Gilat Provides Two SkyEdge Hubs to Tatanet India; New Systems to Serve Financial Organizations, Corporations, Media Houses and R
06 September 2005 - 11:05PM
Business Wire
Gilat Satellite Networks Ltd. (NASDAQ: GILTF) announced today that
it was chosen by Tatanet India, a division of Nelco Ltd., to
provide two SkyEdge(TM) hubs located in Mumbai and thousands of
SkyEdge IP VSATs. The hub deployment has already begun and an
initial amount of VSATs were installed at customer locations
throughout India. Gilat's SkyEdge systems will operate over
Extended C-band (XC) and Ku-band satellites. With these new
systems, Tatanet can better serve the company's wide range of
customers, which includes stock brokers, banks, corporate customers
and media houses. SkyEdge's unique system topology combines Star
and Mesh capabilities over the same platform and allows for the
seamless addition of new applications, such as telephony. The new
systems are capable of the simultaneous handling of a multiple
satellites network, traffic encryption and management of private
networks. These capabilities allow Tatanet to use the same hub for
various clients and applications, while securing the privacy of
each client. In addition, the systems' advanced modulation schemes,
Turbo Coding and 8PSK, allow for up to 30% more exploitation of the
space segment as compared to the standard DVB-S modulation scheme.
Thus, new systems enable Tatanet to further reduce its operational
and capital expenses. Mr. Zal, Engineer, Executive Director at
Tatanet, said, "We were extremely impressed with the capabilities
of the new SkyEdge platform. The platform's versatility allows us
to offer a wide range of services to various customers and to meet
the unique requirements of the market, ranging from the corporate
and enterprise segments through to the SME/SOHO, POS, SCADA, stock
broking and rural markets." Zal added, "Gilat's innovative
solutions for incorporating Star, Mesh and telephony capabilities
over a single platform coincide with our vision. They are the
corner- stones for cutting-edge satellite communication
technology." Mr. Giora Reish, Gilat Associate Vice President, Sales
and Marketing, Asia said, "We are very proud that Tatanet, a
leading service operator in India, chose us to provide our SkyEdge
networks. Gilat looks forward to addressing the Enterprise, SME and
SOHO markets in India. We feel that this will be a huge opportunity
for both companies." About Tatanet The Tatanet division of Nelco
was founded in December 1995 primarily with a view to providing
effective & reliable wireless broadband connectivity through
VSATs to Tata Group of companies. Tatanet made a foray in the
commercial market in the year 2003. Within a short span of time,
Tatanet has made significant inroads in the existing VSAT market
offering its services under the umbrella brand Tata Indicom, for
comprehensive telecom solutions from the house of Tata's. The
networking solutions from Tatanet address communication needs
across all verticals such as the Automobile, Pharmaceuticals,
Manufacturing and Distribution, FMCG, Banking, Finance and
Insurance, Travel, Tourism and Hospitality, Media and event
management. With a robust infrastructure, an all India direct
Customer support network, an effective escalation process, 24 -
hour help desk facility, commitment for quality initiatives such as
TBEM - Tata Business Excellence Model and TL 9000, and a team of
handpicked professionals from the industry, Tatanet is clearly
emerging as the fastest growing VSAT service provider in the
nation. Visit Tatanet at www.tataindicomvsat.com 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
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. Gilat was founded in 1987 and has shipped over
550,000 Very Small Aperture Terminals (VSATs) to more than 80
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.
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