The SOIL Network Expands to Houston

RigNet, Inc. is expanding its oil and gas industry network "SOIL" to Houston, Texas. The expansion is a key part of RigNet's ambitious growth strategy, which aims to bring SOIL ("Secure Oil Information Link") to the world's major international energy centers in order to support the increasing collaboration among operators, drillers, and service companies in the oil and gas industry. The new network node in Houston will connect to the other two backbone SOIL nodes located in the cities of Stavanger, Norway and Aberdeen, Scotland, as the next step in creating the first-ever global partner network for the industry.

Mark Slaughter, President & COO of RigNet, says: "We have been committed to expanding the SOIL network for some time, and as Houston is one of the world's most dynamic centers for the oil and gas industry, it makes perfect sense for the next SOIL node to be placed here. We are tremendously excited about the opportunities ahead, especially given the level of support and interest that we have already received from companies based in the area."

The SOIL network was originally founded in Norway to enable oil and gas companies to obtain greater flexibility when communicating with partners, service companies and suppliers, while ensuring a high level of security in a closed, member's-only network. The network was successfully expanded to the United Kingdom in 2005, creating the first North Sea wide network, and now has over 240 companies registered in the region.

The latest expansion of SOIL will enable companies in Houston to link with ease to their local partners and supply chain, and, as with the other SOIL nodes, link to members of any of the other international SOIL nodes. In addition to traditional networking capabilities, the new SOIL node in Houston will also support the collaboration tool SOIL Meeting, a service which enables high quality, high bandwidth video conferencing between external partner companies using the SOIL network. SOIL Hosting, an application hosting service to facilitate distribution of centrally hosted applications over the SOIL network, will also be available.

Mr. Slaughter concludes, "RigNet is completely focused on the development and improvement of the SOIL network, ensuring that it remains as relevant and essential to the oil and gas industry today as it was when it was conceived nine years ago. We are delighted to be able to bring this successful network to Houston, and have every confidence that our latest expansion will prove to be a successful one for our customers."