RE'EM, Israel, April 7, 2011 /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
industry, announced today the implementation of its new MCPC
platform on Hispasat 1E satellite at 30 degrees west.
The MCPC platform will cater specifically to Latin America, utilizing the downlink, uplink,
space segment, and playout services from RRsat's newest playout
center in Hawley, Pennsylvania.
RRsat will broadcast content in SD, HD, and 3D formats both to the
tens of millions of viewers in Latin
America capable of receiving digital television through
Direct-to-Home broadcasting and to digital terrestrial television
operators, DBS operators and cable headends. Additionally, RRsat
will be able to distribute original Latin American content to other
parts of the world through its global network.
The MCPC platform is the latest development in RRsat's focus on
providing content to Latin
America.
"RRsat recognizes that Latin
America is the next great frontier in content broadcasting,"
said Lior Rival, VP Sales &
Marketing at RRsat. "We have always given particular focus to this
region, but now with our new platform and connection to Hispasat,
we are able to increase these efforts, not only in providing
content to Latin America, but also
in distributing the wealth of Latin American content to other parts
of the world."
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 provides
these services to more than 590 television and radio channels,
covering more than 150 countries. Visit the company's website
http://www.RRsat.com for more information.
About Hispasat
HISPASAT is already the world's seventh largest company by
revenue in the sector, it broadcasts and distributes more than
1,150 television and radio channels, including the contents of
major Direct to Home (DTH) digital platform services, both in
Europe and America . The Group is
the leading technological and cultural bridge on both sides of the
Atlantic.
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, (viii)
our ability to expand our activity in the American market, and (ix)
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, 2010 and our Current Reports on Form
6-K.
Information in this press release concerning Hispasat is based
on information provided by Hispasat and has not been independently
verified by RRsat.
Company Contact Information:
Dr. Beth Erez, Sr. Advisor
Tel: +972-8-861-0000
Email: marketing@RRsat.com
Public Relations Contact:
Josh Kail, Vendeloo
Tel: +1-718-522-9873
Email: josh@vendeloo.com
SOURCE RRSat Global Communications Network Ltd