Petah Tikva, Israel, November 24, 2014 — Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that it signed agreements to provide SkyEdge II-c terminals to three ISPs subscribing to SES Broadband Services’ Astra Connect service offering.
Italy’s RDN, Switzerland’s incumbent Swisscom and the UK’s Europasat are distributing Astra Connect Internet services via satellite to enterprise and consumer users in their respective markets.
“The number of ISPs that have signed up for our Astra Connect service using Gilat and other equipment is gaining momentum and represents excellent opportunities for future growth,” stated Patrick Biewer, Managing Director of SES Broadband Services.
“Gilat satellite broadband technology offers ISPs the opportunity to deliver high-speed performance and flexible service differentiation,” commented Erez Antebi, Gilat’s CEO. “In addition, the platform features advanced, cost-effective self-install functionality and Virtual Network Operation (VNO) capabilities that help ISPs manage their customers more effectively.”
About SES Broadband Services SES Broadband Services, a 100% owned affiliate of SES (NYSE Euronext Paris and Luxembourg Stock Exchange: SESG), provides high-speed broadband solutions via satellite. The SES Broadband service was introduced in 2007 and is marketed via distribution partners in Europe, the Middle East and Africa.For further information on residential services please visit www.ses-broadband.com or www.ses.com/broadband-services for business applications.
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 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.
Gilat Satellite Networks
KCSA Strategic Communications
Phil Carlson, Vice President