DCC Upgrades to Gilat's SkyEdge Platform; Company to Release Third Quarter Earnings Report on November 14, 2005
November 07 2005 - 7:53AM
Business Wire
Gilat Satellite Networks, Ltd. (Nasdaq:GILTF) today announced DCC
Satellite Networks Ltd. of Nigeria has acquired Gilat's SkyEdge(TM)
hub and VSATs. The network is already deployed and fully
operational with a shared hub in Lagos and VSATs located throughout
Nigeria. This system enables DCC to provide broadband services to
enterprise, governmental and SME users and offer a variety of
service packages tailored to specific customers, such as banks, oil
companies and retail distributors. Executive Director of DCC, Mr.
Phillip Obioha, said, "Gilat's SkyEdge hub and VSATs provides us
with the ability to present new and enhanced services, not
available in other platforms, such as mesh IP data, toll quality
voice, VOIP, advanced VPN offerings with embedded acceleration and
optimized GSM backhaul connectivity. Having all this in one system
enabled us to offer multiple services on a single platform, thus
simplifying operations." Obioha added, "We have been working with
Gilat equipment since 1998 and due to the excellent track record
with both their products and support, we have chosen Gilat once
again." Janna Koretskaya, Gilat's Regional Vice President for
Africa, said "We are proud to be chosen once again by DCC in
providing our SkyEdge platform. DCC is an important Gilat partner
in Nigeria and we look forward to strengthening this cooperation."
Koretskaya added, "Gilat views Africa as one of the main regions
containing the highest growth for VSAT systems. The SkyEdge
platform is perfectly suited for the needs in this area, enabling a
wide range of applications, network topologies and services." About
DCC DCC, a subsidiary of The Computer Warehouse Group in Nigeria,
is a service provider specializing in VSATs, Metropolitan Area
Networks, Wide Area Networks, Local Area Networks and systems
integration. The Company has a network control hub situated in
Lagos, Nigeria. Visit DCC at: www.cwlgroup.net/company.htm or
e-mail: dcc.salesmen@cwlgroup.net About Gilat Satellite Networks
Ltd. Gilat Satellite Networks Ltd. (Nasdaq:GILTF) is a leading
provider of products and services for satellite-based
communications networks. The Company operates under two business
units: (i) Gilat Network Systems ("GNS"), a provider of network
systems and associated professional services to service providers
and operators and (ii) Spacenet, a provider of managed services for
businesses and governments through its Connexstar service brand,
for consumers through its StarBand service brand and for rural
communities through Spacenet Rural Communications. Gilat was
founded in 1987 and has shipped over 550,000 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 14 local offices and 3 service facilities worldwide. Gilat
markets the SkyEdge (TM) Product Family which includes the
SkyEdge(TM) Pro, SkyEdge(TM) IP, SkyEdge(TM) Call, SkyEdge(TM)
DVB-RCS and SkyEdge(TM) Gateway. In addition, the Company markets
numerous other legacy products. Visit Gilat at www.gilat.com
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.
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