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[February 09, 2010]

BRIEF: Gilat gets new Costa Rica orders: Market sources estimate the deal at $4 million.

Feb 09, 2010 (Globes - McClatchy-Tribune Information Services via COMTEX) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT; TASE: GILT) has received new orders for its SkyEdge II satellite communications system from Costa Rica's national telecommunications operator, Instituto Costarricense de Electricidad (ICE), for the deployment of Gilat's VSAT platforms to provide broadband services to 1,000 new sites. Gilat did not disclose the size of the new orders, but market sources estimate the deal at $4 million.

The network will provide broadband satellite communications for 500 corporate and financial customers.

Gilat's share opened at $5.35 on Nasdaq today, giving a market cap of $215 million. The share rose 0.2 percent on the TASE today to NIS 19.96.

To see more of the Globes or to subscribe to the newspaper, go to http://www.globes-online.com. Copyright (c) 2010, Globes, Tel Aviv, Israel Distributed by McClatchy-Tribune Information Services. For reprints, email tmsreprints@permissionsgroup.com, call 800-374-7985 or 847-635-6550, send a fax to 847-635-6968, or write to The Permissions Group Inc., 1247 Milwaukee Ave., Suite 303, Glenview, IL 60025, USA.

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