Gilat Reaches a Milestone - 30 SkyEdge Hubs and 10,000 VSATs; Introduces SkyEdge Basic Hub for Small Networks
11 August 2005 - 11:30PM
Business Wire
Gilat Satellite Networks Ltd. (Nasdaq:GILTF) today announced that
it has shipped more than 30 SkyEdge(TM) commercial hubs and more
than 10,000 SkyEdge VSATs worldwide. The SkyEdge system represents
a new approach to VSAT-based networks. This system is based on the
concept of a single scalable hub that serves a variety of market
segments. The SkyEdge hub is available in various configurations to
support a wide range of networks, from small networks, consisting
of a few tens of sites, to large networks that include tens of
thousands of sites. These networks can be operated in either a
dedicated or a shared hub environment. The SkyEdge hub supports a
family of VSATs tailored for various applications such as
broadband, VoIP, video, trunking and others. In addition, the
SkyEdge platform supports both Star and Mesh topologies. This
single hub allows the operator to simultaneously serve various
customers, while providing security, Quality of Service (QoS) and
management for each, as well as true network segregation. SkyEdge's
unique system architecture enables network operators to provide
specific services to different end customers from a single hub. The
SkyEdge VSATs represent a highly integrated and reliable "single
box" solution, providing "all embedded" VPN, HTTP and TCP
acceleration, VoIP and Mesh capabilities. Thus, the SkyEdge
offering allows for a reduction in the capital expenses and
resources required for the operation of separate networks. In
addition, SkyEdge's advanced access scheme, 8PSK modulation and
Turbo Product Code (TPC) provide outstanding space-segment
efficiency that reduce operating expenses. These attributes can
make the SkyEdge the lowest TCO (total cost of ownership) VSAT
network presently available. As part of the SkyEdge offering, Gilat
has introduced the SkyEdge Basic Hub, designed to meet the needs of
small network operators. This hub addresses the need for a simple
low-cost entry-level hub, capable of supporting IP centric traffic
for up to 200 VSATs. Based on scalable and versatile architecture,
the Basic Hub can be upgraded in capacity and features to a Basic
Redundant Hub and a Full Scale Hub, as the need arises. Tal
Meirzon, Vice President Marketing and Business Development of Gilat
Network Systems said, "We are very proud of SkyEdge's market
acceptance. Within a very short time, it has become Gilat's
flagship product. SkyEdge systems have been deployed with customers
in Australia, India, Turkey, Brazil, Russia, Kazakhstan, Nigeria
and in other locations." Meirzon added, "the SkyEdge concept
derives from our constant commitment to reducing Total Cost of
Ownership for satellite network operators. Gilat's understanding of
evolving market needs has driven us to create an attractive
solution for small networks, in addition to our traditional large
network solutions. We are providing our customers with innovative
solutions to support their growing business needs." 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"), 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.
Founded in 1987, Gilat has shipped over 550,000 Very Small Aperture
Terminals (VSATs) to more than 80 countries across six continents.
Headquartered in Petah Tikva, Israel, the Company has 14 local
offices and three 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.
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