HOUSTON, Aug. 07, 2018 (GLOBE NEWSWIRE) — RigNet, Inc. (NASDAQ: RNET), a leading global communications service provider, today announced that it has signed an agreement with Singtel, Asia’s leading communications technology group, to provide customers globally with RigNet’s CyphreLink, the most sophisticated satellite and terrestrial encrypted network service on the market.
CyphreLink is an innovative cybersecurity service that provides fully encrypted location to location communications protection efficiently without impacting network latency or performance. The hardware-based encryption allows military-grade data security, with little to no overhead on the payload. CyphreLink prevents eavesdropping and will reduce the chance of a data breach.
“We are honored to partner with Singtel to bring CyphreLink to the region to enhance cybersecurity for their customers’ satellite links and terrestrial networks,” said Steven Pickett, CEO and President of RigNet. “We are committed to providing the industry’s finest end-to-end protection, whether at rest or in motion, and we look forward to helping our customers to achieve that objective.”
RigNet (NASDAQ: RNET) is a global technology company that provides customized communications services, applications, real-time machine learning, and cybersecurity solutions to enhance customer decision-making and business performance. RigNet delivers a digital transformation bundle that accelerates technology adoption and empowers customers to be always connected, always secure, and always learning. 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.
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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, future opportunities, 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 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.