Praebius Communications Prepares Final Launch to Become Full Spectrum Supplier for Cable Advertising System Operators
October 30 2008 - 6:30AM
Marketwired
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
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