Praebius Communications, Inc. Announces Its One-Year Anniversary of Full Operational Deployment of Its Ad Systems Integrated Dig
October 02 2008 - 7:30AM
Marketwired
Praebius Communications, Inc. (PINKSHEETS: PRCM) has announced that
it has completed its Ad Systems first year installation and
contracts into nearly 250,000 subscribers in Franchise Cable TV
Systems, Multiple Dwelling Units, University Campuses and Hotels.
The systems installed allows Ad Systems, Inc. to be the exclusive
cable advertising sales company for all systems on cable TV
networks such as CNN, ESPN and USA.
J. Michael Heil, CEO of Praebius Communications, Inc., states,
"The Ad Systems Technology is working perfectly and over the summer
we added a traffic and billing module to our technology quiver in
all of our system installations. We also have a tremendous contract
backlog and this allows us to capture and keep more of the ad
revenue we generate. The AD Systems configuration also allows
system management to be virtual allowing centralize management of
systems throughout the country."
Dave Allen, Ad Systems V.P. of Sales, notes: "We are finding
that there are many areas of the country that have been without our
system and the cable Ad Insertion capabilities and the way we do
business allows us to fill that void. Local, regional and national
advertisers can now advertise into zip codes and to markets that
have been previously unreachable with video ads."
Mr. Allen further adds: "One of our first contracted systems was
with the University of Mississippi and because of the Presidential
debates this past weekend they received a lot of attention from
both political and local advertisers. Ole Miss, like many
universities, is operating its own cable system that feeds
television programming to campus dorm rooms, university housing,
class rooms, offices and in public areas that serve an entire
campus population of students plus faculty and visitors. Cable TV
programming like CNN, ESPN and TBS can also be seen in lounge
areas, including student union areas, lobbies, and many other
public areas on campus."
About Praebius Communications, Inc.:
Praebius is a digital media and video communications Company. It
develops and deploys Ad Insertion and streaming media technology
into the cable TV, Satellite and IPTV markets. For additional
information and system locations, please visit:
www.adsystemscatv.com, www.praebius.com, www.addige.net.
"Safe Harbor" Statement under the Private Securities Litigation
Reform Act of 1995:
Statements in this press release relating to plans, strategies,
economic performance and trends, projections of results of specific
activities or investments, and other statements that are not
descriptions of historical facts may be forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995, Section 27A of the Securities Act of 1933 and Section 21E
of the Securities Exchange Act of 1934. Forward-looking information
is inherently subject to risks and uncertainties, and actual
results could differ materially from those currently anticipated
due to a number of factors, which include, but are not limited to,
risk factors inherent in doing business. Forward-looking statements
may be identified by terms such as "may," "will," "should,"
"could," "expects," "plans," "intends," "anticipates," "believes,"
"estimates," "predicts," "forecasts," "potential," or "continue,"
or similar terms or the negative of these terms. Although we
believe that the expectations reflected in the forward-looking
statements are reasonable, we cannot guarantee future results,
levels of activity, performance or achievements. The company has no
obligation to update these forward-looking statements.
Contact: Praebius Communications, Inc. (971) 239-4166 Investor
Relations: Alexander Lindale L.L.C. 696 West 1st Ave., Suite #1
Midvale, Utah 84047 (801) 209-1742
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