REEM, Israel, October 26, 2010 /PRNewswire-FirstCall/ -- RRsat
Global Communications Network Ltd. (NASDAQ: RRST), a leading
provider of comprehensive content management and global
distribution services to the television and radio broadcasting
industries, announced today that Meidad Katz has been appointed the
new VP of Engineering and Professional Services and Ziv Mor has been promoted to VP of Business
Development in addition to his responsibilities as Chief Technology
Officer.
Meidad Katz comes to RRsat from HOT Telecom where he served as
VP of Engineering and Chief Technology Officer. As VP of
Engineering and Professional Services at RRsat, Meidad will apply
his expertise with technology and engineering to help enhance
RRsat's high quality of service.
Ziv Mor, an RRsat veteran since
1997, will apply his years of experience working with RRsat's
technological endeavors to work even closer with its partners and
alliances in his new role as VP of Business Development while
continuing to lead the company's technological roadmap.
"Bringing on Meidad and promoting Ziv are the latest steps RRsat
is taking to continue providing comprehensive broadcasting services
to a global market," said David
Rivel, founder and CEO of RRsat. "We are confident that
Meidad's wealth of knowledge and Ziv's years of service with RRsat
will positively impact these goals."
The addition of Meidad Katz and promotion of Ziv Mor, follow the recent hiring of
Eric Larsen as Senior Director of
Sales, North America, and
David Aber as Chief Finance
Officer.
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 550 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 RRinternetTV service, (v) our
expectation to extend the average length of our contracts in the
future, (vi) our ability to develop, expand and commercialize our
HD Platform, (vii) our ability to report future successes and
(viii) 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, 2009 and our Current Reports on Form
6-K.
Company Contact Information:
Dr. Beth Erez, Sr. Advisor, Marketing
Tel: +972-8-861-0000
Email: marketing@RRsat.com
David Aber, CFO
Tel: +972-8-861-0000
Email: investors@RRsat.com
Public Relations Contact:
Josh Kail, Vendeloo
Tel: +1-718-522-9873
Email: josh@vendeloo.com
External Investor Relations Contacts:
Ehud Helft/ Porat Saar
CCG Investor Relations Israel
Tel: +646-233-2161
Email: rrsat@ccgisrael.com
SOURCE RRSat Global Communications Network Ltd