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Gilat's Spacenet Awarded Multi-Year Contract With One of World's Leading Delivery Service Organizations

Gilat's Spacenet Awarded Multi-Year Contract With One of World's Leading
Delivery Service Organizations

Managed Network Service Firm to Provide Cost-Effective, High-Speed
Connectivity to More Than 5,700 Service Locations

PETAH TIKVA, Israel, Feb. 12, 2013 (GLOBE NEWSWIRE) -- Gilat Satellite
Networks Ltd. (Nasdaq:GILT), a worldwide leader in satellite networking
technology, solutions and services, today announced that its wholly owned
subsidiary Spacenet Inc.®, a leading provider of managed network and data
security services has been awarded a 5-year base contract by one of the
world's leading delivery service organizations to upgrade and provide network
connectivity to more than 5,700 locations. The contract, valued at over $20
million, includes an option to extend the 5-year base period of performance
for three further periods of 3-years for a total potential contract period of
14 years.

The contract is part of a major initiative to reduce overall operating costs
at the delivery service organization, while improving the user experience at
each location. The contract includes serving more than 1,900 sites with
broadband connectivity and more than 3,800 sites with satellite-based VSAT
technology.

"For more than a decade, Spacenet has provided a variety of managed network
services to this organization," said Spacenet President and CEO, Glenn Katz.
"Our knowledge and experience with satellite-based services long enabled our
client to provide high-speed connectivity at locations out of reach of
terrestrial networks. Now, like many organizations having geographically
disparate locations, this organization is embracing the expansion of
cost-effective broadband options all across the country and has selected
Spacenet as one of its vendors to achieve its goals. Our broad portfolio of
network offerings, industry relationships and technology-neutral approach
enables Spacenet to offer optimal solutions on a site-by-site basis."

Spacenet began its work on the contract upon signature, and expects its client
to realize benefits in cost savings and improved throughput, together with an
overall long-term lower total cost of network ownership. For more information
on how your organization can achieve similar benefits using Spacenet's Managed
Network Services, please visit Spacenet at www.spacenet.com, email
info@spacenet.com or call 1-866-480-2263.

About Spacenet®

Since 1981, Spacenet Inc. has designed, implemented and managed some of the
largest communications networks for US-based business, industrial and
government customers. Spacenet has a longstanding tradition of industry
leadership and innovation, and today manages communications at more than
160,000 locations for customers including many Fortune 500 companies and major
government agencies.

Headquartered in McLean, Virginia, Spacenet is a wholly owned subsidiary of
Gilat Satellite Networks Ltd. (Nasdaq:GILT). Visit Spacenet at
http://www.spacenet.com

About Gilat Satellite Networks Ltd.

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 mobileSOTM (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, LTD.
         +1 516 478 9697

Gilat Satellite Networks Logo
 
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