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Gilat to Supply a Multinational Broadband Satellite Network for Lottery in Africa
GlobeNewswire 2010-04-14
PETAH TIKVA, Israel, April 14, 2010 (GLOBE NEWSWIRE) -- Gilat Satellite
Networks Ltd. (Nasdaq:GILT) today announced that it is providing a
multi-million dollar broadband satellite communications network for a
large gaming and lottery project in Africa.
The new network is being deployed to provide gaming and lottery
services to an initial 2,500 sites in several countries in West Africa,
including, the Ivory Coast, DRC and Senegal. Subsequent phases will
potentially increase the scope of the project to up to 10,000 sites and
will include additional countries in the region.
Modern gaming terminals require secure communications for their
operations. In addition, migrating to online services is usually based
on web technologies. VSAT networks provide an excellent solution for
lottery -- being both secure and providing very high availability --
even in the most difficult locations in Africa. VSAT technology enables
upgrading the network centrally to support additional online games and
services as these are added.
Nir Korman, Gilat's Regional Vice President, Africa, said, "As the
pioneer in satellite-based communications networks for lottery and
gaming, Gilat has extensive experience in providing reliable and
efficient solutions for this sector, and has delivered some of the
world's largest projects in this field. We are pleased to have been
chosen for this significant project and to continue to expand our
footprint in West Africa."
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.
Gilat's VSAT networks provide dependable, high-speed data networking to
government agencies, banks, energy companies and citizens at thousands
of sites throughout Africa, including Ethiopia, Kenya, Nigeria,
Namibia, Angola, Ghana, Cameroon, Senegal, Tanzania, and South Africa.
About Gilat Satellite Networks Ltd.
Gilat Satellite Networks Ltd. (Nasdaq:GILT) is a leading provider of
products and professional services for satellite-based broadband
communications networks worldwide. 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. Gilat's wholly-owned
subsidiary, Spacenet Inc., is a leading provider of managed services in
North America to the business and government segments.
For more information, please visit www.gilat.com.
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.
Media Contact:
Kim Kelly
+972-3-925-2406
Kimk@gilat.com
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