Gilat Announces Filing of 2015 Annual Report
March 22 2016 - 7:32AM
Gilat Satellite Networks Ltd. (NASDAQ:GILT) (TASE:GILT), a
worldwide leader in satellite networking technology, solutions and
services, today announced it has filed its Annual Report on Form
20-F containing audited consolidated financial statements for the
year ended December 31, 2015 with the U.S. Securities and Exchange
Commission.
The annual report is available on the Gilat
website (www.gilat.com). Shareholders may receive a hard copy
of the annual report free of charge upon request.
About Gilat
Gilat Satellite Networks Ltd (NASDAQ:GILT)
(TASE:GILT) is a leading provider of products and services for
satellite-based broadband communications. Gilat develops and
markets a wide range of high-performance satellite ground segment
equipment and VSATs, with an increasing focus on the consumer and
Ka-band market. In addition, Gilat enables mobile SOTM
(Satellite-on-the-Move) solutions providing low-profile antennas,
next generation solid-state power amplifiers and modems. Gilat also
provides managed network and satellite-based services for rural
telephony and Internet access via its subsidiaries in Peru and
Colombia.
With over 25 years of experience, and over a
million products shipped to more than 90 countries, Gilat has
provided enterprises, service providers and operators with
efficient and reliable satellite-based connectivity solutions,
including cellular backhaul, banking, retail, e-government and
rural communication networks. Gilat also enables leading defense,
public security and news organizations to implement advanced,
on-the-move tactical communications on board their land, air and
sea fleets using Gilat's high-performance SOTM solutions. Gilat
controlling shareholders are the FIMI Private Equity Funds. For
more information, please visit us at www.gilat.com.
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. We undertake no obligation to update or revise any
forward-looking statements for any reason. 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
Joelle Inowlocki
JoelleI@gilat.com
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