REEM, Israel, December 15, 2010 /PRNewswire-FirstCall/ -- RRsat
Global Communications Network (NASDAQ: RRST), a leading provider of
comprehensive content management and global distribution services
to the television and radio broadcasting industries announced today
the opening of its 111 8th Ave POP (Point of Presence) in
New York City, RRsat's second POP
in the New York metropolitan area
with a third POP at 60 Hudson St. scheduled to launch in the near
future.
These New York City POPs mark the expansion of RRsat's fiber
capabilities, beyond its current POP at 165 Halsey Street in
Newark, New Jersey, strengthening
the ability for content providers and broadcasters to reach RRsat
via fiber and giving them access to the RRsat Global Network with
its proven ability to broadcast globally.
"This is an important step forward in expanding our North
American and global operations," said Lior
Rival, Vice President, Sales and Marketing, of RRsat. "This
second New York area POP, to be
followed shortly with the Hudson Street POP, provides us additional
access to the US market and enhances our ability to meet the US
broadcasting industry's demands for high quality, reliable, and
expert services, be it via satellite, fiber, or a combination of
the two."
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
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 establish new POPs or maintain
existing POPs, (viii) our ability to report future successes, (ix)
our ability to expand our activity in the North American market,
and (x) 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: Public Relations Contact:
Dr. Beth Erez, Sr. Advisor Josh Kail, Vendeloo
Tel: +972-8-861-0000 Tel: +1-718-522-9873
Email: marketing@RRsat.com Email: josh@vendeloo.com
SOURCE RRSat Global Communications Network Ltd