GlobeNewswire
2010-03-10
New Solutions Which Include Orbit Stabilized Antennas,
Already Successfully Deployed, Meeting the Demanding
Requirements of Customers
PETAH TIKVA, Israel and NETANYA, Israel, March 10, 2010 (GLOBE
NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq:GILT) and Orbit
Technology Group (TASE:ORBI) announced today that they have completed
integration for Satellite Communications On-The-Move (SOTM) solutions
to serve a wide range of industries.
The new SOTM solutions provided by Gilat includes its advanced VSAT
platforms with Orbit's Stabilized Satellite Communication Systems.
These serve the complex mobile communications requirements of the
ground and maritime markets.
Gilat is a leading provider of products and services for
satellite-based communications networks. Orbit is a recognized leader
in the development of advanced solutions for Stabilized Mobile
Satellite Communication and Tracking Antennas.
Recently, the integrated Gilat-Orbit SOTM solution was successfully
deployed by Kazakhstan Temir Zholy, the national railway company of
Kazakhstan. Gilat provided the integrated solution to enable the
delivery of broadband wireless services to train passengers,
representing the first satellite-based broadband service for train
passengers in the region.
Gilat's SkyEdge II VSATs together with Orbit's maritime antennas were
also deployed on offshore oil platforms, vessels and exploration sites
operated by China's CNOOC Oil Base Group.
Joshua Levinberg, Executive Vice President, Corporate Business
Development & Strategy, said, "We see the SOTM market as a growing
market and an important building block in our growth strategy. Orbit
has proven to be an excellent partner for efficient solutions in the
various SOTM markets. We look forward to continuing our relationship
with Orbit and to providing integrated solutions that meet the
demanding requirements of these important markets."
Avi Cohen, Orbit's President and CEO, said, "The market for SOTM
solutions is growing rapidly. The integration of our Stabilized
Satellite Communication Mobile SatCom systems with Gilat VSAT
technology creates an excellent SOTM solution for key markets. In
addition, Gilat's vast global network of experienced professionals
delivers the dedicated support required to ensure the success of our
joint solution."
Gilat's SkyEdge and SkyEdge II multi-service platforms enable the
delivery of high-quality voice, broadband data and video services for
different environments including enterprises, rural networks, cellular
backhaul and government network applications. Gilat's diverse portfolio
of VSATs offer service providers the most suitable product for their
application needs as well as the flexibility to evolve their networks.
The newest addition to Gilat's SkyEdge II portfolio is NetEdge(TM), a
dedicated solution for multi-star networks, specifically designed to
meet the needs of corporate networks and cellular-backhaul
applications.
Orbit's Satcom solutions enable satellite connectivity for Maritime,
Land and Airborne mobile platforms. With thousands of installations
worldwide, Orbit's marine Satcom solutions support global coverage in
all weather and sea conditions, providing uninterrupted broadband
satellite communication. OrSat-G, Orbit's flagship marine satcom
system, is type approved by Eutelsat, Intelsat and Anatel,
distinguishing itself as an optimal off-the-shelf solution,
ready-to-operate in Global-Ku voyages. The Satcom Train Antenna system
is a low-profile Ku-Band stabilized antenna system that enables
continuous satcom connectivity for high-speed trains traveling at
speeds of over 300 km/h.
About Orbit Technology Group
Orbit Technology Group develops, manufactures and supplies a wide range
of superior performance communication equipment solutions that are
intended both for military and commercial applications and are used by
leading global defense and commercial companies. Over 60 years
experience and thousands of installations in all five continents place
Orbit as a world leading provider of innovative Stabilized Satcom
Communication Solutions, Tracking Antenna Systems Solutions and Audio
Management solutions for Airborne, Marine and Ground vessels, in both
Commercial and Military applications. Orbit is a public company traded
on the Tel Aviv Stock Exchange with a worldwide sales and marketing
network which includes offices in the U.S., UK and Singapore, and with
comprehensive international technical support centers around the globe,
providing swift and reliable services. For more information, please
visit www.orbit-techgroup.com.
About Gilat Satellite Networks Ltd.
Gilat Satellite Networks Ltd. (Nasdaq:GILT) is a leading provider of
products and services for satellite-based communications networks. The
Company operates under three business units: (i) Gilat Network Systems,
a provider of network systems and associated professional services to
service providers and operators worldwide; (ii) Spacenet Inc., a
provider of managed services in North America to the business and
government segments; and (iii) Spacenet Rural Communications, a
provider of rural telephony and Internet access solutions to remote
areas primarily in Latin America.
Gilat was founded in 1987 and has shipped over 750,000 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 16 sales and service offices worldwide. Gilat markets a
full line of high-performance VSATs under the SkyEdge(TM) and SkyEdge
II Product Family.
The Gilat Satellite Networks Ltd. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=5848
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.
CONTACT: Gilat Satellite Networks Ltd.
Kim Kelly
+972-3-925-2406
Kimk@gilat.com
Orbit Technology Group
Elinor Behar
+972-3-5706527
elinor@oreet-marcom.com