Gilat's
Spacenet Awarded Multi-Year Contracts for Over 27,000
Lottery Sites
GLOBE NEWSWIRE
Jan. 31, 2011
Spacenet Expands Leadership Position in Lottery Market With
Awards for Texas and Illinois, Added to Previous Awards for
Indiana, Louisiana and Iowa
PETAH TIKVA, Israel, -- Spacenet Inc., a
wholly owned subsidiary of Gilat Satellite Networks Ltd. (Nasdaq:GILT),
and a leading provider of broadband network solutions for business,
industrial and government users, was selected to provide SkyEdge(TM)
broadband satellite terminals, deployment, operations and maintenance
to support state lotteries. The multi-year contract awards from the
past month include Texas and Illinois while Indiana, Iowa and Louisiana
were deployed earlier in 2010. The five networks, totaling almost
33,000 lottery sites in all, benefit from SkyEdge's efficient bandwidth
management, security and quality of service ideal for applications
requiring high availability and uptime such as lottery and gaming
networks.
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Spacenet has been supporting networks for the state gaming industry
for
almost twenty years. The company has established the trust of lottery
industry partners and state lottery agencies through an ongoing
commitment to the unique needs of the industry. Spacenet optimizes the
performance of lottery applications over satellite and provides VSAT
solutions tailored to the specific needs of the lottery market.
"Spacenet has worked with multiple gaming industry partners for almost
20 years, and we have some of the largest revenue generating lotteries
as our customers," said Spacenet CEO Andreas Georghiou. "We are focused
on providing the best VSAT-based networking solutions and Total Cost of
Ownership for lotteries across the continent, and look forward to
serving our new customers."
Spacenet solutions support all vendor lottery terminals and
applications including video based games and traditional non-video
games. Its operations and technology have the capability and track
record to support today's most advanced lottery applications and the
flexibility to host emerging games that will provide new sources of
revenue in the future.
Gilat announced previously in 2010 that it has been selected to provide
VSATs for lotteries in West Africa and in North Africa.
About Spacenet(R)
Founded in 1981, Spacenet Inc designs, develops, and manages wireline
and wireless broadband network solutions for U.S. based business,
industrial and government customers. Spacenet has a longstanding
tradition of industry leadership and innovation, and today, before
completion of the lottery network deployment, has more than 100,000
operational network endpoints for customers including many Fortune 500
companies and major government agencies. Spacenet offers a complete
product and services portfolio for applications ranging from primary
communications for corporate applications and secure data transfer, to
hot stand-by solutions for continuity of operations and network backup,
or field deployable solutions for disaster recovery and emergency
management. Spacenet Integrated Government Solutions, a division of
Spacenet Inc., develops networks and communications solutions for
agencies such as the Department of Defense, Homeland Security, the
Intelligence community and other government agencies requiring highly
secure, flexible solutions. Spacenet is based in McLean, Virginia, and
operates its own end-to-end services infrastructure including network
management, field services and teleport facilities in McLean, VA;
Atlanta, Georgia; and Chicago, Illinois. Spacenet is a wholly owned
subsidiary of Gilat Satellite Networks Ltd. (Nasdaq:GILT). Visit
Spacenet at http://www.spacenet.com
About Gilat
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
develops and markets an expansive range of broadband satellite
solutions including high-performance VSATs under the SkyEdge(TM) and
SkyEdge II brands, low-profile antennas for satcom-on-the-move, under
the RaySat Antenna Systems and the StealthRay(TM) brands and next
generation solid-state power amplifiers for mission-critical defense
and broadcast satellite communications systems under the Wavestream
brand. 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: Karen Mazor, Gilat Satellite Networks
T: +972 (0) 54 22 88 039
KarenM@gilat.com
Jon Douglas, Spacenet Inc.
T: +1 (703) 848 1221
jon.douglas@spacenet.com
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