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Gilat Signs VSAT Agreement with Bulgarian Petroleum Company

By | June 26, 2003

      Gilat Satellite Networks [Nasdaq: GILTF] has signed an agreement with the Bulgarian petroleum company TRANSAT to deploy a Skystar 360E hub and VSAT network with sites throughout Bulgaria.

      TRANSAT, and its parent company Petrol Bulgaria, plan to provide support for a variety of applications in Bulgaria and Eastern Europe through this private satellite- based VSAT network. The equipment will be delivered in the third quarter of 2003.

      The TRANSAT agreement includes a Skystar 360E hub and 511 remote sites. The network will provide data connectivity to 450 gas stations, 17 corporate regional branches, 30 bank branches and other applications.

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