updated 2/1/2011 8:18:13 AM ET 2011-02-01T13:18:13

PETAH TIKVA, Israel, Feb. 1, 2011 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq:GILT) today announced that it will release its fourth quarter and full year 2010 financial results on Tuesday, February 22, 2011.

Following the earnings announcement, Gilat will host a conference call at 9:30 AM ET. To access the conference call, participants from the U.S. should dial (888) 281-1137 and international participants should dial (972) 3-918-0644. The quarterly presentation may be accessed through the Company's website at http://www.gilat.com/ prior to the call.

A replay of the call will be available beginning at approximately 12:00 PM ET, February 22, 2011 until February 24, 2011 at 12:00 PM ET. To listen to the replay, U.S. participants should call (888) 326-9310 and international participants should call (972) 3-925-5901.

The conference call will also be available as a webcast on the Company's website at http://www.gilat.com/ and will be archived for 30 days.

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 develops and markets an expansive range of broadband satellite solutions including high-performance VSATs under the SkyEdgeTM and SkyEdge II brands, low-profile antennas for satcom-on-the-move, under the RaySat Antenna Systems and the StealthRayTM brands and next generation solid-state power amplifiers for mission-critical defense and broadcast satellite communications systems under the Wavestream brand. 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 Investor Relations Contact:
         Jeff Corbin/ Marybeth Csaby
         KCSA Strategic Communications
         (212) 896-1214/ (212) 896-1236
         gilat@kcsa.com

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

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