Gilat Expands Its Market Leadership in Kazakhstan with Four New Contracts for High-Speed Satellite Communications Networks
02 February 2006 - 12:03AM
Business Wire
Gilat's SkyEdge Network Brings a Next Generation Broadband IP
Platform to Private Firms and Public Agencies Gilat Satellite
Networks Ltd. (Nasdaq: GILTF) today announced it has expanded its
market leadership in Kazakhstan by signing contracts to deploy
broadband satellite networks for four of that country's leading
telecom operators. Gilat's SkyEdge VSAT networks will bring
dependable, high-speed data networking to government agencies,
banks and energy companies. These four new contracts total close to
1,000 VSATs. With the addition of these new networks, nearly 3,500
Gilat VSATs are deployed throughout Kazakhstan. The majority of all
telecom operators in Kazakhstan now deploy Gilat satellite
equipment. -- Technoservice Lyuks Ltd., a newly established
satellite communications operator, will deploy SkyEdge VSATs for a
nationwide network to support telephony and high-speed Internet
access for corporate applications. -- Jarykh Ltd. was the first in
Kazakhstan to deploy the SkyEdge VSAT network, which will be used
for enterprise-wide data applications. In 1998, Jarykh became one
of the first companies in Kazakhstan to deploy Gilat VSATs. -- JSC
Astel is deploying its first SkyEdge VSAT hub in Almaty, with VSATs
throughout Kazakhstan for the mining sector, banking and other
corporate networking applications. Astel now operates more than
1,100 Gilat VSATs and expects to deploy its second SkyEdge system
in Astana in early 2006. -- JSC Kazakhtelecom, the country's
largest telecommunications operator, will deploy a network of
SkyEdge VSATs throughout the territory for Internet access,
always-on data communications and telephony for schools, banks,
government institutions and mining companies. When its current
deployment is completed, Kazakhtelecom will operate more than 1,300
Gilat VSATs. Kazakhtelecom President Khairat Karibzhanov said,
"Over the years, Gilat's continually evolving VSAT technology has
consistently helped us serve Kazakhstan's enterprises, institutions
and private users. The unified SkyEdge product family gives us the
scalability, flexibility and modularity to meet our customers'
needs in the most efficient manner possible." Arie Rozichner,
Gilat's Regional Vice President for EurAsia, said, "Kazakhstan is
noted for some of the world's harshest terrain and most severe
weather conditions. Our IP-optimized VSAT technology has proven to
be a dependable method for bringing cost-effective, high-speed
data, Internet and telephony services to the country's citizens,
enterprises and institutions. We look forward to continuing our
market leadership in Kazakhstan and serving the country's
government agencies and service providers." 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 in North
America, managed services for businesses and governments through
its Connexstar service brand, for consumers through its StarBand
service brand and offers rural telephony and internet access
solutions to remote areas mainly in Latin America via Spacenet
Rural Communications. Gilat was founded in 1987 and has shipped
over 550,000 Very Small Aperture Terminals (VSATs) to more than 85
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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