GlobeNewswire
2010-09-07
Network to Provide Service for Critical Applications in Five
East African Countries
Gilat Satellite Networks Ltd. (Nasdaq:GILT) today announced it has been
selected by Kenya Commercial Bank (KCB) to provide a SkyEdge II
broadband satellite network.
KCB is a leading commercial banking group in East Africa with branches
and ATMs in Kenya, Uganda, Tanzania, Rwanda and Southern Sudan. KCB
will use the new VSAT network for primary enterprise connectivity as
well as back-up for branches with existing terrestrial connectivity.
iWayAfrica, the largest satellite broadband provider in Africa is
partnering with Gilat and will be providing the installation and
maintenance of the VSAT equipment as well as the space segment for the
network. iWayAfrica, previously known as Afsat, has over 15 years of
experience in building VSAT networks in Africa, and deliver their
satellite service to a substantial customer base of corporates and
banks.
The SkyEdge II system meets KCB's mission-critical application
requirements, including high-speed connectivity for banking
applications, voice over IP telephony, and high-throughput file
transfers. Advanced Quality of Service (QoS) is used to prioritize and
ensure that the required network resources are available.
"Gilat's advanced SkyEdge II platform offers us cutting-edge technology
for our advanced banking needs," said Dr. Tony Githuku, KCB's
Divisional Director of Information Technology.
"We are honored that KCB chose to use iWayAfrica to help support the
new VSAT network," said Job Ndege, General Manager, iWayAfrica
Services. "We value the long-standing relationship with KCB and the
confidence KCB has in iWayAfrica as a Wide Area Network (WAN) and WAN
Support Services partner."
"We are confident that our proven technology combined with the support
from our new partner, iWayAfrica, will allow KCB to benefit from the
increased availability and high-speed connectivity of this new
infrastructure," said Nir Korman, Gilat's Regional Vice President,
Africa.
About Gilat SkyEdge II
Gilat's SkyEdge II is a multi-service platform enabling the delivery of
high-quality voice, broadband data and video services for diverse
environments including enterprises, rural networks, cellular backhaul
and government network applications. SkyEdge II is a standards-based
system using DVB-S2 and DVB-RCS. With better efficiencies and full
adaptivity for both the inbound and outbound channels, it provides
higher performance that serves the growing requirements of end-users.
Gilat's diverse portfolio of SkyEdge II VSATs are all supported by a
unified platform, offering service providers the most suitable product
for their application needs as well as the flexibility to evolve their
networks.
About Kenya Commercial Bank
KCB is the leading commercial banking group in East Africa, with 212
branches and more than 370 ATMs in Kenya, Uganda, Tanzania, Rwanda and
Southern Sudan. For more information, please visit www.kcbbankgroup.com
About iWayAfrica Limited
iWayAfrica, previously Afsat, is the leading Pan African provider of
converged ICT solutions, has its headquarters in Mauritius and has
subsidiaries in Kenya, Uganda, Tanzania, Zambia, Ghana, Zimbabwe,
Namibia and Nigeria. iWayAfrica distributes its satellite service
through a network of 41 distributors in over 30 countries across the
African continent. For more information, please visit
www.iwayafrica.com
About Gilat Satellite Networks Ltd.
Gilat Satellite Networks Ltd. 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. Visit Gilat at 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.
Robert Bell
+972-3-925-2472
robert@gilat.com