RRsat Expands Agreement With Sony Pictures Television International and Broadcasts AXN SCI-FI to Russia
RRsat Expands Agreement With Sony Pictures Television International and Broadcasts AXN SCI-FI to Russia
OMER, Israel, May 19/PRNewswire-FirstCall/ -- RRsat Global Communications Network Ltd. (NASDAQ: RRST), a
rapidly growing provider of comprehensive content management and global
distribution services to the television and radio broadcasting industries,
announced today that it has been chosen to distribute AXN SCI-FI, the science
fiction channel from Sony Pictures Television International ("SPTI") into
Russia, over its premier RRsat Global Network.
The new agreement will leverage extensive capabilities of the
RRsat Global Network including RRsat's fiber optic from the United Kingdom
and encrypted satellite distribution services over the ABS-1 Satellite. As
part of the agreement, RRsat will also provide value added services such as
encryption.
"We are proud to expand our relationship with SPTI, taking the
channel to new regions by leveraging the advanced capabilities RRsat's
premier Global Network offers its customers. This agreement further
demonstrates the added value RRsat's customers gain from our total end-to-end
solution, from broadcasting through distribution, while expanding the
channels boundaries to reach to new countries, regions and continents," said
David Rivel, CEO and Founder of RRSat.
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 provide these services to
more than 425 television and radio channels, covering more than 150
countries. Visit the company's website http://www.RRsat.com for more
information.
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, and (iii) 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. 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, 2007
and our Current Reports on Form 6-K.
Company Contact Information:
Gil Efron, CFO
Tel: +972-8-861-0000
Email: investors@RRsat.com
External Investor Relations Contacts:
Ehud Helft / Kenny Green
Tel: +1-646-201-9246
Source: RRSat Global Communications Network Ltd
Company Contact Information: Gil Efron, CFO, Tel: +972-8-861-0000, Email: investors@RRsat.com; External Investor Relations Contacts: Ehud Helft / Kenny Green, Tel: +1-646-201-9246
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