Gilat Announces Mr. Haim Benjamini to Serve as External Director on th

Gilat Announces Mr. Haim Benjamini to Serve as External Director on the Company's Board of Directors

    Business Editors/High-Tech Writers

    PETAH TIKVA, Israel--(BUSINESS WIRE)--Feb. 10, 2005--

Election took place today at the Company's Special Meeting of Shareholders
    Gilat Satellite Networks Ltd. (Nasdaq:GILTF) today announced that Mr. Haim Benjamini has been elected to serve as External Director on the Company's Board of Directors.
    Mr. Benjamini will serve for a term of three years and until his respective successor is duly elected and qualified.
    Mr. Benjamini currently serves as an advisor to Teva Pharmaceutical Industries Ltd., CEO, board and management. Since 1988 and until December 31, 2004, Mr. Benjamini served as Teva's Corporate Vice President of Human Resources.

    About Gilat Satellite Networks Ltd.

    Gilat Satellite Networks Ltd. (Nasdaq:GILTF) is a leading provider of satellite and hybrid telecommunication solutions and operations. Gilat operates under two business units, Gilat Network Solutions (GNS) and Gilat Network Operations (GNO). With over 500,000 Very Small Aperture Terminals (VSATs) shipped in more than 80 countries across six continents, GNS delivers satellite communication solutions to operators worldwide. GNO provides end-to-end enterprise and consumer networking as well as rural communication operations. Gilat's headquarters is located in Petah Tikva, Israel, Spacenet operation center is in McLean, Virginia and rural operations centers are in Latin America. In addition, Gilat has 13 local offices and 5 service facilities worldwide. Gilat markets the SkyEdge(TM) Product Family which includes the SkyEdge(TM) Pro, SkyEdge(TM) IP, SkyEdge(TM) Call, SkyEdge(TM) DVB-RCS and SkyEdge(TM) Gateway. In addition, the Company markets Skystar Advantage(R), DialAw@y IP(TM), FaraWay(TM), Skystar 360E(TM) and SkyBlaster(a) 360 VSAT products. Gilat SkyEdge, Skystar Advantage, Skystar 360E, DialAw@y IP and FaraWay are trademarks or registered trademarks of Gilat Satellite Networks Ltd. or its subsidiaries. ((a)SkyBlaster is marketed in the United States by StarBand Communications Inc. under its own brand name.)

    Visit Gilat 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. 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.

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CONTACT: Gilat Satellite Networks Ltd. (Media) Shira Gafni, +972 3 925 2406 shira@gilat.com

KEYWORD: VIRGINIA ISRAEL INTERNATIONAL AFRICA/MIDDLE EAST INDUSTRY KEYWORD: HARDWARE TELECOMMUNICATIONS SOFTWARE NETWORKING MANAGEMENT CHANGES SOURCE: Gilat Satellite Networks Ltd.

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