New York, New York, Dec. 04, 2000 (Market News Publishing via COMTEX) --
High-speed Internet access became available to consumers in 1996 and the
technology has proven to be extremely popular - at least among those fortunate
enough to live in an area where broadband service is available.
 
In the United States, for example, once you get outside of the major
metropolitan areas, there are not many cable companies that have upgraded their
infrastructure and are offering broadband access. Similarly, when you get more
than about three miles (as measured by the length of the cable) away from a
telephone switching station, the benefits of DSL are lost.
 
In America (a country that thinks of itself as a telecommunications leader),
that translates into more than 50 million people who live in areas where
broadband Internet service is unavailable. Analysts believe that about half of
these people are on-line, but have to make do with slow, land-based access to
the Internet through dial-up modems.
 
The problem in the People's Republic of China is even more acute. China's
Internet system is both extremely slow and very limited. Each day, millions of
users attempt to log onto an already-overcrowded telecommunications network.
 
At the same time as demand for Internet access in China is growing
exponentially, the government is struggling to complete installation of Internet
infrastructure in China's major cities. The problem in rural areas of China is
far worse, with much of the country still waiting to be wired and connected to
old-style, fixed-line telephone services.
 
On October 29th, Owen Brown of Dow Jones Newswire's Beijing office reported
that, according to the official Xinhua News Agency, the Chinese government had
decided to spend millions of dollars to improve its Internet services using
satellite communication technology from Israel's Gilat Satellite Networks and
that Shanghai has also decided to set up a Very Small Aperture Terminal, or
VSAT, application and research center with Gilat Satellite Networks.
 
What's significant here is that a little-known, CDNX-listed company called KSAT
Satellite Technology, Inc. (37% owned by GILTF) is the business that will be
manufacturing, selling and delivering GILTF's satellite communication technology
that's going to be instrumental in improving China's Internet services. By
providing two-way, high-speed Internet access via satellites, KSAT can help
China solve its acute shortage of high-speed telecommunications equipment /
infrastructure, and make broadband service available to millions of businesses
and consumers.
 
 
 TOLL FREE:  1-877-222-8701    Ora Capital
 E-MAIL:  ora-bay@home.com
 WEBSITE:  ksat.net