Praebius Communications, Inc. Announces That It Is Running at Capacity on Both Major News and Other Cable Networks
October 20 2008 - 6:00AM
Marketwired
Praebius Communications, Inc. (PINKSHEETS: PRCM) has announced that
its Ad Systems installations in over 30 locations are running at or
near capacity. The major cable news networks such as CNN and Fox
News started to fill up with political ads in August and now in
October they are running full.
Bob Hall, Chairman, said, "The Ad Systems technology is a proven
reliable workhorse able to handle the work load with 25 years of
technology packed into our proprietary operating system; now we
just need more spots to sell. Although CNN provides us tones to
insert six 30-second ads per hour, we are sold out in the prime
time space in many of our systems. We have another 300 cable TV
franchise systems and 60 campuses scheduled for installation and
welcome this as a continuing problem."
Martin Alcock, C.T.O., said, "We are finding that there are many
local, regional and national advertisers who are looking to us as a
niche ad outlet for both area and demographic specific advertising.
We are able to get their messages out right now, especially in
political battleground states. We are in the process of enabling
some of our existing systems to sell more ads by deploying more ad
insertion equipment, and also installing another 24 channels this
month, adding another 70,000 thirty second avails monthly."
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, please visit: www.adsystemscatv.com,
www.praebius.com.
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 might not
occur.
Contact: J. Michael Heil Praebius Communications, Inc. (971)
239-4166
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