Golden Corral selects Spacenet to provide broadband satellite network for its family-style restaurants
Buffet-grill restaurant segment leader chooses Spacenet’s Connexstar service to speed credit authorization, improve customer service
McLean, VA, July 23, 2003 - Spacenet Inc. today announced it has signed an agreement with Golden Corral Corporation to deploy Spacenet's Connexstar commercial-grade, broadband satellite service to its chain of Golden Corral family restaurants. Deployment is scheduled to begin immediately.
Connexstar CX-500 provides broadband IP connectivity and Internet access with industry-leading availability, performance and lifecycle economics. This service will be used by Golden Corral to run a broad range of IP-based applications including high-speed credit authorization, point-of-sale polling and web-based, back-office applications.
Golden Corral CIO Don Clark said, “While the Connexstar service enables us to deploy a wide range of applications, perhaps the most important immediate benefit will come from a significant improvement in the speed of point-of-sale credit authorization. Because our customers pay for their meals upon entering our restaurant, fast credit authorization is critical to ensure they are seated quickly. The dial-up method we currently use requires up to 28 seconds of wait time, but our restaurants using Connexstar will be able to secure credit authorizations in less than seven seconds. Just as important is Connexstar’s reputation for providing unmatched service availability and uptime. With all of our point-of-sale traffic relying on a single connection, we had to be certain we would have an extremely robust, reliable service provider – and that’s why we went with Connexstar.”
Spacenet Vice President of Sales and Marketing David Shiff said, “Our agreement with Golden Corral is the latest example of the strong adoption of our Connexstar service by progressive restaurant enterprises. These chains continue to select Connexstar over competing offerings because of its superior performance, reliability and economics. We’re extremely pleased to have been selected by Golden Corral and we are excited about the opportunity to help them enhance the operation of their business.”
About Golden Corral
Golden Corral Corporation, based in Raleigh, NC, has grown to a system of 470 restaurants – 352 franchised and 118 company operated. Nation's Restaurant News has ranked Golden Corral #1 in the grill-buffet segment for seven consecutive years and Entrepreneur magazine has named Golden Corral the #1 franchisor in the family steakhouse category for eight straight years. In 1998, Success magazine gave Golden Corral a perfect 5-Star rating for franchisee satisfaction, based on an independent survey.
Background on Spacenet’s Connexstar service
Connexstar provides commercial-grade, always-on broadband connectivity to multi-site enterprises of any size, anywhere in the continental United States. The service supports a wide range of business applications, including high-speed credit authorization, in-store licensed music, distance learning, content multicasting and secure private networking services all through a single, compact, remote access device incorporating advanced networking and routing functionality.
About Spacenet
Spacenet Inc. provides two-way satellite-based broadband networking solutions throughout North America under the Connexstar brand, and has more than 15 years’ experience in providing connectivity, provisioning, operations and maintenance to enterprise and government customers, including some of the largest satellite-based networks in the world. Spacenet is based in McLean, Virginia, and is a wholly owned subsidiary of Gilat Satellite Networks Ltd. Visit Spacenet at www.spacenet.com.
Spacenet Media Contact:
David Myers
Senior Vice President of Marketing and Corporate Development
(703) 848-1200
david.myers@spacenet.com
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