Solar Powered Sky-Edge II VSAT Solution to Provide Broadband
                  Internet and Telephony Services

PETAH TIKVA, Israel, July 10, 2012 (GLOBE NEWSWIRE) -- Gilat Satellite
Networks Ltd. (Nasdaq:GILT), a worldwide leader in satellite networking
technology, solutions and services, today announced that it has been
selected by Cable & Wireless Panama (C&W), Panama's largest
telecommunications operator, to provide a Sky-Edge II broadband network
that will be used to deliver broadband Internet and telephony
connectivity nationwide.

Cable & Wireless Panama has partnered with Gilat since 2005, providing
satellite based services utilizing Gilat's SkyEdge and SkyEdge II
products with over 1,300 sites now in operation. The network enables
Panamanians to access Internet applications such as interactive
learning, as well as telephony services.

The current network expansion includes solar powered VSATs as well as
installation, maintenance and operation of the Sky Edge II hub
equipment and VoIP gateways. The solar-powered solution will be
supported by new outbound capacity from Telesat's TelStar 11N.

"Our decision to select Gilat once again to support us in our endeavor
to provide a robust satellite network in Panama is a clear vote of our
confidence in their tremendous track record with C&W over the years.
Gilat's ability to provide a bandwidth efficient, end to end solution,
coupled with their support to operate the central hub activities, has
allowed us to ensure that broadband connectivity, even at the most
remote locations, is of the highest quality and reliability for our
customers," said Jorge Nicolau, CEO of Cable & Wireless Panama.

Commenting on the expansion award Russell Ribeiro, Gilat's Regional
Vice-President of Latin America said, "We are proud of our long-lasting
partnership with C&W. This project is another testament to Gilat's
ability to address the special requirements of operators as they are
tasked with providing reliable communication services in challenging
environments."

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
adaptability to environmental conditions and satellite space segment
capacity for both the inbound and outbound channels, the platform
allows service providers to offer higher performance voice and
broadband data services across urban and rural locations.

About Cable & Wireless Panama

Cable & Wireless Panama (CWP) is the country's market leader in the
provisioning of fixed, mobile and broadband services. The Company is
also a major supplier of pay-TV and enterprise services. For more
information, please visit: www.cwpanama.com

About Gilat

Gilat Satellite Networks Ltd (Nasdaq:GILT) (TASE:GILT) is a leading
provider of products and services for satellite-based broadband
communications. Gilat develops and markets a wide range of
high-performance satellite ground segment equipment and VSATs, with an
increasing focus on the consumer and Ka-band market. In addition, Gilat
enables mobile SOTM (Satellite-on-the-Move) solutions providing
low-profile antennas, next generation solid-state power amplifiers and
modems. Gilat also provides managed network and satellite-based
services for rural telephony and Internet access via its subsidiaries
in the United States, Peru and Colombia.

With over 25 years of experience, and over a million products shipped
to more than 85 countries, Gilat has provided enterprises, service
providers and operators with efficient and reliable satellite-based
connectivity solutions, including cellular backhaul, banking, retail,
e-government and rural communication networks. Gilat also enables
leading defense, public security and news organizations to implement
advanced, on-the-move tactical communications on board their land, air
and sea fleets using Gilat's high-performance SOTM solutions.

For more information, please visit us 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: David Leichner
         Gilat Satellite Networks
         +1 516 478 9697
         davidl@gilat.com