VOOM Announces Continued Service

VOOM Announces Continued Service

JERICHO, N.Y., Feb. 28 /PRNewswire/ -- VOOM HD, LLC today announced that it is prepared to finance the continued expansion of the VOOM satellite service. Supported by the family interests of Charles and Thomas Dolan, VOOM HD, LLC has advised Cablevision that it continues to be interested in completing a transaction on the terms and conditions of the Letter of Intent into which the two companies entered several weeks ago. These include the purchase of assets and the assumption of liabilities related to the satellite service.

Said Tom Dolan, VOOM HD's CEO, "We are more than ever convinced of the viability of the VOOM service. We believe our offer to Cablevision is in the best interests of Cablevision's shareholders and VOOM's 46,000 subscribers across the nation. If we are able to complete negotiations with Cablevision, we are certain that VOOM HD will emerge as a robust new vendor providing a valuable alternative to the two services that now dominate the satellite industry."

VOOM is the first television service to provide a comprehensive array of high-definition (HD) programming for the rapidly growing but underserved HDTV audience. With a lineup of nearly 40 HD channels, VOOM delivers more HD programming than any other satellite or cable service provider. VOOM's HD lineup includes STARZ! HD, Encore HD, Showtime HD, Playboy Hot HD, ESPN HD, HBO HD and Cinemax HD, as well as an exclusive package of brand-new, commercial-free VOOM HD Originals such as WorldSport, Equator and Animania. The service also includes 87 of the most popular cable channels in standard- definition (SD), 23 digital music channels, and free over-the-air digital broadcast channels in HD, where available. VOOM is offered across the continental United States through local Sears retailers; at BrandsMart USA stores; and through O'Rourke Sales Company's independent electronics retailers with approximately 10,000 locations in all 50 states. Customers can also purchase the service by calling 1-800-GET-VOOM or by visiting http://www.voom.com/.

Source: VOOM HD, LLC

CONTACT: Bo Park for VOOM HD, LLC, +1-516-803-1777

Web Site: http://www.voom.com/

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