Gilat Will Provide Ka-Band Customer Hubs and Terminals for
                        O3b's VSAT Services

PETAH TIKVA, Israel, Feb. 14, 2012 (GLOBE NEWSWIRE) -- Gilat Satellite
Networks Ltd. (Nasdaq:GILT) today announced that it has signed an
agreement with O3b Networks Limited, the developer of a new high-speed,
low-latency satellite-based service for telecommunication operators and
enterprises in emerging markets, for the development and supply of
Ka-band infrastructure for O3b's VSAT services.

The agreement between the two parties ensures a range of hub, terminal
and network management systems will be available to O3b customers for
use on the fleet upon launch. The solution developed by Gilat for O3b
is based on Gilat's existing SkyEdge II platform, which includes
support for Ka-band and a unified system for SCPC and MF-TDMA on the
same terminal.

Gilat's solution is further customized for cellular backhaul and
high-end enterprise VSAT solutions on the O3b network, supporting
upload and download data rates of over 20Mbps. Gilat will also be
offering O3b customers deployment and turnkey ground terminal solutions
based on 3rd party equipment. Gilat's solution will be available for
O3b's service launch in mid-2013, and pre-launch orders for terminals
are being accepted.

"Gilat's leadership in Ka-band satellite technology coupled with their
experience in the cellular backhaul and enterprise markets makes Gilat
a great partner for O3b. Gilat's unique solution will allow our
customers the flexibility to operate both SCPC and TDMA from the same
hub, VSATs and network management system - an important feature for
today's service providers looking for flexibility and efficiency in
their networks," said Steve Collar, CEO, O3b Networks. "This agreement
is an important building block in our advanced satellite network, which
will bring high-speed, affordable access to nearly half of the world's
population not adequately served with broadband Internet access."

"In this exciting partnership, Gilat and O3b are jointly paving the way
to the commercialization of the Ka-band as a strong alternative for
fiber technology, predominantly in underserved regions. We are proud to
be part of this important alliance, and regard O3b's initiative as
advancing Gilat's strategic investment in Ka-band technology," said
Erez Antebi, Gilat's CEO.

About O3b

O3b is building a new fiber-quality, satellite-based, global Internet
backbone for telecommunications operators (telcos) and Internet service
providers (ISP's) in emerging markets. The O3b Networks system will
combine global reach and the speed of a fiber-optic network. With
investments and operational support from SES, Google Inc., Liberty
Global, Inc., HSBC Principal Investments, Northbridge Venture Partners,
and Allen & Company, the O3b system will provide telcos and ISP's with
a low-cost, high-speed alternative to connect their 3G, WiMAX and
fixed-line networks to the rest of the world. This will allow billions
of consumers and businesses in more than 150 countries to benefit from
high-speed Internet connectivity for educational, medical and
commercial applications. O3b Networks' headquarters is in St. John,
Jersey, Channel Islands. Ground systems and technical development are
managed through its wholly owned subsidiary in Englewood, Colorado. For
more information, please visit www.o3bnetworks.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 1
million 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 22 sales and service offices worldwide. Gilat
develops and markets an expansive range of broadband satellite
solutions including high-performance VSATs under the SkyEdge(TM) and
SkyEdge II brands, low-profile antennas for satcom-on-the-move, under
the RaySat Antenna Systems and the StealthRay(TM) 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 network 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: Karen Mazor
         Gilat Satellite Networks
         karenm@gilat.com