Gilat Expands Military Customer Portfolio With Southeast Asian Navy Contract
(GlobeNewswire Via Acquire Media NewsEdge) PETAH TIKVA, Israel, Dec. 18, 2012 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq:GILT), a worldwide leader in satellite networking technology, solutions and services, today announced it was selected by a Southeast Asian Navy to upgrade its ground operations with IP-based satellite communications system.
As part of the contract, Gilat will deliver redundant SkyEdge II hubs, RF transmission capability and VSAT terminals that offer increased bandwidth efficiency throughout the Navy units. The increased bandwidth will allow enhanced connectivity to the Internet, video and other high-speed, broadband services while also enabling strategic military communications on board the Navy's mobile vehicles.
Gilat already supplies satellite communication solutions to the country's Air Force and Central Command.
"Gilat's SkyEdge II solution was selected for its advanced bandwidth utilization capabilities, a crucial commodity for any navy operating on limited and restrictive allocation of bandwidth resources," said Stephane Palomba, Regional VP for Asia, Gilat. "The IP-based terminals will reduce expensive dial-up lease costs while equipping the Navy with affordable and highly efficient access to a broader range of communication applications enhancing their operational readiness."
Gilat is a veteran supplier of maritime and ground satellite based communication systems for military organizations around the globe. Its SkyEdge II system is designed and optimized for broadband communications via satellite supporting data, VoIP and video applications - an excellent solution for broadband IP networks with high-speed inbound requirements.
Gilat Satellite Networks Ltd (Nasdaq:GILT) (TASE:GILT) is a leading provider of products and services for satellite-based broadband communications. Gilat develops and markets a wide range of high-performance satellite ground segment equipment and VSATs, with an increasing focus on the consumer and Ka-band market. In addition, Gilat enables mobile SOTM (Satellite-on-the-Move) solutions providing low-profile antennas, next generation solid-state power amplifiers and modems. Gilat also provides managed network and satellite-based services for rural telephony and Internet access via its subsidiaries in the United States, Peru and Colombia.
With over 25 years of experience, and over a million products shipped to more than 85 countries, Gilat has provided enterprises, service providers and operators with efficient and reliable satellite-based connectivity solutions, including cellular backhaul, banking, retail, e-government and rural communication networks. Gilat also enables leading defense, public security and news organizations to implement advanced, on-the-move tactical communications on board their land, air and sea fleets using Gilat's high-performance SOTM solutions. For more information, please visit us at www.gilat.com.
The Gilat Satellite Networks Ltd. logo is available a http://www.globenewswire.com/newsroom/prs/ pkgid=5848
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.
CONTACT: David Leichner
Gilat Satellite Networks
+1 516 478 9697
Source: Gilat Satellite Networks Ltd.
2012 GlobeNewswire, Inc.
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