AIRPORT CITY BUSINESS PARK, Israel, June 24,
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 the opening of a local
office in Moscow, Russia.
"Enhancing our position in the Russian market is an important
strategic initiative and a key part of our global expansion
program," commented Avi Cohen,
RRsat's Chief Executive Officer. "We are committed to providing
this market with end-to-end premium digital media broadcasting
solutions."
RRsat's new Moscow office is a
key step towards establishing a presence in Russia and the Commonwealth of Independent
States (CIS), a market of tens of millions of households. This step
has been preceded by extensive efforts to assemble the required
infrastructure, including local premium platforms, strategic
partnerships and alliances, and the recruitment of a local team, to
provide tailored solutions for broadcasting in and out of this
region.
The professional team at RRsat's new Moscow office offers services ranging from
premium broadcasting solutions, leveraging RRsat's 24/7 global
distribution network, through end-to-end content management and
extensive playout services.
"The establishment of our local presence clearly demonstrates
our commitment to this strategically important market," added Mr.
Cohen. "RRsat is focused on helping our customers reach as many
households in Russia and the CIS
as possible, while also cost-effectively expanding their reach
outside of the country to viewers throughout the world. This is one
step in our strategy to bring global broadcasting solutions to
various regions, by establishing a local presence."
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/ 917-607-8654
Brett@haydenir.com/ msegal@ms-ir.com
SOURCE RRSat Global Communications Network Ltd