RRsat Signs Contract with Large Indian Broadcaster
RRsat Signs Contract with Large Indian Broadcaster
Two ETV channels to be distributed over the RRsat Global Network to Dish Network
AIRPORT CITY BUSINESS PARK, Israel, April 16, 2012/PRNewswire-FirstCall/ --
RRsat Global Communications Network Ltd. (NASDAQ: RRST), a leading provider of
comprehensive content management and global distribution services to the television and
radio broadcasting industries, announced that it has signed a contract with ETV, one of
the largest networks of satellite television channels in India.
ETV Kannada and ETV Marathi are downlinked at RRsats' main teleport in Emek HaEla from
Insat 4a satellite. The channels are converted from PAL to NTSC, encoded, and with a time
delay delivered by fiber over the RRsat Global Network to Dish Network USA.
"We are very pleased that ETV has chosen the RRsat Global Network to further expand
its global reach to the USA," commented Lior Rival, VP Sales & Marketing of RRsat. "ETV is
joining our extensive list of customers and we are looking forward to a long term business
relationship."
"RRsat Global Communication Network Ltd provides reliable, good-quality, turnkey
delivery solutions," said ETV Network's Vice President Mr. K. Bapineedu. "RRsat has been
instrumental in delivering signals of ETV Channels to USA with necessary time shift
according to one of our requirements."
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
About ETV Network
ETV Network is one of the largest networks of satellite television channels in India.
Based at Hyderabad, this network runs a group of 12 regional language news and
entertainment channels. ETV Network's, bouquet of 12 regional channels are source of rich
infotainment to audiences in the language of their choice: ETV Telugu, ETV2, ETV Bangla,
ETV Marathi, ETV Kannada, ETV Oriya, ETV Gujarati, ETV Urdu, ETV Uttar Pradesh, ETV
Rajasthan, ETV Bihar and ETV Madhya Pradesh. ETV-Network channels have been popular
because the quality entertainment is provided to viewers in the language of their choice
depicting the culture with which they are able to connect. It is this spirit of empathy
with individual cultures/languages that has helped ETV to reach millions of viewers.
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 report future successes, (viii) our ability to expand
our activity in the American market, and (ix) 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, 2011 and our Current Reports on Form 6-K.
Information in this press release concerning ETV is based on information provided by
ETV and has not been independently verified by RRsat.
Company Contact Information:
Christine Ben Amram, MarCom Manager
Tel: +972-3-9280808
Email: marketing@RRsat.com
External Investor Relations Contacts:
Ehud Helft / Porat Saar
Tel: 1-646-233-2161
rrsat@ccgisrael.com
Source: RRSat Global Communications Network Ltd
-------
Profile: intent
0 Comments:
Post a Comment
<< Home