AIRPORT CITY BUSINESS PARK, Israel, May 23,
2013 /PRNewswire/ --
RRsat Global Communications Network Ltd. (NASDAQ: RRST), a
leading provider of comprehensive digital content management and
global distribution services to the television and radio
broadcasting industry, announced today a long term agreement to
enable Word Network, the largest African-American religious network
in the US, to reach millions of viewers in Australia, New
Zealand and the Arab world. The broadcast solution utilizes
RRsat's KU-band platforms on the Eutelsat 25C satellite and Optus
D2 satellite. Under the agreement, RRsat will enable Word Network
to reach cable headends and direct-to-home (DTH) viewers in
Australia and New Zealand as well as DTH viewers throughout
the Arab world.
The Eutelsat 25C satellite, located at the Badr position,
reaches viewers throughout the Arab world, in the Middle East as well as North Africa (MENA). The RRsat platform on
Optus D2 satellite provides coverage of Australia and New
Zealand. RRsat currently provides turnaround and
uplink services for Word Network from its platforms on the Galaxy
19, Eutelsat Hot Bird 13A and Thaicom satellites.
Kevin Adell, Word Network Chief
Executive Officer, said, "The Word Network is excited to be working
with RRsat to extend our reach in these new territories and we are
committed to bringing The Word Network to all corners of the globe
and remaining the largest African American religious network in the
world."
"RRsat is pleased that Word Network has chosen to deepen its
relationship with RRsat by selecting to extend their content
distribution to millions of viewers in the Middle East and North Africa, and to Australia and New
Zealand using the RRsat solutions," said Lior Rival, Chief Commercial Officer of RRsat.
"We look forward to working with Word Networks to help them reach
the maximum number of viewers worldwide with high quality,
affordable broadcasts."
About The Word
Network
The Word Network is the undisputed source for urban ministries
and gospel music. The non-profit network airs national and
international ministries, gospel music, interview shows, religious
conventions, special events and now produces a new show 'Rejoice in
the Word' aired LIVE every Friday at 8:30
p.m. - 10:00 p.m. EST. Based in Southfield, Michigan, The Word Network offers
family-friendly programming that touches the heart and soul of
African Americans in urban and rural markets. The Word
Network is available in 86 million homes in the United States through DirecTV, Comcast,
AT&T U-verse, Time Warner Cable, Bright House, Cox, and a host
of other cable operators and is available in over 200 countries
around the world including 9 million homes in the United Kingdom through Sky TV and 4 million
homes through Sky Italia in
Italy. Visit the company's website
http://www.thewordnetwork.org/
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
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) our ability to consummate the transaction in a timely
manner, or at all, (ii) our ability to successfully integrate the
acquired assets, (iii) the growth of our business in the United States and elsewhere,(iv) the
growth of our OU business, (v), our ability to build a stronger
local presence in the North American region (vi) our expectation to
expand our client base and sell additional services to our existing
client base, and (vii) our ability to report future successes.
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. We undertake no
obligation to update forward-looking statements to reflect
subsequent occurring events or circumstances, or to changes in our
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, 2012 and our
Current Reports on Form 6-K.
Company Contact Information:
Miki Hakak, Head of Marketing
Tel: +972-3-9280808
marketing@RRsat.com
Investor Relations Contacts:
Hayden/MS-IR LLC
Brett Maas/ Miri Segal-Scharia
+1-646-536-7331/ +1-917-607-8654
Brett@haydenir.com / msegal@ms-ir.com
SOURCE RRSat Global Communications Network Ltd