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Gilat Receives Award Letter From Entel S.A. For Project Valued At Over $12 Million

PETAH TIKVA, Israel, Oct. 9, 2013 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq:GILT), a worldwide leader in satellite networking technology, solutions and services, today announced it has received a letter of award for equipment and services from Entel S.A., the largest telecom operator and satellite network operator in Bolivia.

Under the terms of the project, valued at over $12 million, Gilat will supply Entel S.A. with a SkyEdge II VSAT platform, including HUB and VSATs, Teleport, DTH and solar solutions. The project also includes professional services for the central site installation, project management and training.

The network is to be used for the Bolivian government's national digital inclusion initiative (PRONTIS) and will operate over the first Bolivian communications satellite, Tupac Katari, due to be launched in December 2013.

"We are very pleased to have received this new project award letter from Entel," said Erez Antebi, CEO of Gilat Satellite Networks. "With our established presence in Latin American and extensive experience deploying satellite networks for internet access, we believe that our reliable and flexible solution will ensure the success of this project."

Entel Bolivia is using Gilat technology in other projects, including a recent order to expand an existing SkyEdge II network for 3G cellular backhaul.  

About Entel Bolivia

Entel S.A. is Bolivia's largest telecom operator and the largest satellite network operator. Entel provides mobile, local, long distance public and rural telephony and Internet services. It is headquartered in La Paz, and is wholly owned by the Bolivian government.

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 the United States, Peru and Colombia.

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