RRSat to Offer Access to the Asian Cable TV Market: Distribution via Loral Skynet's Telstar 10
29 Août 2007 - 1:30PM
PR Newswire (US)
New Capacity Will Provide Access to Over 70 Million Cable
Households in 33 Countries in Asia OMER, Israel, August 29
/PRNewswire-FirstCall/ -- RRSat Global Communications Network Ltd.
(NASDAQ:RRST), a rapidly growing provider of comprehensive content
management and global distribution services to the television and
radio broadcasting industries, announced today that it has signed
an agreement with Loral Skynet to offer distribution of video
content to the Asian Market via a powerful digital platform using
Loral Skynet's Telstar 10 satellite. Through the multiplexed
content delivery platform, RRSat customers will gain access to over
80 million cable households across 33 countries in Asia using Loral
Skynet's Telstar 10 satellite. RRSat will complement its video
offering by supplying comprehensive, content management and
distribution services. "We are extremely excited about this new
cooperation with Loral Skynet. This platform will offer customers a
total end-to end solution, from broadcasting through distribution,
enabling channels based out for the US, Europe and Middle East the
ability to further expand their services to new regions in Asia."
Commented Mr. David Rivel, CEO and Founder of RRSat, "Through this
shared platform customers will have access to the leading Loral
Skynet Telstar 10 satellite and RRSat's comprehensive content
management platform". About RRSat Global Communications Network
Ltd. RRSat Global Communications Network Ltd. (NASDAQ:RRST)
provides global, comprehensive, content management and distribution
services to the rapidly expanding television and radio broadcasting
industries. Through its proprietary "RRSat Global Network,"
composed of satellite and terrestrial fiber optic transmission
capacity and the public Internet, RRSat is able to offer
high-quality and flexible global distribution services for content
providers. RRSat's comprehensive content management services
include producing and playing out TV content as well as providing
satellite newsgathering services (SNG). RRSat concurrently provide
these services to more than 385 television and radio channels,
covering more than 150 countries. Visit the company's website
http://www.rrsat.com/ for more information. About Loral and Loral
Skynet A pioneer in the satellite industry, Loral Skynet delivers
the superior service quality and range of satellite and global
network service solutions that have made it an industry leader for
more than 40 years. Through its networking expertise of complex and
integrated global network solutions, Loral's Telstar satellite
fleet and global fiber backbone has led to the development of a
strong product and services portfolio. With a commitment to service
and customer satisfaction, Loral supplements good products with
good services via a global network of partners and vendors to
dynamic business requirements around the world for broadcast and
data network services, VoIP, Internet access and systems
integration. Loral Skynet is a subsidiary of Loral Space &
Communications (NASDAQ:LORL). For more information, visit our web
site at http://www.loralskynet.com/. Safe Harbor Statement This
press release contains forward looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended,
including statements regarding (i) the growth of our business and
the television and radio broadcasting industries, (ii) our
expectation to expand our client base and sell additional services
to our existing client base, and (iii) our ability to report future
successes. These forward-looking statements involve known and
unknown risks and uncertainties and are based on current
expectations, assumptions, estimates and projections about the
companies and the industry as of the date of this press release.
The company undertakes no obligation to update forward-looking
statements to reflect subsequent occurring events or circumstances,
or to changes in its expectations, except as may be required by
law. Forward-looking statements are subject to risks and
uncertainties that may cause actual results to differ materially
from those contemplated by the forward-looking statements,
including the risks indicated in our filings with the Securities
and Exchange Commission (SEC). For more details, please refer to
our SEC filings and the amendments thereto, including our Annual
Report on Form 20-F for the year ended December 31, 2006 and our
Current Reports on Form 6-K. Information in this press release
concerning Loral and Loral Skynet has not been independently
verified by RRSat and is based solely on information provided to
RRSat by Loral and Loral Skynet for inclusion in this press
release. Company Contact Information: Gil Efron, CFO Tel:
+972-8-861-0000 Email: External Investor Relations Contacts: Ehud
Helft / Kenny Green Tel: +1-866-704-6710 DATASOURCE: RRSat Global
Communications Network Ltd CONTACT: Company Contact Information:
Gil Efron, CFO, l: +972-8-861-0000, Email: ; External Investor
Relations Contacts: Ehud Helft / Kenny Green, Tel: +1-866-704-6710
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