Gilat Satellite (NASDAQ:GILTF)
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Gilat's SkyEdge Network Brings a Next Generation Broadband IP
Platform to Private Firms and Public Agencies
Gilat Satellite Networks Ltd. (Nasdaq: GILTF) today announced it
has expanded its market leadership in Kazakhstan by signing contracts
to deploy broadband satellite networks for four of that country's
leading telecom operators. Gilat's SkyEdge VSAT networks will bring
dependable, high-speed data networking to government agencies, banks
and energy companies.
These four new contracts total close to 1,000 VSATs. With the
addition of these new networks, nearly 3,500 Gilat VSATs are deployed
throughout Kazakhstan. The majority of all telecom operators in
Kazakhstan now deploy Gilat satellite equipment.
-- Technoservice Lyuks Ltd., a newly established satellite
communications operator, will deploy SkyEdge VSATs for a
nationwide network to support telephony and high-speed
Internet access for corporate applications.
-- Jarykh Ltd. was the first in Kazakhstan to deploy the SkyEdge
VSAT network, which will be used for enterprise-wide data
applications. In 1998, Jarykh became one of the first
companies in Kazakhstan to deploy Gilat VSATs.
-- JSC Astel is deploying its first SkyEdge VSAT hub in Almaty,
with VSATs throughout Kazakhstan for the mining sector,
banking and other corporate networking applications. Astel now
operates more than 1,100 Gilat VSATs and expects to deploy its
second SkyEdge system in Astana in early 2006.
-- JSC Kazakhtelecom, the country's largest telecommunications
operator, will deploy a network of SkyEdge VSATs throughout
the territory for Internet access, always-on data
communications and telephony for schools, banks, government
institutions and mining companies. When its current deployment
is completed, Kazakhtelecom will operate more than 1,300 Gilat
VSATs.
Kazakhtelecom President Khairat Karibzhanov said, "Over the years,
Gilat's continually evolving VSAT technology has consistently helped
us serve Kazakhstan's enterprises, institutions and private users. The
unified SkyEdge product family gives us the scalability, flexibility
and modularity to meet our customers' needs in the most efficient
manner possible."
Arie Rozichner, Gilat's Regional Vice President for EurAsia, said,
"Kazakhstan is noted for some of the world's harshest terrain and most
severe weather conditions. Our IP-optimized VSAT technology has proven
to be a dependable method for bringing cost-effective, high-speed
data, Internet and telephony services to the country's citizens,
enterprises and institutions. We look forward to continuing our market
leadership in Kazakhstan and serving the country's government agencies
and service providers."
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 in North America, managed services
for businesses and governments through its Connexstar service brand,
for consumers through its StarBand service brand and offers rural
telephony and internet access solutions to remote areas mainly in
Latin America via Spacenet Rural Communications.
Gilat was founded in 1987 and has shipped over 550,000 Very Small
Aperture Terminals (VSATs) to more than 85 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.