HISPASAT Expands Broadband Satellite-Based Network With Additional SkyEdge II
System From Gilat
Expansion Supports Spanish Government's Avanza 100% Consumer Broadband Access
PETAH TIKVA, Israel, March 20, 2013 (GLOBE NEWSWIRE) -- Gilat Satellite
Networks Ltd. (Nasdaq:GILT), a worldwide leader in satellite networking
technology, solutions and services, today announced that Spanish satellite
operator HISPASAT is expanding its broadband satellite-based network with an
additional SkyEdge II system. The new contract marks the third segment
expansion of the network launched in 2011 in support of the Spanish
government's Avanza 100% broadband access program.
The SkyEdge II system will support thousands of new broadband users residing
in under-serviced areas across Spain expected to join the network by the end
of this year.
"The ongoing success of this project is made possible thanks to the strong
partnership Gilat and HISPASAT have developed collaborating on this national
initiative," said Pedro Pinto Marin, Director Broadband Services at HISPASAT.
"The flexibility embedded in Gilat's SkyEdge II system allowed us to offer our
customers residing in under-serviced areas a true alternative for broadband
access both in terms of performance and price."
As part of the network, Gilat's SkyEdge II system supports 32APSK Adaptive
Coding and Modulation transmission to maximize space segment efficiency.
Combined with the beam capabilities of HISPASAT's 1E satellite, the network
can boast speeds of up to 100 Mbps per 36 MHz transponder. This is a key
feature for providing high quality services for the residential sector at
prices low enough to rival those offered by terrestrial networks.
"We are delighted to have been awarded this opportunity to strengthen our
relationship with HISPASAT. Their satellite engineering excellence coupled
with Gilat's innovative technology has proved that efficient and optimized
VSAT solutions can be applied to the residential internet access market," said
Aharon Fuchs, Gilat's Regional Vice President Europe. "We look forward to
applying our combined expertise to other markets across the world, and to
leveraging new Ka-band frequencies as they become available."
The HISPASAT Group is comprised of companies with a presence in Spain as well
as Latin America, where its Brazilian affiliate HISPAMAR operates the Amazonas
fleet of satellites. The Group is the leading satellite communications
operator in the broadcast and distribution of content in Spanish and
Portuguese, including the transmission of the major Direct to Home (DTH) and
High Definition digital television platforms. HISPASAT is one of the world's
largest companies in the sector by revenue and the main communications bridge
between Europe and Latin America.
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
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
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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
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