C2SAT RECEIVES AN ORDER FOR 7 C-BAND ANTENNAS FROM CHINA

(NGM: C2ST B)

STOCKHOLM, SWEDEN, May 06 2009 – C2SAT (NGM Stock Market Exchange, C2ST)

C2SAT has since it terminated its cooperation with CETC23-C2SAT in December 2008 worked actively in order to establish a new presence in China covering both local production and sales. As part of this process C2SAT has, in cooperation with the Swedish Trade Council, in March 2009 established a representative office in Shanghai, a so called Business Support Office (BSO), which today has 3 employees, a senior technician, a service engineer and a senior Swedish project manager. Together with group management this team is working intensively with establishing a new cooperation partner in China. As a result of ongoing discussions in China C2SAT has received an order for seven C2SAT 2.4m C-band antennas for delivery of a period of 6 months, the company’s largest single order to date.

For more information:

Fredrik Nygren, CEO

Telephone: +46-(0)8 748 01 40 or e-mail fredrik.nygren@C2SAT.se

About C2SAT

C2SAT headquartered in Solna, Sweden, is a Swedish company developing, manufacturing, marketing and selling innovative stabilised VSAT antenna systems used in two-way satellite broadband communication from vessels in motion. The system is protected by a series of global patents. C2SAT holding AB is listed on the NGM Stock Market Exchange with the ticker C2ST and with Mangold as Market Maker. C2SAT is a registered trademark.