C2SAT RECEIVES FIRST ORDER FROM ORANGE BUSINESS SERVICES

(NGM:C2ST)

Stockholm, Sweden, 14th of January 2010 – C2SAT (NGM-Stock Exchange, C2ST), a supplier of

maritime VSAT antenna systems, today announced that it in line with earlier communicated information regarding the distribution agreement with Orange, has received the first initial purchase orders from Orange, totaling eight (8) C2SAT 1.2 m Ku-band antennas as part of two different projects. The first antennas will be delivered in January, with the remaining deliveries scheduled to be delivered during the first quarter of 2010.

About Orange

Orange is the key brand of France Telecom, one of the world’s leading telecommunications operators.

With 124.5 million customers, the Orange brand now covers Internet, television and mobile services in the majority of countries where the Group operates. Through its major international brands, including Orange, France Telecom provides businesses, consumers and other carriers with a complete portfolio of solutions that spans local and international telephony, wireless, Internet, multimedia, data, broadcast and cable TV services. Orange is the number three mobile operator and the number two provider of broadband Internet services in Europe and, under the brand Orange Business Services, is one of the world leaders in providing telecommunication services to multinational companies. France Telecom (NYSE:FTE) is listed on Euronext Paris (compartment A) and on the New York Stock Exchange.

(www.orange.com, www.francetelecom.com, www.orange-business.com)

About C2SAT

Headquartered in Solna, Sweden, with a subsidiary in Singapore, and a BSO in Shanghai, China,

C2SAT develops, manufactures and supplies innovative 4-axes stabilised VSAT antenna systems that provide

vessels in motion with on-line two-way satellite broadband communication. The system is protected by

a series of global patents. C2SAT holding AB (publ.) is listed on the NGM Stock Exchange with the

ticker C2ST and with Mangold as market maker. C2SAT is a registered trademark. (www.C2SAT.com)

For further information, please contact:

Fredrik Nygren, CEO, C2SAT

Dalvägen 16, SE-169 56 Solna, Sweden

Tel: +46 8 748 01 40, fredrik.nygren@C2SAT.se

Lars Davås, CFO & Investor Relations C2SAT

Dalvägen 16, SE-169 56 Solna, Sweden

Tel: +46 8 748 01 40, lars.davas@C2SAT.se

Michel Verbist, Product Manager Satellite Solutions,

Orange Business Services

190, avenue de France, 75653 Paris Cedex 13, France

Tel: +33 1 46 46 90 00, michel.verbist@orange-business.com