FORM 6 - K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report on Foreign Issuer
Pursuant to Rule 13a - 16 or 15d -16
of the Securities Exchange Act of 1934
For the Month of March, 2003
Gilat Satellite Networks Ltd.
(Translation of Registrant's Name into English)
Gilat House, Yegia Kapayim Street
Daniv Park, Kiryat Arye, Petah Tikva, Israel
(Address of Principal Corporate Offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
| Form 20-F x | Form 40-F o |
Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
| Yes o | No x |
If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): N/A
| Attached hereto is Registrant’s press release dated June 5, 2003, announcing that its US subsidiary, Spacenet Inc., has been selected by The Kroger Co. to provide remote VSAT and baseband hub technology for a nationwide two-way satellite network. |
Signature
| Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized. |
| Gilat Satellite Networks Ltd. (Registrant) BY: /S/ Yoav Leibovitch —————————————— Yoav Leibovitch Chief Financial Officer |
Dated: June 8, 2003
Jun 05, 2003
Kroger Taps Gilat’s Spacenet Subsidiary for Advanced Satellite Network to Support Nationwide Video, Voice and Data Efforts Spacenet technology to provide platform for Kroger’s new broadband distance learning network; wide range of future applications planned
Petah Tikva, Israel, June 5, 2003 — Gilat Satellite Networks Ltd. (Nasdaq: GILTF) today announced that its US subsidiary, Spacenet Inc., has been selected by The Kroger Co. (NYSE: KR) to provide remote VSAT and baseband hub technology for a nationwide two-way satellite network.
The network will initially link multiple video studios with Fred Meyer grocery store locations through a broadband connection allowing high-speed Video on Demand (VoD) delivery and Voice over IP (VoIP) return for Interactive Distance Learning (IDL) and videoconferencing applications. The network is also being designed to support a wide range of additional future applications, including software and content delivery, frame relay backup, and other interactive data applications.
Spacenet President and CEO Nick Supron said, “Kroger’s project highlights the range and diversity of capabilities our technology can support. We are tremendously pleased to have been selected by Kroger to support its IDL and other data networking requirements. And, in light of their emphasis on reliability, performance and value, we are especially pleased to have been the selected vendor for this important network.”
About The Kroger Co.
Headquartered in Cincinnati, Ohio,
Kroger is one of the nation’s largest retail grocery chains. At the end of the fiscal
2002, the Company operated (either directly or through its subsidiaries) 2,488
supermarkets and multi-department stores in 32 states under approximately two dozen
banners including Kroger, Ralphs, Fred Meyer, Food 4 Less, King Soopers, Smith’s,
Fry’s and Fry’s Marketplace, Dillons, QFC and City Market. Kroger also operated
(either directly or through its subsidiaries) 784 convenience stores, 441 fine jewelry
stores, 376 supermarket fuel centers and 41 food processing plants. For more information
about Kroger, please visit www.kroger.com.
About Spacenet
Spacenet Inc. provides two-way
satellite-based broadband networking solutions throughout North America under the
Connexstar brand, and has more than 15 years’ experience in providing connectivity,
provisioning, operations and maintenance to enterprise and government customers, including
some of the largest satellite-based networks in the world. Spacenet is based in McLean,
Virginia, and is a wholly owned subsidiary of Gilat Satellite Networks, Ltd. Visit
Spacenet at www.spacenet.com.
About Gilat Satellite
Networks Ltd.
Gilat Satellite Networks Ltd., with
its global subsidiaries Spacenet Inc., Gilat Latin America and rStar Corporation (RTRCE),
is a leading provider of telecommunications solutions based on Very Small Aperture
Terminal (VSAT) satellite network technology – with nearly 400,000 VSATs shipped
worldwide. Gilat, headquartered in Petah Tikva, Israel, markets the Skystar
Advantage®, DialAw@y IP™, FaraWay™, Skystar 360E™ and SkyBlaster* 360
VSAT products in more than 70 countries around the world. Gilat provides satellite-based,
end-to-end enterprise networking and rural telephony solutions to customers across six
continents, and markets interactive broadband data services. Gilat is a joint venture
partner with SES GLOBAL in SATLYNX, a provider of two-way satellite broadband services in
Europe. Skystar Advantage, Skystar 360, DialAw@y IP and FaraWay are trademarks or
registered trademarks of Gilat Satellite Networks Ltd. or its subsidiaries. Visit Gilat at
www.gilat.com. (*SkyBlaster is marketed in the United States by StarBand
Communications Inc. under its own brand name.)
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.