September 14, 2009 (FinancialWire) — Gilat Satellite Networks Ltd. (NASDAQ: GILT) has been selected by Telespazio Brasil, a Finmeccanica/Thales company, to provide a 1,200-site Gilat SkyEdge II broadband satellite communications network. The network will be used by Sicredi Bank for both primary enterprise networking connectivity as well as back-up. Telespazio Brasil is one of Brazil’s largest satellite service providers.

Gilat’s SkyEdge II network is ideally suited to meet the mission-critical application requirements of the financial services industry such as high-speed connectivity to allow high throughput for file transfer. Other benefits include the delivery of voice-quality telephony, advanced Quality of Service to prioritize application data traffic, reliability and high availability.

The SkyEdge II broadband satellite network will connect Sicredi Bank branches nationwide, many of which otherwise do not have access to high-speed connectivity. In areas where terrestrial networks, such as DSL and wireless, are accessible, the satellite network will provide branches with backup connectivity, ensuring high availability even in case of a failure in the wireline link.

Telespazio Brasil became a Gilat customer in 2001, when it first began using Gilat VSAT networks to power a wide variety of enterprise networking applications at nearly 1,000 sites nationwide. Gilat has a history of successfully deploying broadband satellite networks for the Brazilian financial services industry since 1999.

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