RRSAT Expands its New York Metropolitan Area Fiber Connectivity
RRSAT Expands its New York Metropolitan Area Fiber Connectivity
Two Additional POPs are Scheduled to Launch Within the Region
REEM, Israel, December 15, 2010/PRNewswire-FirstCall/ -- RRsat Global Communications Network (NASDAQ: RRST), a leading provider of
comprehensive content management and global distribution services to the
television and radio broadcasting industries announced today the opening of
its 111 8th Ave POP (Point of Presence) in New York City, RRsat's second POP
in the New York metropolitan area with a third POP at 60 Hudson St. scheduled
to launch in the near future.
These New York City POPs mark the expansion of RRsat's fiber
capabilities, beyond its current POP at 165 Halsey Street in Newark, New
Jersey, strengthening the ability for content providers and broadcasters to
reach RRsat via fiber and giving them access to the RRsat Global Network with
its proven ability to broadcast globally.
"This is an important step forward in expanding our North American and
global operations," said Lior Rival, Vice President, Sales and Marketing, of
RRsat. "This second New York area POP, to be followed shortly with the Hudson
Street POP, provides us additional access to the US market and enhances our
ability to meet the US broadcasting industry's demands for high quality,
reliable, and expert services, be it via satellite, fiber, or a combination
of the two."
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 550 television and radio channels, covering more than 150
countries. Visit the company's website 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, (iii) our ability to
successfully integrate the teleports we acquired, (iv) our ability to develop
and commercialize the RRinternetTV service, (v) our expectation to extend the
average length of our contracts in the future, (vi) our ability to develop,
expand and commercialize our HD Platform, (vii) our ability to establish new
POPs or maintain existing POPs, (viii) our ability to report future
successes, (ix) our ability to expand our activity in the North American
market, and (x) our intention to distribute dividends in the future and the
size of any dividends declared. 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, 2009
and our Current Reports on Form 6-K.
Company Contact Information: Public Relations Contact:
Dr. Beth Erez, Sr. Advisor Josh Kail, Vendeloo
Tel: +972-8-861-0000 Tel: +1-718-522-9873
Email: marketing@RRsat.com Email: josh@vendeloo.com
Source: RRSat Global Communications Network Ltd
Company Contact Information: Dr. Beth Erez, Sr. Advisor, Tel: +972-8-861-0000, Email: marketing@RRsat.com; Public Relations Contact: Josh Kail, Vendeloo, Tel: +1-718-522-9873, Email: josh@vendeloo.com
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