MOUNTAIN VIEW, Calif., March 14, 2011 /PRNewswire/ -- Based on its recent analysis of the Satellite Network Management market, Frost & Sullivan recognizes Spacenet Inc., a leading provider of broadband network solutions, with the 2011 North America Frost & Sullivan Award for New Product Innovation. The company is commended for developing the innovative Prysm Pro.
To view the multimedia assets associated with this release, please click: http://multivu.prnewswire.com/mnr/spacenet/49003/
Realizing the gradual shift in the industry focus toward network management, Spacenet custom designed the Prysm Pro for business and enterprise organizations that typically have thousands of sites and high security and uptime requirements. A modular, scalable, off-the-shelf IP network appliance, Prysm Pro is a completely PCI Data Security Standard compliant device that provides integrated support for a comprehensive range of corporate applications including data acceleration, retail applications/POS hardware interfaces and multimedia content delivery such as digital media. The core functionality of Prysm Pro is essentially intelligent routing.
"Prysm Pro effectively meets customer demands to provide support for a wider range of business applications and streamlined corporate-wide network management practices," said Frost & Sullivan Research Analyst Anand Srinivasan. "This unique product allows customers to select the optimal network access option at each site, manage them all from a central location, and seamlessly support all applications on a single network platform solution. It also enables the integration of different connectivity technologies, DSL, 3G wireless, dial up etc, as the primary or secondary connection in order to insure network backup and reliable uptime."
Prysm Pro offers added features and benefits while addressing some of the most common and critical networking challenges that customers face as they transition their networks to leverage new technology and adopt revenue generating opportunities. The product offers enhanced customer value by allowing clients to select the best WAN option at each location, reducing costs and operational issues while also enabling complete network redundancy and risk mitigation. It also allows the IT department to implement and support critical business initiatives, regardless of the primary network access method.
"Prysm Pro interfaces with satellite, DSL, cable, 3G wireless, dial up access or any combination of multiple WAN links, enabling customers to deploy the ideal access option at each location, while utilizing a secondary option to insure network diversity for business continuity," said Spacenet CEO Andreas Georghiou. "The final result is lower network cost, improved network uptime and greater operational efficiency."
The deployment of cutting-edge technologies is central to Spacenet's solutions. A Linux-based open source operating system enables Spacenet to support client needs by providing custom development for Prysm Pro on very short lead times. It offers a future-proof hardware platform providing complete control of functions and security features required throughout the life of the client's network.
Each year, Frost & Sullivan presents this award to the company that has demonstrated excellence in the following categories: innovative element of the product, leverage of leading edge technologies, value added features/benefits, increased customer value and customer acquisition/penetration potential.
Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis and extensive secondary research in order to identify best practices in the industry.
About Spacenet Inc.
Founded in 1981, Spacenet Inc. designs, develops and manages wire line and wireless broadband network solutions for US based businesses as well as industrial and government customers. Spacenet has a longstanding tradition of industry leadership and innovation. Today, Spacenet has more than 130,000 network endpoints for customers including many Fortune 500 companies and major government agencies. Spacenet offers a complete product and service portfolio for applications ranging from primary communications and secure data transfer for corporate applications, to hot stand-by solutions for continuity of operations and network backup, or field deployable solutions for disaster recovery and emergency management. Spacenet Integrated Government Solutions, a division of Spacenet Inc., develops networks and communications solutions for agencies such as the Department of Defense, Homeland Security, the Intelligence community and other government agencies requiring highly secure, flexible solutions. Spacenet is based in McLean, Virginia and operates its own end-to-end services infrastructure including network management, field services and teleport facilities in McLean, VA; Atlanta, Georgia; and Chicago, Illinois. Spacenet is a wholly owned subsidiary of Gilat Satellite Networks Ltd. (Nasdaq: GILT). Visit Spacenet at http://www.spacenet.com/
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents. To join our Growth Partnership, please visit http://www.awards.frost.com.
SOURCE Frost & Sullivan