SPEEDCAST ANNOUNCES THE SUCCESSFUL CLOSING OF A US$55,000,000 SENIOR SECURED CREDIT FACILITY

The proceeds of the Facility have financed SpeedCast’s acquisition of a 100% effective interest in Pactel International ("Pactel") and refinanced existing indebtedness held by TA Associates, SpeedCast’s controlling shareholder. Pactel is a leading satellite communications services provider based in Australia. The company offers Internet, private networking and voice services to a diverse group of customers, including large oil & gas operators, telecom companies, governments and multinational mining companies. Pactel is headquartered in Sydney, with offices in Perth, Australia and Jakarta, Indonesia.

The buyout of Pactel follows the November 2012 acquisition of Australian Satellite Communications and the January 2013 buyout of Netherlands-based Elektrikom Satellite Service.

The Facility was fully funded by ING Bank N.V., Singapore Branch, as Mandated Lead Arranger, Facility Agent and Security Agent, and programs advised by Partners Group on behalf of its clients and Siemens Financial Services, Inc. as Mandated Lead Arrangers.

Commenting on the success of the financing, Pierre-Jean Beylier, CEO of SpeedCast said "We are delighted to have on board ING, Partners Group and Siemens, three top tier financial partners. Together with TA Associates, this gives SpeedCast the potential to fund further growth, both organic and by acquisition, and to take advantage of opportunities as they arise."

About SpeedCast

SpeedCast is a leading global network and satellite communications service provider offering high-quality managed networks services in over 50 countries throughout Asia-Pacific, the Middle East, Europe and Africa; and a global maritime network serving customers worldwide. SpeedCast is owned and controlled by US entities. With 16 international sales & support offices and 29 teleport operations, SpeedCast has a unique infrastructure to serve corporate and carriers' requirements globally. SpeedCast has distinguished itself with a strong operational expertise and a highly efficient support organization, which are the foundation of SpeedCast's success. For more information, visit www.speedcast.com.

Contact:
For ING Bank N.V.: For SpeedCast:
Anita Yu Allen Schoonmaker
ING Bank N.V. SpeedCast Limited
+852 2913 8602 +852-3919-6826
anita.yu@asia.ing.com allen.schoonmaker@speedcast.com