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Nordnet Orders Gilat SkyEdge II-c HTS Consumer Kits for High-Speed Internet Access in France

PETAH TIKVA, Israel, Sept. 8, 2015 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ:GILT) (TASE:GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that Nordnet, a leading Internet service provider in France, ordered Gilat's SkyEdge II-c consumer kits for the delivery of high-speed Internet access to households throughout the country.

Gilat's SkyEdge II-c consumer kits will be part of Nordnet's "Star" package, which bundles together satellite-based Internet, telephone and TV services.

"Gilat is on excellent terms with our satellite operator, SES Broadband, which makes for a great partnership," commented Francis Piet, CEO of Nordnet. "It also offers the most cost-effective Ka-band, high-throughput consumer kit that is both simple to install and easy to use."

"We provide a higher quality user experience and significantly better service than the competition," added Assaf Eyal, Corporate VP and President of Gilat's Commercial Division. "Our value is significant, especially at HTS-based ISPs like Nordnet."

About Nordnet

Nordnet, a subsidiary of the Orange Group, provides a wide range of Internet solutions for private and professional use. Since 1995, the company has expanded its offering to include a range of solutions including antivirus, hosting, domain reservations, SEO and more.

Convinced that the Internet and its resources are fundamental building blocks for tomorrow's world, NordNet has adopted three core values:

  • Allow everyone to connect to Broadband Internet
  • Ensure a safe Internet experience, which is virus- and spam-free
  • Enable everyone to create their very own website

About Gilat

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 Peru and Colombia.

With over 25 years of experience, and over a million products shipped to more than 90 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. Gilat controlling shareholders are the FIMI Private Equity Funds. For more information, please visit us 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.

CONTACT: Gilat Satellite Networks Joelle Inowlocki JoelleI@gilat.com KCSA Strategic Communications Phil Carlson, Vice President (212) 896-1233 pcarlson@kcsa.com

Source:Gilat Satellite Networks Ltd.