--Spacenet to Support Primary Retail Applications and Network Backup at Participating Valero Wholesale Locations--
McLean, VA, August 10, 2010 — Spacenet Inc., a wholly owned subsidiary of Gilat Satellite Networks Ltd. (Nasdaq: GILT) and a leading provider of broadband network solutions, announced today that it signed a contract with Valero to serve as a provider for broadband network managed services and offer connectivity to its nationwide branded wholesale locations. Valero, the largest independent refiner in North America and one of the nation’s largest retail operators with approximately 5,800 retail and branded wholesale outlets in the US and the Caribbean, will be offering Spacenet’s broadband communications services to support their primary retail applications and network backup..
“We’re thrilled that Valero has selected the Prysm Pro to power their network across the country. This contract is further recognition by an industry leader of the benefits a fully managed network service delivers to a large retailer with complex requirements,” said Spacenet President and COO Glenn Katz. “Our broadband managed services and our Prysm Pro platform can help Valero better support its store applications and ultimately better serve its customers. Our goal is to help Valero and all of our enterprise clients improve operational efficiencies by supporting a comprehensive range of business applications on a reliable, cost-effective and simplified network platform.”
Valero is leveraging Spacenet’s satellite and DSL broadband managed services as well as its award winning Prysm Pro network appliance to support its retail applications. These applications include Internet/intranet access, point-of-sale and credit/debit transactions, ATM transactions, Automatic Tank Gauge (ATG), WiFi, store loyalty programs and video security. The upgraded network combines Spacenet’s SkyEdge VSAT satellite platform and DSL Managed Services into a centrally managed, integrated platform that supports full PCI compliance. The new network supports faster speeds, advanced functionality and improved network availability to support expanding applications. In addition, Valero is leveraging Spacenet’s Prysm Pro, which is a modular, scalable, off-the-shelf IP network appliance that offers unique features including hybrid switching between wireline and wireless technologies for business continuity and network backup. Additionally, the Prysm Pro appliance can be integrated with Spacenet’s managed network services, providing access to a user-friendly web portal to enable simplified and centralized network management.
About Spacenet
Founded in 1981, Spacenet Inc designs, develops, and manages wireline and wireless broadband network solutions for US based business, industrial and government customers. Spacenet has a longstanding tradition of industry leadership and innovation, and today has more than 100,000 operational network endpoints for customers including many Fortune 500 companies and major government agencies. Spacenet offers a complete product and services portfolio for applications ranging from primary communications for corporate applications and secure data transfer, to hot stand-by solutions for continuity of operations and network backup, or field deployable solutions for disaster recovery and emergency management. Spacenet Integrated Government Solutions, a division of Spacenet Inc., develops networks and communications solutions for agencies such as the Department of Defense, Homeland Security, the Intelligence community and other government agencies requiring highly secure, flexible solutions. Spacenet is based in McLean, Virginia, and operates its own end-to-end services infrastructure including network management, field services and teleport facilities in McLean, VA; Atlanta, Georgia; and Chicago, Illinois. Spacenet is a wholly owned subsidiary of Gilat Satellite Networks Ltd. (Nasdaq: GILT). Visit Spacenet at http://www.spacenet.com/