RRsat Signs an Agreement With WatchIndia for Internet Distribution of a Package of Indian TV Channels
09 Juillet 2008 - 1:00PM
PR Newswire (US)
OMER, Israel, July 9 /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 it has signed an agreement with
WatchIndia TV, a popular video platform which enables live and on-
demand broadcasting of well-known Indian TV stations worldwide.
WatchIndia TV is a subscription-based service which enables the
global Indian diaspora to watch local Indian channels and
programming through the Internet. WatchIndia TV is a subsidiary of
Live Asia TV. According to this agreement, RRsat will provide
WatchIndia TV with various transmission services including
downlinking, turnaround, playout, and Internet connectivity. Using
RRsat's transmission services, WatchIndia TV will be able to extend
its platform and offer its more than 500 000 users with additional
live and on-demand channels broadcast from India. "As a growing
company in a rapidly evolving market, it is important that we are
able to support the latest technologies and changing viewing
trends," commented David Rivel, CEO and Founder of RRsat. "The
ability to watch TV from your hometown through the Internet,
wherever you are in the world, is a new and fast growing
development, particularly as people become more mobile and Internet
bandwidth grows. We believe we are very well positioned to enable
this emerging and growing trend." "Our partnership with RRsat will
enable us to expand our platform to support our increasing global
subscriber base," said Jonathan Benartzi, CEO and CO-Founder of
Live Asia TV. "As the Indian content market grows, we are committed
to providing access to a larger number of channels. The partnership
with RRsat guarantees we will continue to do it rapidly and
aggressively." 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 425 television and radio channels, covering more than 150
countries. Visit the company's website http://www.rrsat.com/ for
more information. About WatchIndia.TV WatchIndia.TV is the first
site from Live Asia TV, an innovative new Internet Television
company whose goal is to bring ethnic Asian programming to those
residing in other countries. WatchIndia.TV partnered with top rated
Indian networks to offer subscribers the flexibility to watch the
best national and regional channels when and where they want. For
more information, visit http://www.watchindia.tv/. 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, 2007 and our
Current Reports on Form 6-K. Information in this press release
concerning Watchindia.TV and Live Asia TV was provided by Indian TV
and Live Asia and has not been independently verified by RRsat.
Company Contact Information: Gil Efron, CFO Tel: +972-8-861-0000
Email: External Investor Relations Contacts: Ehud Helft / Kenny
Green Tel: +1-646-201-9246 DATASOURCE: RRsat Global Communications
Network Ltd. CONTACT: Company Contact Information: Gil Efron, CFO,
Tel: +972-8-861-0000, Email: ; External Investor Relations
Contacts:, Ehud Helft / Kenny Green, Tel: +1-646-201-9246
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