Petah Tikva, Israel, November 26, 2014 — Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that its Satcom Innovations Russia 2014 event, which was held at the Marriott Moscow Grand Hotel on November 25th, was well attended by delegates from government agencies and private enterprises as well as leading telecommunications companies and systems integrators.
The event’s keynote address was delivered by Prashant Butani, Senior Analyst at Northern Sky Research (NSR), who spoke about how the satellite communications industry is responding to the growing need for broadband services throughout the world. He cited specific examples of satellite solutions for broadband being implemented in developing regions in Latin America, Asia and Africa.
Mark Kaner, Head of Israel’s Economic and Trade Mission in Russia, discussed how the growing commercial cooperation between Russia and Israel is not only strengthening the bonds between the two countries, but also contributing to stability in the Middle East and, therefore, to the rest of the world.
Yossi Gal, Vice President Sales Operations, Gilat, and Mikhail Pykhov, CTO of Gilat Eurasia, Russia, presented Gilat’s latest innovations, including the Company’s SkyEdge II-c Libra satellite-cellular hybrid terminal, which allows MNOs to leverage their existing infrastructure to provide reliable fixed broadband without congesting their network, SkyEdge II-c Capricorn, the ultra-fast TDMA VSAT, and SatTrooper, the innovative manpack tactical satcom terminal. This presentation was followed by a lively question and answer period conducted by Alexander Klimov, CEO of Gilat Eurasia, Russia
“Not only is Gilat a thought-leader in the global satcom industry, it is also the only vendor with a full, operating office in Russia,” concluded Gregory Litinsky, Regional Vice President of Eurasia, Gilat. “We believe we can be more effective and more responsive because we speak your language.”
About Gilat Gilat Satellite Networks Ltd (NASDAQ, 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 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 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.
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