Spacenet Inc., a wholly owned subsidiary of Gilat Satellite Networks Ltd. (Nasdaq: GILT; TASE:GILT) is providing its Prysm Pro network appliance, which enables a fully PCI compliant managed network services solution, to over 7,000 Regis Corp. North American locations. Regis, the beauty industry's global leader in beauty salons, hair restoration centers and cosmetology education, is using Spacenet’s managed network services and Prysm Pro network management appliance to provide integrated support and management for its business communication infrastructure. This infrastructure includes DSL, 3G, analog and digital voice, WiFi and VPN networking at its beauty salon stores.
Spacenet President and COO Glenn Katz said, “We’re thrilled to be working with a global leader such as Regis. With thousands of locations, multiple network access methods, and critical business applications to manage, Regis is an ideal customer for Spacenet and our Prysm Pro appliance. Spacenet’s managed network services will help Regis Corporation meet its business requirements by providing a unique and flexible solution for its application challenges today and in the future as its network evolves. Spacenet has been meeting the networking and communications needs of enterprises for nearly 30 years, and we are pleased to add Regis to our list of valued customers.”
Spacenet’s Prysm Pro supports advanced applications over satellite, wireline and wireless networks, helps multi-site enterprises support multiple secure networks with centralized management and enables hybrid switching between wireline and wireless technologies. It is a modular, scalable, off-the-shelf IP network appliance that offers unique benefits to customers. Additionally, the Prysm Pro appliance can be integrated with Spacenet’s managed network services, providing access to a user-friendly web portal to enable simplified and centralized network management.
Gilat's share rose 1.93% in morning trading to $5.80, giving a market cap of $231.88 million.
Published by Globes [online], Israel business news - www.globes-online.com - on January 12, 2010
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