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Wednesday, February 29, 2012

O3b Networks Assigns Regional Vice President for the Middle East and Asia-Pacific Regions

JERSEY, Channel Islands - Wednesday, February 29th 2012 [ME NewsWire]

(BUSINESS WIRE)-- O3b Networks the developer of a new fiber-quality, satellite-based, global connectivity solution, announced today the appointment of Mr. Imran Malik, as Regional Vice President for the Middle East and Asia-Pacific regions.

Prior to joining O3b, Imran was CEO of Supernet Limited, holding this position for seven years. Supernet is the leading data network services provider in Pakistan with over 200 corporate customers. As CEO of Supernet, Imran was instrumental in growing the company. In the past five years the revenue had increased three-fold while profitability also grew substantially. Supernet has now emerged as a dominant player in the Data Communications market in Pakistan.

Imran is based in Singapore and will be leading our efforts in the Middle East and Asia-Pacific regions to bring low cost, high speed connectivity to areas that are currently underserved by fiber or beholding to expensive GEO solutions.

“I am thrilled to have Imran leading our regional development team and being a part of O3b. With over 20 years experience and an exceptional industry record, I couldn’t be more confident about the positive impact he will make. Imran has extensive regional knowledge of both the Middle East and South East Asia markets, understanding well the specific regional requirements,” said John Finney, CCO, O3b Networks Limited.

“I am delighted to have the opportunity to be part of this ground-breaking satellite solution; it’s an exciting future ahead for us and our customers. I am looking forward to ensuring customers build the best business plan for their regions and take full advantage of our capacity”, said Imran Malik, VP Middle East and Asia Pacific.

With the recent addition of four new satellites to the constellation and the announcement of partnerships with industry leading vendors including General Dynamics’ SATCOM Technologies, Comtech EF Data Corporation and Gilat Satellite Networks, O3b is moving confidently in to the future.

ENDS

About O3b Networks Limited

O3b Networks is building a new fiber-quality, satellite-based, global Internet backbone for telecommunications operators (telcos) and Internet service providers (ISPs) in emerging markets. The O3b Networks system will combine global reach and the speed of a fiber-optic network. With investments and operational support from SES, Google, Liberty Global, HSBC Principal Investments, Northbridge Venture Partners, Allen & Company, Development Bank of Southern Africa, Satya Capital, Sofina and Luxempart, the O3b system will provide telcos and ISPs with a low-cost, high-speed alternative to connect their 3G, WiMAX and fixed-line networks to the rest of the world. This will allow billions of consumers and businesses in 177 countries to benefit from high-speed Internet connectivity for educational, medical and commercial applications. O3b Networks’ headquarters is in St. John, Jersey, Channel Islands.

This press release is for informational purposes only and is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration. Any public offering of securities to be made in the United States will be made by means of a prospectus that may be obtained from the issuer and that will contain detailed information about the issuer and management, as well as financial statements. The company does not intend to register any part of the present offering in the United States.

Contacts

O3b Networks Limited

Luisa Sorrentino, VP, Marketing Communications

0031 629508524

luisa.sorrentino@o3bnetworks.com

www.o3bnetworks.com

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