Gilat Satellite (NASDAQ:GILTF)
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From Jun 2019 to Jun 2024
Gilat Satellite Networks, Ltd. (Nasdaq:GILTF) today
announced that Dr. Leora Meridor was elected to serve as an external
director by the Company's special meeting of shareholders. Dr. Meridor
will serve in this position for a term of three years and until her
respective successor is duly elected and qualified.
Dr. Leora (Rubin) Meridor has served as the chair of the board of
Bezeq International since January 2001. She also currently serves as a
board member of Teva Pharmaceutical Industries Ltd. and is chair of
the board of Walla Comm. Ltd. since February 2001. Between 2001 and
2004, Dr. Meridor served as chair of the board of Poalim Capital
Markets Ltd. Between 1996 and 2000 Dr. Meridor served as Senior Vice
President, Head of Credit & Risk Mgmt. Div. of the First International
Bank. From 1992 to 1996 Dr. Meridor served as Head of Research at the
Bank of Israel. Dr. Meridor has a Ph.D in Economics.
The shareholders meeting also approved the nomination of Mr.
Amiram Levinberg, Chairman of the board of directors, to serve, as the
Company's Chief Executive Officer, as is required by the Israel
Companies Law. All other issues announced in the proxy statement of
August 30 2005, were approved by the shareholders at the special
meeting.
About Gilat Satellite Networks Ltd.
Gilat Satellite Networks Ltd. (Nasdaq: GILTF) is a leading
provider of products and services for satellite-based communications
networks. The Company operates under two business units: (i) Gilat
Network Systems ("GNS"), which is a provider of network systems and
associated professional services to service providers and operators
and (ii) Spacenet, which provides managed services for businesses and
governments through its Connexstar service brand, for consumers
through its StarBand service brand and for rural communities through
Spacenet Rural Communications.
Gilat was founded in 1987 and has shipped over 550,000 Very Small
Aperture Terminals (VSATs) to more than 80 countries across six
continents. Gilat's headquarters is located in Petah Tikva, Israel.
The Company has 14 local offices and 3 service facilities worldwide.
Gilat markets the SkyEdge(TM) Product Family which includes the
SkyEdge(TM) Pro, SkyEdge(TM) IP, SkyEdge(TM) Call, SkyEdge(TM) DVB-RCS
and SkyEdge(TM) Gateway. In addition, the Company markets numerous
other legacy products. Visit Gilat at www.gilat.com
Certain statements made herein that are not historical are
forward-looking within the meaning of the Private Securities
Litigation Reform Act of 1995. The words "estimate," "project,"
"intend," "expect," "believe" and similar expressions are intended to
identify forward-looking statements. These forward-looking statements
involve known and unknown risks and uncertainties. Many factors could
cause the actual results, performance or achievements of Gilat to be
materially different from any future results, performance or
achievements that may be expressed or implied by such forward-looking
statements, including, among others, changes in general economic and
business conditions, inability to maintain market acceptance to
Gilat's products, inability to timely develop and introduce new
technologies, products and applications, rapid changes in the market
for Gilat's products, loss of market share and pressure on prices
resulting from competition, introduction of competing products by
other companies, inability to manage growth and expansion, loss of key
OEM partners, inability to attract and retain qualified personnel,
inability to protect the Company's proprietary technology and risks
associated with Gilat's international operations and its location in
Israel. For additional information regarding these and other risks and
uncertainties associated with Gilat's business, reference is made to
Gilat's reports filed from time to time with the Securities and
Exchange Commission.