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Spacenet Awarded Multi-Year Contract with One of the World’s Leading Delivery Service Organizations

  Spacenet Awarded Multi-Year Contract with One of the World’s Leading
  Delivery Service Organizations

      Managed Network Service Firm to Provide Cost-effective, High-speed
              Connectivity to More than 5,700 Service Locations

Business Wire

MCLEAN, Va. -- February 12, 2013

Spacenet Inc.®, a wholly owned subsidiary of Gilat Satellite Networks Ltd.
(Nasdaq: GILT), and a leading provider of managed network and data security
services announced today that it 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, 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

Contact:

Spacenet Inc.
Rosemary Blum, 703-245-6415
Rosemary.Blum@spacenet.com
 
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