Spacenet awarded multi-year contracts for over 27,000 lottery sites

Mclean, va.--(business wire)--spacenet inc., a wholly owned subsidiary of gilat satellite networks ltd. (nasdaq: gilt), and a leading provider of broadband network solutions for business, industrial and government users, was selected to provide skyedge™ broadband satellite terminals, deployment, operations and maintenance to support state lotteries. the multi-year contract awards from the past month include texas and illinois while indiana, iowa and louisiana were deployed earlier in 2010. the five networks, totaling almost 33,000 lottery sites in all, benefit from skyedge’s efficient bandwidth management, security and quality of service ideal for applications requiring high availability and uptime such as lottery and gaming networks. spacenet has been supporting networks for the state gaming industry for almost twenty years. the company has established the trust of lottery industry partners and state lottery agencies through an ongoing commitment to the unique needs of the industry. spacenet optimizes the performance of lottery applications over satellite and provides vsat solutions tailored to the specific needs of the lottery market. “spacenet has worked with multiple gaming industry partners for almost 20 years, and we have some of the largest revenue generating lotteries as our customers,” said spacenet ceo andreas georghiou. “we are focused on providing the best vsat-based networking solutions and total cost of ownership for lotteries across the continent, and look forward to serving our new customers.” spacenet solutions support all vendor lottery terminals and applications including video based games and traditional non-video games. its operations and technology have the capability and track record to support today’s most advanced lottery applications and the flexibility to host emerging games that will provide new sources of revenue in the future. 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, before completion of the lottery network deployment, 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
GILT Ratings Summary
GILT Quant Ranking