Jun 13, 2018

RigNet Announces Addition to Executive Management Team

HOUSTON, June 13, 2018 (GLOBE NEWSWIRE) -- RigNet, Inc. (NASDAQ:RNET) announced today that Jackson Markley will join its executive management team as Vice President of Corporate Development

Mr. Markley will lead RigNet’s merger and acquisition activities and strategic partnerships in the continued pursuit of bringing complete communications and advanced analytic solutions to customers. In conjunction with his new role, Mr. Markley will support RigNet’s high-growth activities within the Middle East region.  He brings a unique perspective to his role, with ten years of experience implementing cutting-edge technologies into major oil and gas operators in Saudi Arabia and the GCC, and with seven years at Level 3 Communications. In these roles, he focused on building revenue-generating partnerships utilizing transformational technology and domain expertise. He holds a Bachelor of Arts from the University of San Diego and a Master of Business Administration from Columbia University.

“The addition of Jackson to our team builds upon RigNet’s continued commitment to enhancing our core communication services while providing our customers the innovative tools to bridge the digital transformation divide,” said Steven Pickett, Chief Executive Officer and President of RigNet.

About RigNet
RigNet (NASDAQ:RNET) is a global technology company that provides customized communications services, applications, real-time machine learning, and cybersecurity solutions that enhance customer decision-making and business performance. RigNet is headquartered in Houston, Texas with operations around the world.

For more information on RigNet, please visit www.rig.net. RigNet is a registered trademark of RigNet, Inc.

Media / Investor Relations Contact:
Jerri Dean
RigNet, Inc.
Tel: +1 (281) 674-0699

Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.  The opinions, forecasts, projections,benefits and synergies of the proposed transaction, future opportunities for the combined company and products, future financial performance and any other statements regarding RigNet’s future expectations, beliefs, plans, objectives, financial conditions, assumptions or future events or performance that are not statements of historical fact, are forward-looking statements within the meaning of the federal securities laws.  RigNet can give no assurance that such expectations will prove to have been correct.  These statements are subject to, among other things, the ability to successfully integrate the acquired business and to realize expected synergies and other risk factors that are discussed in RigNet’s most recent 10-K as well as RigNet’s other filings with the SEC available at the SEC’s Internet site (http://www.sec.gov).  Actual results may differ materially from those expected, estimated or projected.  Forward-looking statements speak only as of the day they are made, and we undertake no obligation to publicly update or revise any of them in light of new information, future events or otherwise.

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Source: RigNet, Inc.