C2SAT SIGNS DISTRIBUTION AGREEMENT WITH PROFEN LTD. IN TURKEY

(NGM:C2ST)

Stockholm, Sweden, 03 June 2010 – C2SAT (NGM-Stock Exchange, C2ST), a supplier of stabilized VSAT antennas for the maritime market, today announced that it has signed a non-exclusive agreement for distribution, service and installation with Profen Ltd., based in Turkey.

“Profen is an established organisation in the communications industry and C2SAT will be able to benefit from their competence to supply complete communications solutions to their customers at sea. The agreement will particularly strengthen C2SAT’s presence in the Eastern Mediterranean", says Fredrik Nygren, CEO at C2SAT.

C2SAT has, during the second quarter 2010, delivered one (1) Ku – Band Antenna to Profen Ltd.

About Profen

Profen Ltd. established in 1995 and headquarted in Istanbul , is a global communications company providing complete solutions for end-to-end telecommunications. Profen provides satellite terminals and associated network services for shipborne, airborne and terrestrial solutions to commercial and governmental markets around the world. (www.profen.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 additional information, please contact:

Ulf Sundqvist, Head of Sales at C2SAT

Dalvägen 16, SE-169 56 Solna, Sweden

Tel: +46 8 7059 531, ulf.sundqvist@C2SAT.se

Lars Davås, CFO & Investor Relations

Dalvägen 16, SE-169 56 Solna, Sweden

Tel: +46 8 7059 513, lars.davas@C2SAT.se