Corporate | 21 October 2010 14:00
Gilat Satellite Networks Ltd.
21.10.2010 14:00
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PETAH TIKVA, Israel, Oct. 21, 2010 (GLOBE NEWSWIRE) -- Gilat Satellite Networks
Ltd. (Nasdaq:GILT) announced today that it has been selected to provide its
Prysm Pro managed network appliances for the European business unit of Regis
Corporation, the industry's global leader in beauty salons, hair restoration
centers and cosmetology education.
Regis UK will upgrade its communications network allowing over 400 of the
company's owned and operated salons in the United Kingdom to have broadband
access. The Prysm Pro appliances will connect the salons to the broadband DSL
service, provide site management and enhance network security. The DSL service
will be provided by Vodat International, a leading supplier of telecom
solutions and private managed networks to the UK retail market.
'High-speed data connectivity at the salons has become an essential component
for our corporate IT applications,' said Matt Sparks, Information Technology
Manager at Regis UK. 'Gilat's Prysm Pro addresses our need for a single device
that supports a set of features including broadband access, automatic backup
switching and that conforms to the PCI DSS standards for secure credit card
transactions.'
'We are very pleased that Regis has chosen our Prysm Pro for their UK salons,'
said Guy Moskowitz, Gilat's Executive Vice President Sales. 'This solution can
enable faster credit card processing, and access to a web portal with digital
versions of the company's administrative documents, educational and marketing
material and other corporate information. As a result of these improvements,
Regis can improve customer experience and achieve better operational
efficiency.'
In January 2010, Gilat announced that its wholly owned subsidiary, Spacenet,
was selected to provide managed network services to Regis Corporation locations
throughout North America using the Gilat Prysm Pro network appliance. The
rollout of the system began in May 2010.
About Prysm Pro
Prysm Pro is a network appliance that supports advanced applications over
satellite, wireline and wireless networks, enabling multi-site enterprises to
support multiple secure networks with centralized management and seamless
switching between wireline and wireless technologies. It is a modular,
scalable, off-the-shelf IP network appliance that offers unique benefits to
customers. Additionally, the Prysm Pro appliance can be integrated with managed
network services, providing access to a user-friendly web portal to enable
simplified and centralized network management.
About Regis Corporation
Regis Corporation (NYSE:RGS) is the beauty industry's global leader in beauty
salons, hair restoration centers and cosmetology education. As of September 30,
2009, the Company owned, franchised or held ownership interests in 12,900
worldwide locations. Regis' corporate and franchised locations operate under
concepts such as Supercuts, Sassoon Salon, Regis Salons, MasterCuts,
SmartStyle, Cost Cutters, Cool Cuts 4 Kids and Hair Club for Men and Women. In
addition, Regis maintains an ownership interest in Provalliance, which operates
salons primarily in Europe, under the brands of Jean Louis David, Franck
Provost and Saint Algue. Regis also maintains ownership interests in Empire
Education Group in the U.S. and the MY Style concepts in Japan. System-wide,
these and other concepts are located in the U.S. and in over 30 other countries
in North America, South America, Europe, Africa and Asia. Regis also maintains
a 49 percent ownership interest in Intelligent Nutrients, a business that
provides a wide variety of certified organic products for health and beauty.
For additional information about the company, please visit the Investor
Information section of the corporate website at http://www.regiscorp.com/.
About Gilat
Gilat Satellite Networks Ltd. is a leading provider of products and
professional services for satellite-based broadband communications networks
worldwide. Gilat was founded in 1987 and has shipped over 750,000 Very Small
Aperture Terminals (VSATs) to more than 85 countries across six continents.
Gilat's headquarters is located in Petah Tikva, Israel. The Company has 16
sales and service offices worldwide. Gilat markets a full line of
high-performance VSATs under the SkyEdge? and SkyEdge II Product Family.
Gilat's wholly-owned subsidiary, Spacenet Inc., is a leading provider of
managed services in North America to the business and government segments.
Visit Gilat at www.gilat.com.
The Gilat Satellite Networks Ltd. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=5848
Certain statements made herein that are not historical are forward-looking
within the meaning of the Private Securities Litigation Reform Act of 1995. The
words 'estimate', 'project', 'intend', 'expect', 'believe' and similar
expressions are intended to identify forward-looking statements. These
forward-looking statements involve known and unknown risks and uncertainties.
Many factors could cause the actual results, performance or achievements of
Gilat to be materially different from any future results, performance or
achievements that may be expressed or implied by such forward-looking
statements, including, among others, changes in general economic and business
conditions, inability to maintain market acceptance to Gilat's products,
inability to timely develop and introduce new technologies, products and
applications, rapid changes in the market for Gilat's products, loss of market
share and pressure on prices resulting from competition, introduction of
competing products by other companies, inability to manage growth and
expansion, loss of key OEM partners, inability to attract and retain qualified
personnel, inability to protect the Company's proprietary technology and risks
associated with Gilat's international operations and its location in Israel.
For additional information regarding these and other risks and uncertainties
associated with Gilat's business, reference is made to Gilat's reports filed
from time to time with the Securities and Exchange Commission.
CONTACT: Gilat Satellite Networks Ltd.
Media Contact:
Robert Bell
+972-3-925-2472
robert@gilat.com
News Source: NASDAQ OMX
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Language: English
Company: Gilat Satellite Networks Ltd.
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ISIN: IL0010825102
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