RRsat Chosen by KidsCo to Transmit Channel Over Australia
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| Posted
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Mon, 09 Nov 2009 11:04:54 GMT |
| Author
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RRsat Global Communications Network Ltd. |
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Press Release |
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RE'EM, Israel, November 9 /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 by KidsCo, a joint venture channel owned by leading media
companies NBC Universal, Corus Entertainment Inc. (Nelvana) and Cookie Jar
Group, to provide playout to Australia.
RRsat will be providing comprehensive playout and uplink services, as
well as distributing the channel to the Foxtel DBS platform in Australia via
the Asiasat 5 satellite. KidsCo also has the option to leverage RRsat's
Global Network to provide additional playout to Western Europe, Eastern
Europe, Latin America and Asia in the future.
Mr. Paul Robinson, Managing Director of KidsCo commented: "KidsCo needed
an innovative flexible partner for playout to Australia and we chose RRSat
because they proved themselves to be very customer focused and dedicated to
finding high quality business solutions."
"We are very excited that KidsCo has chosen RRsat as part of its
international expansion strategy, targeting prime new geographies, reaching
millions of new households and potential viewers," commented Mr. Lior Rival,
Vice President, Sales and Marketing of RRsat. "We look forward to further
expanding the channel's coverage in the future, taking it to new regions and
countries in Europe, Middle East, Asia and South America, further leveraging
the advanced RRsat Global Network."
About KidsCo
KidsCo is the fourth global children's television network. Launched in
September 2007, KidsCo is a joint venture channel owned by leading media
companies NBC Universal, Corus Entertainment Inc. (Nelvana) and Cookie Jar
Group. KidsCo's global distribution plan, launching linear, VOD, SVOD and
IPTV channels been rolled out in prime territories around the world,
including Germany, France, Portugal, Spain, Romania, Ukraine, the Middle
East, Hungary, Russia, Turkey, Poland, Singapore, the Philippines, South
Korea, Palau, Papua New Guinea, Thailand, Cambodia, Hong Kong and countries
across sub-Saharan Africa
About RRsat Global Communications Network
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 500 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, (iii) our ability to
successfully integrate the teleports we acquired, (iv) our ability to develop
and commercialize the RRsat Global Internet TV service, (v) our expectation
to extend the average length of our contracts in the future, and (vi) 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 KidsCo 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: +1-866-704-6710
To contact KidsCo Press office:
Tel: +44-(0)-207-268-3076
Email: kidsco@championcomms.com
SOURCE RRsat Global Communications Network Ltd.
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Copyright © 2008
PR Newswire. All rights reserved.
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