Gilat Satellite Networks Ltd. (Nasdaq:GILT) today announced it will
provide Incomnet with a Gilat SkyEdge broadband satellite communications
network to serve end users throughout Mongolia. Incomnet is one of
Mongolia’s largest telecommunications service
providers.
Incomnet will use the new VSAT network to provide toll-quality telephony
to rural citizens, meeting its Universal Service Obligations. The
network will also provide interactive data networking to selected
Mongolian government agencies and businesses, particularly those in the
financial-services sector. Incomnet is a long-standing Gilat customer,
having deployed Gilat VSAT networks nationwide since 2001.
“After evaluating competing VSAT offerings, we
determined that Gilat’s SkyEdge network best
met our technology requirements for Mongolia’s
demanding telephony and data applications,”
said Incomnet CEO Dr. Sanjaa Ganbaatar. “We
expect that our ongoing relationship with Gilat will help us build our
customer base and continue to provide superior telecommunications
services. In the future, we expect to deploy Gilat’s
SkyAbis satellite-based cellular backhaul solution to meet the needs of
Mongolia's cellular operators."
Arie Rozichner, Gilat’s regional vice
president, Eurasia, said, “This new contract
with Incomnet demonstrates their continued confidence in our advanced
satellite communications technology and their satisfaction with our
dedicated customer support. We look forward to a long relationship with
Incomnet and the opportunity to bring the most efficient, reliable
communications systems to the citizens and government agencies of
Mongolia.”
Gilat’s SkyEdge is a satellite communications
system that delivers high-quality voice, broadband data and video
services over a powerful unified system. SkyEdge represents Gilat’s
extensive knowledge base and field-proven product offering, acquired
through two decades of experience. SkyEdge’s
flexible architecture and efficient space segment utilization make it an
ideal platform for operators and service providers.
About Incomnet
Incomnet was founded in 2001 to deploy broadband VSAT networks
throughout Mongolia for public telephony and interactive data networking
applications. The Company also provides IT consulting services and
cooperates with local and international consulting organizations. For
more information, please visit www.icn-mn.net.
About Gilat Satellite Networks Ltd.
Gilat Satellite Networks Ltd. (Nasdaq: GILT) is a leading provider of
products and services for satellite-based communications networks. The
Company operates under three business units: (i) Gilat Network Systems
("GNS"), which is a provider of network systems and associated
professional services to service providers and operators worldwide; (ii)
Spacenet Inc., which provides managed services in North America for
businesses and governments through its Connexstar service brand and for
consumers through its StarBand service brand; (iii) Spacenet Rural
Communications, which offers rural telephony and Internet access
solutions to remote areas primarily in Latin America.
Gilat was founded in 1987 and has shipped over 670,000 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 markets the SkyEdge ™ and
SkyEdge II Product Family which includes the SkyEdge Pro, SkyEdge IP,
SkyEdge Call, SkyEdge DVB-RCS and SkyEdge Gateway. In addition, the
Company markets numerous other legacy products.
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.
