Gilat Satellite Networks Receives DVB-RCS Compliance Certification from the SatLabs Group.PETAH TIKVA, Israel -- Gilat Satellite Networks Gilat Satellite Networks is a publicly-traded Israeli company (NASDAQ: GILT. TASE) Gilat designs, develops and markets satellite and hybrid networking products, services and solutions to operators in 85 countries. , Ltd. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : GILTF) announced today that its SkyEdge DVB-RCS DVB-RCS Digital Video Broadcasting - Return Channel Via Satellite VSAT (Very Small Aperture satellite Terminal) A small earth station for satellite transmission that handles up to 56 Kbits/sec of digital transmission. VSATs that handle the T1 data rate (up to 1.544 Mbits/sec) are called "TSATs. has received the SatLabs Group Certificate of Compliance, confirming its fulfillment of the DVB-RCS standard and ability to interoperate with other DVB-RCS based satellite equipment. Gilat is the first large FSS FSS Federal Supply Service (US General Services Administration) FSS Flight Service Station FSS Family Self-Sufficiency FSS Fixed Satellite Service FSS Forensic Science Service (Great Britain) VSAT vendor who has been certified by SatLabs. Xavier Lobao, Chairman of the SatLabs Group, said, "It is an important phase within the SatLabs Qualification Program to have Gilat, a leading VSAT provider, prove its commitment to the DVB-RCS standard by successfully completing our compliance process. One of the key success factors of DVB-RCS in the market place is its acceptance by the major VSAT vendors. Thus, Gilat's compliance of the SkyEdge DVB-RCS VSAT is a move in a positive direction towards the success of DVB-RCS." Erez Antebi, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Gilat Network Systems Gilat Network Systems, a business unit of Gilat Satellite Networks of Israel, provides satellite networks and professional services, including turnkey solutions and outsourcing, to operators worldwide. Its main offering is the SkyEdge VSAT satellite communications system. , said, "We are pleased to have successfully completed the SatLabs DVB-RCS qualification process. In addition to complying with the DVB-RCS standard, our SkyEdge DVB-RCS VSAT also benefits from the longevity of Gilat's experience, unique established solutions and ability to offer a full array of enhanced features. The SkyEdge DVB-RCS VSAT is a member of our SkyEdge family of products, bundling interactive data, broadband IP and carrier-grade VoIP on the same system." 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 GNS GEOnet Names Server (NIMA) GNS Global Network Services (INMARSAT) GNS Guinea Franc GNS Get Nearest Server (component of IPX and SAP) GNS Global Navigation System "), a provider of network systems and associated professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. to service providers and operators and (ii) Spacenet, a provider of managed services An umbrella term for third-party monitoring and maintaining of computers, networks and software. The actual equipment may be inhouse or at the third-party's facilities, but the "managed" implies an ongoing effort; for example, making sure the equipment is running at a certain quality for businesses and governments through its Connexstar service brand, for consumers through its StarBand service brand and for rural communities through Spacenet Rural Communications Spacenet Rural Communications is a Gilat Satellite Networks business unit providing rural Internet and telephony services primarily in Latin America. . 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 About SatLabs Group The SatLabs Group is an international, not-for-profit association whose members are committed to bringing the deployment of the DVB-RCS standard to large-scale adoption. SatLabs membership is comprised of service providers, satellite operators, system integrators, terminal manufacturers and technology providers with an interest in DVB-RCS. The main objective of the SatLabs Group is to ensure interoperability among DVB-RCS terminals and systems and the availability of solutions for interoperability testing and certification. Another objective of the Group is to achieve lower user terminal cost by means of exploiting commonalities among different systems, defining and developing common critical components and technologies, and defining common practices and recommendations. www.satlabs.org The standard compliance and interoperability tests of the SkyEdge DVB-RCS VSAT were carried out by Cetecom, the appointed third party Qualification Laboratory of the SatLabs Group. Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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 (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and 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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