Melbourne Beach, Florida – January 18, 2013 –CSnet International, Inc. (CSnet) is pleased to announce a Service Level Agreement with Radius Oceanic Communications, Inc. (Radius) to connect CSnet's existing Offshore Communications Backbone (OCB) to the POSEIDON System. As an anchor tenant on POSEIDON, CSnet will be able to provide their scientific and government customers with secure, low-latency broadband oceanographic, seismic, and metocean data. Radius' POSEIDON is a high capacity undersea cable system that will provide advanced telecommunications facilities to the offshore oil and gas industry in the Eastern Mediterranean region.

The Offshore Communications Backbone is a modular seafloor communications network that is deployed in 2,000 meter water depths, and is directly connected to the Internet. Clients can provide and control their own sensors and data outputs, or CSnet can provide a suite of sensors from the surface to the seafloor with data directly forwarded to the client’s onshore facilities.

The POSEIDON system will extend for some 800 km from two shore landings in Cyprus, with the OCB creating a self-healing ring that borders the Cypriot EEZ, enveloping the offshore oil and gas lease blocks established for development by the Republic of Cyprus. Through the POSEIDON system, Radius will offer managed broadband services on a subscriber basis to offshore exploration, production and support facilities in the Eastern Mediterranean.

“CSnet is extremely pleased to have reached agreement with Radius for this new and important expansion of OCB capabilities,” said Leonard Whitlock, General Manager for CSnet International. “POSEIDON will enable CSnet to provide near-real time data to our customers in the Mediterranean region. Our partnership with Radius will enable us to provide a robust, and reliable communication data path for our customers.”

Radius' President, Jim Byous, stated that "we are pleased to reach this crucial agreement with CSnet that will allow the POSEIDON to be installed earlier than planned. We believe that POSEIDON will provide critical infrastructure for the scientific and offshore industries for decades to come as the Eastern Mediterranean deep water developments mature".

About CSnet International, Inc.
CSnet was formed in 2008 to provide broadband oceanographic, metrological, and hydrographic data services to science, government and industry. To deliver these services, CSnet operates the Offshore Communications Backbone in the Eastern Mediterranean, an Ocean Observing System with fiber optic cable, multi-port nodes, and near-real time communications, which allows clients worldwide access to data and sensors specifically for their needs. For more information, please visit http://www.csnetinternational.com

About Radius Oceanic Communications, Inc.
Radius is a communications provider formed to offer broadband communications to the offshore oil and gas industry worldwide. The Radius team consists of leading industry professionals in the fields of undersea fiber optic telecommunications engineering, development and operations. The Radius project development team has participated in leading roles in the development of offshore oil and gas undersea fiber projects in West Africa, the Gulf of Mexico and the Asia Pacific regions since 2000. For more information, please visit http://www.radiusocean.com

Nicosia, Cyprus – Oct. 29, 2012 – Radius Oceanic Communications, Inc. (Radius) and the Cyprus Telecommunications Authority (Cyta) are pleased to announce the commencement of the POSEIDON project. POSEIDON is a high capacity undersea cable system that will provide advanced telecommunications facilities to the offshore oil and gas industry in the Eastern Mediterranean region.

The POSEIDON system will extend for some 800 km from two shore landings in Cyprus, creating a self-healing ring that borders the Cypriot EEZ, enveloping the offshore oil and gas lease blocks established for development by the Republic of Cyprus. Radius has teamed with Cyta, which provides landing facilities and collocation services at its cable stations in Pentaskhinos and Yeroskipos. Through the POSEIDON system, Radius will offer managed broadband services on a subscriber basis to offshore exploration, production and support facilities in the Eastern Mediterranean.

Cyta is the leading telecommunications provider in Cyprus, providing the full spectrum of electronic communications services ranging from fixed and mobile telephony to Internet service provision and broadband applications. Cyta, through its strategic business unit Cytaglobal, is particularly active in the area of undersea cable systems, providing wholesale products and services on a global basis, and has established Cyprus as a regional telecommunications hub in the Eastern Mediterranean. Through Cyta's telecommunications hub, Radius will be able to provide its offshore customers with secure, low-latency broadband connections to key locations worldwide.

On the conclusion of high-level bilateral meetings in Nicosia, Cyta and Radius teams were received by His Excellency the Minister of Commerce, Industry & Tourism, Neoklis Sylikiotis, overseeing all offshore energy development by the Republic of Cyprus, who has expressed his support for the POSEIDON system, and the co-operation between the parties.

"Cyta is extremely pleased to have reached agreement with Radius for this new and important project for Cyprus. POSEIDON will enable Cyta to play an important role in providing state-of-the-art telecommunications facilities to the developing energy sector in the Eastern Mediterranean region. Our partnership with Radius will allow offshore exploration, production and support facilities to reach the world, through Cyta's telecommunications hub." said Mr. Stathis Kittis, Chairman of Cyta's Board of Directors.

Radius' President, Jim Byous, stated that "we are honored to be welcomed by the Cypriot government and by our partner Cyta to undertake a project that we believe will provide critical infrastructure for the offshore industry for decades to come as the Eastern Mediterranean deep water developments mature".

About Radius Oceanic Communications, Inc.
Radius is a communications provider formed to offer broadband communications to the offshore oil and gas industry worldwide. The Radius team consists of leading industry professionals in the fields of undersea fiber optic telecommunications engineering, development and operations. The Radius project development team has participated in leading roles in the development of offshore oil and gas undersea fiber projects in West Africa, the Gulf of Mexico and the Asia Pacific regions since 2000. For more information, please visit http://www.radiusocean.com.

About Cyta
Cyprus Telecommunications Authority (Cyta) is the primary telecommunications provider in Cyprus. Its product portfolio covers the whole spectrum of electronic communications ranging from fixed and mobile telephony to internet service provision and broadband applications. Cyta, through its strategic business unit Cytaglobal, is particularly active in the area of undersea cable systems, providing wholesale products and services on a global basis, and has established Cyprus as a regional telecommunications hub in the Eastern Mediterranean. To learn more about Cyta and Cytaglobal, please visit http://www.cytaglobal.com.