SeaMobile® and MTN Satellite Services Names Jeanne Prayther Chief Financial Officer

MIRAMAR, Fla.--(BUSINESS WIRE)--SeaMobile, Inc. and its MTN Satellite Services subsidiary, the leading provider of satellite communications services to the maritime industry and remote locations throughout the world, have named Jeanne Prayther as Chief Financial Officer.

“Jeanne has made an enormous contribution to the company in the 15 months since she joined us. We have improved on the company’s financial processes and accuracy, sped up the production of financial statements, and reduced costs”

Previous to her appointment as CFO, Prayther has served as the company’s Chief Accounting Officer. SeaMobile has become an industry leader in mobile satellite services offered through its MTN Satellite Services subsidiary. The company is privately held and is backed by a number of highly regarded investors, including Ignition Partners, Chart Capital Partners and Steelpoint Capital Partners.

“Jeanne has made an enormous contribution to the company in the 15 months since she joined us. We have improved on the company’s financial processes and accuracy, sped up the production of financial statements, and reduced costs,” said Jonathan Weintraub, Chief Executive Officer of SeaMobile and MTN Satellite Services. “She has also been a key member of the senior management team and has been acting as CFO since October 2008. I’m pleased that the Board has agreed to make that role official.”

Prayther is a CPA with over 21 years experience in the accounting industry. Before joining MTN, she was an accounting executive for various public companies, including Levitt Corporation, Mastec and Daleen Technologies, where she was responsible for all SEC reporting and compliance, contract reviews, Sarbanes Oxley compliance and financial analysis. Previously, she worked at KPMG LLP in the Boston and Miami offices, where she served audit clients in all industries. In addition to being the senior manager on various sized audit clients, she was involved in many initial public offerings and performed due diligence procedures for acquisitions.

“This is an outstanding company. I look forward to helping the company in its next stage of growth and ensuring that the policies, processes and financial position of the company will help support that growth,” said Prayther.

Prayther graduated from Bentley College in Waltham, Mass.

About MTN Satellite Services, a SeaMobile Company

MTN Satellite Services, a SeaMobile Company, is the leading global service provider of at-sea communications, connectivity and content services. The Company is based in Miramar, Fla. Our global VSAT satellite communications network offers the reliability that only “Always On – Always Available” systems can provide. More than 500 vessels worldwide, including most cruise ships, government and military vessels, private yachts, ferries, offshore drilling and production sites, and commercial ships depend on our voice and data networks to keep people connected anywhere in the world. Our premier services include remote access for Internet, fixed and mobile phones, fax, television, on-board newspapers, banking services, direct payroll deposit for crew and other enterprise solutions. For more information, visit www.mtnsat.com.