Spacenet celebrates 25-year anniversary and
reaches milestone of 100,000 enterprise, government and residential
network endpoints served
McLean, VA, October 31, 2006 – Spacenet
Inc. announced that the company celebrated its 25th anniversary
providing satellite and communication services to enterprise,
government, small office and residential customers. In addition
to its anniversary, Spacenet has achieved another important milestone
by reaching 100,000 network endpoints with its satellite and hybrid
terrestrial network services mostly for enterprise and government
customers.
Spacenet was founded in October 1981 as a satellite services
provider as an offshoot of the Southern Pacific Railroad company.
The company became GTE Spacenet Corporation in 1983, and was later
acquired by GE Americom, a subsidiary of General Electric, in
1994. In 1998, Spacenet became a wholly owned subsidiary of Gilat
Satellite Networks Ltd., a leading provider of technology and
services for satellite-based communications networks, and it has
remained a substantial component of Gilat’s business since
that time.
Spacenet has a history of industry innovation, including the
introduction of hybrid DSL/VSAT enterprise networks in 2004, and
the launch of its Connexstar shared-hub services for business
and government users in 2002. In 2000, Spacenet launched StarBand,
the first two-way satellite broadband Internet access service
for residential customers in the United States.
Spacenet Inc. has now passed the mark of more than 100,000 locations
served by its satellite and hybrid network solutions. Spacenet
offers a comprehensive portfolio of solutions to a wide range
of industries including retail, energy, financial services, hospitality
and government customers. Spacenet also offers advanced service
features such as options for on-demand solutions for backup and
disaster recovery; worldwide coverage through a network of partners;
private networks, “virtual private hubs” and shared-hub
VSAT services; and services in North America for the groundbreaking
Cisco IP VSAT Module.
Spacenet CEO Andreas Georghiou said, “For the past 25 years,
Spacenet has been a leader in developing custom networking and
communications solutions for customers of all sizes, ranging from
some of the world’s largest commercial WANs to individual
users in remote locations. Whether it has been providing advanced
VSAT or hybrid network services, innovative application solutions,
or sophisticated network management support, Spacenet has always
been driven by a focus on delivering network solutions that meet
the needs and exceed the expectations of our customers. Celebrating
our 25th anniversary and reaching the 100,000 network endpoint
milestone are both significant events for Spacenet, and we look
forward to a long future of continuing innovation and success.”
About Spacenet®
Founded in 1981, Spacenet Inc. is a leading provider of wireless
and hybrid terrestrial broadband services for enterprise, government
and home/small office customers in the United States and worldwide
and serves more than 100,000 network endpoints. Spacenet's services
include its Connexstar™ commercial-grade WAN solutions designed
for retail, energy, financial services, hospitality and government
customers, as well as its StarBand® Internet access service,
the pioneer in two-way direct-to-home broadband VSAT services.
Spacenet also provides specialized VSAT-based solutions for disaster
recovery, business continuity, remote and mobile communications
needs. Spacenet is based in McLean, Virginia, and operates its
own end-to-end services infrastructure including network management,
field services and teleport facilities in Washington, D.C.; Atlanta,
Georgia; and Chicago, Illinois. Spacenet is a wholly owned subsidiary
of Gilat Satellite Networks Ltd. (NASDAQ: GILT). 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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