AIRPORT CITY BUSINESS PARK, Israel, April 18,
2012 /PRNewswire/ --
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, and THAICOM Plc., Asia's leading commercial satellite operator,
announced today that the contract for the global distribution of
the Vietnam Television (VTV) channel has been extended.
The VTV-4 channel is downlinked from THAICOM 5
Satellite to RRsat's main teleport, Emek HaEla, and from there uplinked to the
Eutelsat Hot Bird Satellite for delivery to Europe, and the Middle East. In addition, the channel is
delivered from Emek HaEla over fiber
to RRsat's USA based teleport
Hawley, Pennsylvania. From the Hawley teleport, the content
of the channel is uplinked to Galaxy 19 Satellite and Intelsat 805
Satellite, for distribution to North and South America.
THAICOM has been provided satellite services for 20 years and
Vietnam Television is the longest-running international customer on
the THAICOM fleet.
Lior Rival, Deputy CEO and VP
Sales & Marketing, commented, "We are glad to
continue serving, together with THAICOM, our mutual long lasting
customer VTV. Our state-of-the-art teleports guarantee the quality
delivery of the VTV channel to their end customers."
Komson Seripapong, Vice President of Marketing and Sales,
said, "We are pleased that VTV has extended the contract
with THAICOM for global television service. THAICOM has
broadcasted the VTV-4 channel on its C-band Global beam for more
than ten years. We have provided a turnkey global broadcasting
solution from Europe to America.
We would like to thank RRsat for its long term
commitment and collaboration with THAICOM. We look forward for more
cooperation in the future."
About RRsat Global Communications
Network Ltd.
RRsat Global Communications Network Ltd. (NASDAQ: RRST) provides
global, end-to-end, content management and distribution services to
the rapidly expanding television and radio broadcasting industries,
covering more than 150 countries. Through its RRsat Global Network,
composed of satellite and terrestrial fiber optic capacity and the
public Internet, RRsat provides high-quality and flexible global
distribution services 24/7 to more than 630 channels reaching
multiplatform operators, Internet TV and direct-to-home
viewers worldwide and also offers occasional use services
for sports, news and events with a fleet of flyaways and over
10 transportable satellite news gathering services (SNG)
units. More than 130 television and radio channels use
RRsat's advanced production and playout centers comprising
comprehensive media asset management services. Visit the company's
website http://www.rrsat.com
About THAICOM Plc.
THAICOM PLC. founded on November 7,
1991, is a satellite and telecommunications operator with
customers throughout Asia,
Africa, Europe and Australia. Currently, the Company operates two
THAICOM satellites at geostationary orbit. THAICOM 5 carries
more than 400 television channels at its 'hotbird' location of 78.5
degrees East while THAICOM 4 (IPSTAR) can deliver broadband
services to millions of users across 14 countries in Asia Pacific. THAICOM 6 is presently
under construction and planned for launch in 2013 to serve the
increasing demand for broadcast services. Partnering with
AsiaSat, the Company will launch THAICOM 7 (AsiaSat 6) in 2014.
THAICOM is listed on the Stock Exchange of Thailand (SET) under the trade symbol "THCOM".
For more information, please visit the company's website
http://www.thaicom.net and http://www.ipstar.com.
About VTV
Vietnam Television (VTV) was established in northern
Vietnam in September 1970 and is a national broadcasting
station which shall disseminate information and make public lines
and policies of the Government of Vietnam.
Colour television was introduced in Vietnam in 1978 and by 1990 Vietnamese viewers
were served by two national TV channels. Today Vietnam Television
(VTV) comprises many channels: VTV 1 (channel 9) focuses on news
and current affairs; VTV 2 (channel 11) covers science, technology
and education; and VTV 3 (channel 22) offers sports and
entertainment programs. Launched in 2000, the international channel
VTV 4 offers the best of local programming from all three domestic
channels via satellite to Vietnamese audiences in Asia, North
Africa, Europe,
North America and South West Australia. A fifth channel, VTV5,
was introduced in 2002 to serve the ethnic minority communities
living in Vietnam VTV6, VTV9 were
started in 2007. VTV6 serves for youth while VTV9 is a channel for
all categories from current events, business news, to music and
movies to serve Southern audience.
Vietnam Television (VTV) is a full member of the Asia Pacific
Broadcasting Union (ABU) and a member of the Asia Pacific
Institute for Broadcasting Development (AIBD). It is also
active in a variety of other international and regional
organizations, including the Asian Institute for International
Communication Exchange, the International Council for Francophone
Radio and Television, UNICEF and UNESCO. Visit the company's
website http://www.vtv.vn
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,
2011 and our Current Reports on Form 6-K.
Information in this press release
concerning Thaicom and VTV is based on information provided by the
respective companies and has not been independently verified by
RRsat.
Company Contact Information:
Christine Ben Amram, MarCom
Manager
Tel: +972-3-9280808
Email: marketing@RRsat.com
External Investor Relations Contacts:
Ehud Helft / Porat Saar
Tel: +1-646-233-2161
rrsat@ccgisrael.com
SOURCE RRSat Global Communications Network Ltd