Spacenet Inc., a wholly owned subsidiary of Gilat Satellite Networks Ltd. and a leading provider of broadband network solutions, announced today that it signed a contract with Valero to serve as a provider for broadband network managed services and offer connectivity to its nationwide branded wholesale locations. Valero, the largest independent refiner in North America and one of the nation's largest retail operators with approximately 5,800 retail and branded wholesale outlets in the US and the Caribbean, will be offering Spacenet's broadband communications services to support their primary retail applications and network backup.
Valero is leveraging Spacenet's satellite and DSL broadband managed services as well as its award winning Prysm Pro network appliance to support its retail applications. These applications include Internet/intranet access, point-of-sale and credit/debit transactions, ATM transactions, Automatic Tank Gauge (ATG), WiFi, store loyalty programs and video security. The upgraded network combines Spacenet's SkyEdge VSAT satellite platform and DSL Managed Services into a centrally managed, integrated platform that supports full PCI compliance. The new network supports faster speeds, advanced functionality and improved network availability to support expanding applications. In addition, Valero is leveraging Spacenet's Prysm Pro, which is a modular, scalable, off-the-shelf IP network appliance that offers unique features including hybrid switching between wireline and wireless technologies for business continuity and network backup. 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.