PETAH TIKVA, Israel, June 17, 2014 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq:GILT) (TASE:GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that its Capricorn LTE backhauling solution completed tests on Thaicom's IPSTAR satellite. Gilat presents Mobile Network Operators with the opportunity to economically deploy LTE sites at speeds similar to terrestrial links, while maintaining excellent user experience. The solution can be used to expand coverage where no fiber exists or as an interim solution, until fiber is deployed. In both cases, SkyEdge II-c Capricorn presents a viable business case that cannot be achieved by SCPC modem technology, due to the high peak-to-average ratios of LTE networks. "We see the growth of LTE as a great opportunity for us with the Capricorn. It is the fastest TDMA VSAT in the market, with unprecedented data rates," said Erez Antebi, Chief Executive Officer of Gilat. "LTE backhaul requires extremely high rates, together with bandwidth sharing, to reduce operational costs, and we can provide this today." Come to our hospitality suite HIBISCUS 3610/3710, Level 3 at CommunicAsia 2014 to see the Capricorn VSAT. SkyEdge II-c Capricorn is the first VSAT in the market that leverages multiple-core ARM technology to perform acceleration and encryption at LTE speeds, 200Mbps speeds, enabling over 30K PPS, with low power and a small footprint. Based on 3GPP standards, it works with any standard LTE base station. 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 85 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. For more information, please visit us at www.gilat.comCertain 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: Phil Carlson / Vincent G. Piazza, KCSA email@example.com / firstname.lastname@example.org 1 (212) 896 1233 / 1289 Doron Elinav , Gilat Satellite Networks DoronE@gilat.com +97239252648