RRSat has Launched a new Platform for the Iberian Market on Hispasat Satellite
27 Janvier 2010 - 2:17PM
PR Newswire (US)
RE'EM, Israel, January 27 /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 launched a new platform for
the distribution of Spanish and Portuguese language content into
European markets over the Hispasat 1D satellite. The
Spanish-language version of Moscow-based news channel Russia Today
(RT) is RRsat's first customer for distribution through this
platform. "The European Spanish and Portuguese audience in Europe
is an important demographic and we are providing a platform in
cooperation with the satellite operator HISPASAT for content
providers to tap into this market," commented David Rivel, Founder
and CEO of RRsat Global Communications Network. "We are already
experiencing interest from potential customers as well as our
existing customer base, and we believe we will experience growing
demand for this particular service. The launch of this service is
continued testimony that we remain attentive to our customer needs
and intend to continue to build services to satisfy their
distribution requirements." "The HISPASAT Group is proud to
cooperate with RRsat in this project," commented Miguel Angel
Redondo Ugena, Commercial & Services Director of Hispasat.
"HISPASAT, the Spanish satellite operator is already the seventh
company in the world as regards income in its sector and is the
leader in the broadcasting and distribution of contents in Spanish
and Portuguese, with more than 1,100 radio and television channels,
including the contents of important digital platforms of Direct to
Home Television (DTH) and High Definition Television (HDTV), both
in Europe and in America. The Group leads also 3D TV projects with
which the company tries to bring this new three-dimensional system
to our homes, researching the technical possibility of creating
live audiovisual productions with this technology." 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 500
television and radio channels, covering more than 150 countries.
Visit the company's website http://www.rrsat.com/ for more
information. 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, (iii) our ability to successfully integrate the teleports we
acquired, (iv) our ability to develop and commercialize the RRsat
Global Internet TV service, (v) our expectation to extend the
average length of our contracts in the future, (vi) our ability to
report future successes and (vii) our intention to distribute
dividends in the future and the size of any dividends declared.
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, 2008 and our Current Reports
on Form 6-K. Information in this press release concerning Hispasat
is based on information published by Hispasat 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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