PeopleSoft selects Spacenet to provide a satellite-based interactive distance learning network

Spacenet's VSAT satellite network to enable PeopleSoft to offer interactive training to its customers throughout North America

McLean, VA, June 21, 1999 — Spacenet Inc. today announced that it was selected by PeopleSoft, Inc. (NASDAQ: PSFT) to provide a satellite-based network to enable PeopleSoft Knowledge Broadcasts, an interactive distance learning program designed to train customers on PeopleSoft's products. With 1998 revenues of $1.3 billion, PeopleSoft is one of the world's largest suppliers of enterprise application software and e-business solutions.

The Spacenet solution integrates Gilat's Skystar Advantage® Very Small Aperture Terminal (VSAT) network with specialized distance learning software to create an interactive training environment. The training software, TrainNet Pro™, is a product of Gilat Communications Ltd. (NASDAQ: GICOF), a company related to Gilat. TrainNet Pro is a PC-based training system combining live video and student/instructor interaction with Internet, email and online testing capabilities. Under the contract with PeopleSoft, the VSAT network will be operated and maintained from Spacenet's shared hub facilities.

In a separate announcement, PeopleSoft today formally introduced Knowledge Broadcasts and will begin installing the VSAT terminals this month at customer locations in business, education, and government market segments throughout North America.

"Spacenet's interactive distance learning solution provides PeopleSoft with an efficient and effective delivery channel for our Knowledge Broadcast series. With VSATs, we will be able to quickly introduce new product features in response to market requirements and support our customers through the PeopleSoft lifecycle, while reducing training-related travel time and expenses," said Joe DiDonato, Vice President of Education Services at PeopleSoft.

"Spacenet is excited about joining forces with PeopleSoft to provide a cutting-edge training network. The multicast and interactive features of our Skystar Advantage product, combined with the TrainNet Pro system, provide a cost-effective solution for interactive distance learning requirements," said Shelly Revkin, Spacenet President and Chief Operating Officer.

About Spacenet
With headquarters in McLean, Virginia, Spacenet Inc. is a wholly-owned subsidiary of Gilat Satellite Networks Ltd. of Petah Tikva, Israel. Spacenet provides a wide range of satellite communications networks and services to companies throughout North America. With the acquisition of Spacenet from GE Americom in December 1998, Gilat now offers a complete range of network services, including access to satellite transponder capacity, installation of network equipment, network monitoring and control, as well as maintenance and repair.

Spacenet Media Contact:
David Myers
Senior Vice President of Marketing and Corporate Development
(703) 848-1200
david.myers@spacenet.com