SALT LAKE CITY, UT -- 10/30/08 --
Praebius Communications, Inc.
(PINKSHEETS: PRCM) is pleased to announce that we are now ready to launch
the last piece of our plan to become a full spectrum supplier for cable
advertising system operators. Using patent pending technology created by
our Ad Systems division, the company is rolling out the final component of
Addige.NET which provides networked traffic and billing for our ad
insertion system. This replaces support for third party packages previously
used for this purpose. The prior system usage will be phased out over the
next 90 days.
"The integration of world wide web technology into our traffic and billing
module enables us to deliver a competitive solution to turnkey operators
that has a low entry cost and integrates better with their business model,"
said Bob Hall, President of Ad Systems. "Our competitive solution is not
only innovative, but also enables smaller cable systems to come on line in
a cost effective manner. This will open up new markets for us and allow us
to offer our system to all cable franchise operators."
"With the rollout of this module Ad Systems becomes a full spectrum
supplier from data entry to ad insertion," said Martin Alcock, Chief
Technology Officer for Praebius Communications, Inc. "This places us in a
position where we own the technology all the way from data capture to
playback, thus enabling us to roll out insertion systems in the future that
are more tightly integrated and have improved playback completion rates due
to the ability to push decisions down to the insertion equipment."
For further information and systems locations visit www.praebius.com,
www.adsystemscatv.com or www.addige.net
Safe Harbor Statement Under The Private Securities Litigation Reform Act of
1995: The statements in the press release that relate to the company's
expectations with regard to the future impact on the company's results from
new products in development are forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. The
results anticipated by any or all of these forward-looking statements may
not occur. The Company assumes no obligation to update this information for
any reason.
Contact:
J. Michael Heil
971-239-4166
Investor Relations:
Alexander Lindale, LLC
696 West 1st Avenue
Midvale, Utah 84047
801-568-0336
