RRsat Chosen to Distribute Fashion TV's New High-Definition Channel to the US and to DISH Network
RRsat Chosen to Distribute Fashion TV's New High-Definition Channel to the US and to DISH Network
REEM, Israel, June 15/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 will be providing uplink and connectivity services
for the new Fashion TV Paris High Definition channel - FTV HD, over North
America and to DISH Network (NASDAQ: DISH) via the Galaxy-19 satellite.
The new channel is available in full HD 1080i@50 all over
North America and on DISH Network. FTV HD is available in the PlatinumHD
package on DISH Network Ch. 374 and in the DishLATINO Ultimate Pack on Ch.
5304. Subscription is currently available to approximately 15 Million DISH
Network customers.
Michel Adam, the President and CEO of Fashion TV said, "We are
very pleased to choose once again our long standing partner, RRsat, for its
premier offering and global reach enabling us to offer the unique Fashion
experience to millions of households over the globe. The HD format is perfect
for FTV viewers who seek quality, luxury and a premium viewing experience. In
the near future we are planning to launch the FTV channels on more and more
US networks as the first media innovation entering the USA from Europe, and
we hope to reach 50 million connected homes in the USA by Christmas 2009."
"We are extremely excited that our long standing customer, Fashion TV,
has once again chosen RRsat, for the distribution of its advanced
High Definition channel, leveraging RRsat's three innovative HD playout
centers," commented David Rivel, CEO and Founder of RRsat. "This is the third
time that Fashion TV has chosen RRsat to distribute its advanced HD channels,
with RRsat already taking FTV's High Definition channel to Asia, Australia,
via Asiasat-2 satellite, and to Europe, Middle East and Africa via EuroBird-9
satellite. This additional contract clearly attests to this long standing
customer's satisfaction with RRsat's unique service offering."
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.
About Fashion TV
Fashion TV is the largest fashion medium in the world. FTV's
mission since inception in 1997, is to innovate, show and follow the latest
trends in fashion and audiovisual technology. Major shows from all over the
world were brought live in High Definition with Fashion TV producing and
broadcasting more than 20 fashion shows live in High Definition each season.
The picture clear quality channel offers over 500 hours of new program
content every year, 300 new shows and 600 new clips every season. Visit the
company's website http://www.fashiontv.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, (iii) our ability
to successfully integrate the teleports we acquired, (iv) our ability to
develop and commercialize the RRsat Global Internet TV service, and (v) 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, 2008
and our Current Reports on Form 6-K.
Information in this press release concerning Fashion TV and
DISH Network was provided by Fashion TV and DISH Network, and has not been
independently verified by RRsat.
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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