C2SAT SIGNS DISTRIBUTION AGREEMENT WITH BCOM OFF SHORE IN LEBANON

(NGM:C2ST B)

Stockholm, Sweden, 17 Feb 2010 – C2SAT (NGM-Stock Exchange, C2ST), a supplier of stabilised VSAT antennas for the maritime market, today announced that it has signed a non-exclusive agreement for distribution, service and installation with BCom Off Shore SAL, based in Lebanon.

“BCom is an established organisation in the VSAT industry and C2SAT will be able to benefit from BCom’s experience to operate globally. The agreement will significantly strengthen C2SAT’s ability to satisfy the demand for installation- and support services related to our products in the Middle East and Africa", says Fredrik Nygren, CEO at C2SAT.

About BCom

Headquartered in Beirut, Lebanon, and subsidiaries in Switzerland, BCom specializes in providing, engineering services related to system integration, installation, support and maintenance of a wide range of satcom systems from different manufacturers to telecommunication companies, private organizations, humanitarian and international NGO's having intervened in over than 70 countries spanning 4 continents as far as Nicaragua in Latin America to Indonesia in Asia. (www.bcomsat.com)

About C2SAT

Headquartered in Solna, Sweden, with a subsidiary in Singapore, and a Business Support Office 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 additional information, please contact:

Ulf Sundqvist, Head of Sales at C2SAT

Dalvägen 16, SE-169 56 Solna, Sweden

Tel: +46 8 748 01 40, ulf.sundqvist@C2SAT.se

Lars Davås, CFO & Investor Relations

Dalvägen 16, SE-169 56 Solna, Sweden

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