined RigNet in 2002. Prior to RigNet, he was the director of marketing for Production Access and general manager of ADB Systems, both software companies in the energy industry.

Alan Frost joins RigNet as vice president of central operations and will be responsible for the Company's global engineering teams, network operations and provisioning. Mr. Frost has over 30 years experience in the oil field telecommunications industry. He joins RigNet from YR20, a telecom consulting firm where he was co-founder and executive vice president. Prior to YR20, Mr. Frost worked with Diverse Networks, CapRock and Schlumberger.

Curtis McGee also joins RigNet as vice president, business development. He will be working closely with RigNet's regional vice presidents and sales teams to drive new opportunities around the globe. Mr. McGee comes to RigNet with over 26 years of oil and gas experience with such companies as Amoco, Baker Hughes and Impact Selector. He has held sales, marketing, operations, management and business development positions around the world including Canada, India, China, Malaysia, Singapore, Indonesia, Kuwait, Tunisia, Italy, Norway as well as the United States.

Omar Kulbrandstad, chief executive officer of RigNet, Inc., commented, "We are extremely pleased to hire and promote these talented professionals. Our organizational and management changes reflect the tremendous growth we have experienced, and will further strengthen RigNet's presence around the world to capitalize on the significant opportunities we see on the horizon. We are also pleased that RigNet continues to attract the very brightest and most experienced industry professionals, given the high demand and competition for capable people in the oil and gas industry today."

Addressing the communications challenges faced by oil and gas companies today in remote locations, RigNet uses the leading satellite and networking technologies to provide a high-quality solution for broadband data, voice and video communications as well as real-time data management. RigNet installs, manages and supports communication systems without requiring its customers to invest in and manage expensive telecommunications equipment, enabling them to redirect valuable resources to their core businesses. RigNet real-time data management acquires, distributes and manages real-time and historical well site data.

RigNet, Inc. is a global provider of managed communication services exclusively to the upstream oil and gas industry. The Company holds the prestigious Cisco Powered Network designation, meeting the most stringent standards for network reliability and performance. RigNet has worldwide installations throughout 20 countries and 5 continents, spanning the global offshore drilling and production industry. Based in Houston, Texas, RigNet has offices in Louisiana, Singapore, Malaysia, UK, Norway, Nigeria, Qatar, UAE and Saudi Arabia.


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