AGCO Corporation selects Connexstar Service by Spacenet For Broadband Satellite Network For North American Dealer network

World’s third-largest agricultural equipment dealer uses Connexstar 500 service for Internet access and IP-based corporate applications

McLean, VA, October 29, 2003 — AGCO Corporation today announced it has chosen Spacenet's Connexstar service to provide Internet access and networking services to up to 1,500 AGCO sites in North America. Under the terms of AGCO's agreement with Connexstar channel partner Business Information Technology (BIT), deployment of Spacenet's Connexstar 500 VSAT networking service began at AGCO's dealer locations in April.

The Connexstar service enables AGCO to provide its dealers with a wide range of advanced broadband applications. These include instant access to equipment order, sales and advertising information; parts book and service information; online ordering functionality and other e-business tools.

"When we developed an advanced online application suite for our dealers, we knew that broadband connectivity was a critical piece of the project,” said John Hoffmann, Manager of NA Dealer Support Services. “Because our dealers are located in every corner of North America, fast, reliable broadband access that’s available virtually anywhere is critical for us – and that’s what Spacenet’s Connexstar delivers. AGCO evaluated a number of options for our dealer connectivity solution, and the Connexstar solution offered by BIT was the standout in terms of not only performance and reliability, but in its total value proposition as well."

Spacenet Vice President of Sales and Marketing David Shiff said, "Companies are increasingly relying on broadband connectivity to support their enterprise networking requirements. Connexstar service has proven to be an excellent solution for a wide variety of web-based and other IP applications. AGCO’s choice of Connexstar reflects the service’s combination of outstanding performance and favorable economics."

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. Spacenet offers connectivity, provisioning, operations and maintenance services 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