Published:
Praebius Communications, Inc. Announces the 2nd of More Than 50 Contracted Ad Systems Installations Being Completed This Week for Almega Cable
Praebius Communications Inc. (PINKSHEETS: PRCM)
is pleased to announce that its Ad Systems Unit has deployed one system for
Almega Cable to date and is in the process of completing the second ad
systems installation this week in Santee, North Carolina. The cable system
has already booked ad revenue going into the 4th quarter on networks such
as TNT, SPIKE, CNN and Fox News.
Bob Hall, Chairman, said, "Praebius Communications Inc. is deploying its
first system in North Carolina this week with many more to come. Our goal
is to have a minimum of 100,000 subs in each state or region and we feel
that this is a good start for us in North Carolina. Ad Systems Revenue
grows with each subscriber and every cable system and will continue to grow
as we deploy more systems and gain advertisers."
Martin Alcock, C.T.O., said, "We are looking to cluster many smaller cable
systems in specific regions to garner larger regional advertiser dollars
here in North Carolina in a way that is similar to our accomplishment in
Kentucky. We have nearly 400 systems to deploy and hope to finish our
first build out year completing close to 300,000 of our 1.5 million
contracted subscribers. We are focused on building clusters of cable
subscribers where we have established systems which will magnify our
per-subscriber revenue and minimize our cost. Our own traffic and billing
system addige.net can manage this kind of system structure as it can
operate many small systems separate or together."
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 or www.goldenboards.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 may
not occur.
Copyright © 2009, MarketWire
Copyright © 2009, NewsBlaze,
Daily NewsTags: ,Media and Entertainment:Television, ProfessionalServices:Advertising,PRandMarketing, Telecom:CableandSatelliteServices, ,INTHPINK,INTHPINK,NC,SANTEE, NC
Search News
Daily News
