C2SAT STRENGTHEN ITS POSITION IN SOUTHEAST ASIA

(NGM:C2ST)

Stockholm, Sweden, 18 August 2009 – C2SAT (NGM-stock exchange). The board of directors has decided to establish a subsidiary, C2SAT Asia Pacific Pte Ltd, based in Singapore, to enable a more forceful focus on the fast growing Southeast Asian markets. The growth of installed VSATs in the region was 30% in 2007 and accelerating growth is forecast for the coming years.

C2SAT Asia Pacific (Pte) Ltd will first and foremost focus on establishing a network of strong non-exclusive local distributors and service- and installation partners. In order to be a reliable supplier C2SAT must be able to offer high quality installation, service-, and maintenance support. It is therefore of strategic importance that C2SAT has now entered into agreements with both

Can Traders and Services (Pte) Ltd, Singapore, and Consilium Singapore (Pte) Ltd, Singapore, two established and recognized service organizations focused on the maritime sector with large regional coverage. Accordingly, C2SATs clients will have access to about 20 qualified service technicians. Both Can Traders and Services and Consilium Singapore will also, on a non-exclusive basis, market and sell C2SAT products.

C2SAT has also secured a continued close cooperation with PT AJN Solusindo in Indonesia, to which C2SAT has, previously through Maritime Communications Pty Ltd, delivered 6 C-band antenna systems. C2SAT has decided to terminate all corporation with Maritime Communication Pty Ltd, the exclusive distributor of C2SAT products since 2007 on the Southeast Asian markets together with Australia and New Zeeland, since Maritime Communications Pty Ltd has not fulfilled its commitments. Further deliveries of antennas will therefore be made directly to PT AJN Solusindo

and are expected to take place during the autumn of 2009.

C2SAT has also entered a Memorandum of Understanding with Fong´s Engineering and Manufacturing (Pte) Ltd, Singapore, a leading high precision engineering company in Singapore, regarding the establishment of local production of C2SAT antennas. Local production in Singapore will enable C2SAT to offer shorter lead times and more cost effective distribution in Southeast Asia. Furthermore, significant cost advantages in production are expected to be reached. Production in Singapore is forecast to be in place by latest first quarter 2010.

At the annual general meeting earlier this year, C2SAT presented a number of measurable targets; i.e, C2SAT should post at least 50 % sales growth quarter on quarter over the next two years, C2SAT should reach positive cash flow by latest 2010 and that C2SAT will, within two years, be established as one of three global VSAT antenna suppliers with a market share of 15 % of new installations.

”I am absolutely convinced that we will reach these targets. With a more forceful drive we will now have a a strong marketing- and service organisation in place in Southeast Asia, probably our most important geographic market”, says Fredrik Nygren, CEO C2SAT.

Fredrik Nygren continues; ” In addition to marketing advantages given by establishing a local subsidiary and a new network with more distributors in the region, it gives us the possibility to reduce production costs, especially the C-band antenna where we are highly competitive. A lot of work has been put into this and we are now well prepared and all parties engaged are ready”.

About Can Traders and Services Pte Ltd

Can Traders, incorporated in 1981 and based in Singapore, provides sales and various services to the marine industry in Southeast Asia. Can Traders provides solutions for communication- and navigation and offers turn-key solutions. Can Traders have various collaborations with their partners in most major ports of call and have established an international presence in Indonesia and Vietnam in order to be near customers and provide efficient services. (www.cantrade.com.sg)

About Consilium Singapore Pte Ltd

Consilium Marine Singapore Pte Ltd, (Consilium Singapore), has been incorporated within the Consilium group since 1998. Consilium is one of the world’s leading suppliers of fire and gas detection, navigation and emission monitoring systems for ships, property, transportation and the oil & gas industry. Consilium develops and markets products and systems for safety, environment and navigation. Products and systems are principally marketed toward shipbuilders and ship-owners as well as toward the oil and gas industry within Southeast Asia. (www.consilium.se)

About Fong’s Engineering and Manufacturing Pte Ltd

Fong´s, incorporated in 1982, is one of the leading high precision engineering companies in Singapore with production facilities in Singapore and Nantong, China. The company offers state-of-the-art manufacturing technologies to global customers. With over 70 CNC high tech precision machines and a new 10,000 square feet assembly business unit, 270 employees are manufacturing and assembling High-End Mechanical, Electro-Mechanical and Opto-Mechanical components, modules or systems for the Bio-Medical, Aerospace, Electronics and Optics Industries. (www.fongspl.com.sg)

About C2SAT

C2SAT headquartered in Solna, Sweden, and with a BSO in Shanghai, China, 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. (www.C2SAT.com)

For additional information, please contact:

Fredrik Nygren, CEO, C2SAT

Tel: +46 8 748 01 40

Dalvägen 16, SE-169 56 Solna, Sweden

fredrik.nygren@C2SAT.se

www.C2SAT.com