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News Releases
Spacenet Expands Broadband Offerings to Include DSL; Selects New Edge Networks as Network Provider
VANCOUVER, Wash. – (Nov. 8, 2004) – Spacenet Inc. and New Edge Networks have reached an agreement enabling the satellite service provider to expand its broadband network offerings to include DSL access from New Edge Networks. The agreement builds on a separate wholesale relationship in which New Edge Networks offers Spacenet’s Connexstar satellite-based telecommunications services.
Under terms of the latest agreement, Spacenet will be able to offer its enterprise customers DSL access when and where the technology option is a viable alternative for satellite. Spacenet will manage the installation and maintenance of all DSL network services by New Edge Networks, bill and collect, and retain relationships with its customers.
“This agreement is about building upon existing relationships that Spacenet has with many of the world’s largest multi-site business enterprises,” said Bill Gerety, president and CEO of Spacenet. “By expanding these customers’ broadband network options, Spacenet increases its value – and, we expect, further expands the universe of new prospects for our services.
“Because we serve the needs of very large, extremely demanding enterprises, Spacenet has stringent service, reliability, and availability requirements, and New Edge Networks met or exceeded all of them,” Gerety said. “We feel confident offering their connectivity services to our blue-chip clientele.”
Spacenet intends to market and sell the DSL services directly. It is already accepting orders.
Through a wholesale agreement with New Edge Networks, Spacenet gains access to about 90 percent of business addresses that are in the company’s DSL reach. New Edge Networks’ core and extended DSL coverage spans about 9,000 telephone company central office locations that are equipped for DSL service.
“Not all broadband access is created equal; different applications require different access solutions, throughput, and quality of service,” said Dan Moffat, president and CEO of New Edge Networks. “The measure of success among broadband networking companies of the future will be their ability to seamlessly integrate solutions at virtually any business address and keep their customers happy through high quality of service.
“By complementing our respective competencies, New Edge Networks and Spacenet are positioning themselves to tap into the lucrative opportunities in nationwide wide area networking,” Moffat said.
Last March, New Edge Networks and Spacenet announced their first wholesale agreement that allowed New Edge Networks to offer Spacenet’s Connexstar satellite service. New Edge Networks offers satellite as a fill-in where other access options are not available.
About Spacenet
Spacenet Inc. provides two-way satellite-based broadband networking solutions throughout North America under the Connexstar brand. Spacenet offers connectivity, provisioning, operations and maintenance services 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. (NASDAQ: GILTF) Visit Spacenet at www.spacenet.com.
About New Edge Networks
New Edge Networks is a single-source national provider of managed network services for multi-location wide area networks (WANs). Through its own network facilities, New Edge Networks integrates a wide variety of last-mile broadband access technologies for building blended networks that reach 100 percent of all U. S. business locations. Customers include business enterprises, telecom carriers, and other communications providers. New Edge Networks is listed No. 28 on the 2004 Inc. 500 list and was chosen as Frost and Sullivan’s 2004 telecom company of the year. The company’s Web site is www.newedgenetworks.com. Telephone: 1-360-693-9009.
Contact:
Sal Cinquegrani
(360) 906-9723
ATTN: New Edge Networks news releases contain information that is accurate as of the date they are issued. Information contained in past news releases may become out of date and the company does not assume responsibility for updating information contained in past news releases.