Omar Kulbrandstad joins SnapTV Board

Oslo/Houston, 20.06.2012 – We are pleased to announce that Omar Kulbrandstad was elected as board member by the Company’s annual ordinary general assembly in May.

Omar is a thirty-year veteran of the Oil and Gas industry. Omar is co-founder and former CEO of RigNet (NASDAQ: RNET) where he gained knowledge and experience building a technology business within Oil & Gas industry from the ground up. He has spent his career in different parts of the globe including the US, Europe, Asia-Pacific and the Middle East, establishing and growing successful teams. The first half of his career was with Schlumberger were he progressed from the field to various leadership positions. Omar brings a deep understanding of the global Oil & Gas industry with great understanding of cultural differences, operating conditions and business dynamics around the world. Omar is currently based in Houston, TX.

“Omar brings an entrepreneurial mindset and a high level of industrial knowledge to our Company,” says Hans Olav Torsen, Chairman of SnapTV. “His global expertise and insight into the maritime and offshore industries will be invaluable as we continue to grow our business and invest in enhancing our engagement with oil companies, rig contractors, ship owners, mining companies etc. around the world.”