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RRsat Wins US$6m North American Distribution Deal From DFHRRsat Enables DFH to Reach Turkish-Speaking Audience Effectively Across North AmericaPremier Turkish Programming Includes Eight TV Channels and Two Radio StationsDFH Is First to Utilize RRsat's 4th Platform on Galaxy 19 Satellite (March 31, 2014)
AIRPORT CITY BUSINESS PARK, ISRAEL -- (Marketwired) -- 03/31/14 -- RRsat Global Communications Network Ltd. (NASDAQ: RRST), a leading provider of digital content management and global content distribution services to the broadcasting industry, announced today that it has been selected to be the key delivery partner of Direct-From-Home Network Inc. (DFH Network) for North American distribution. DFH Network's package is the first to be distributed via RRsat's recently launched fourth platform of the Galaxy 19 satellite, host of America's premier ethnic content. The deal's revenues are expected to exceed US$6 million.
DFH Network is the premier producer and provider of Turkish programming in North America, providing a full range of general entertainment, news and sports content to the region's Turkish speaking residents. RRsat's solution includes uplinking DFH's packaged offering to the G19 satellite, allowing for direct-to-home distribution across North America.
"RRsat's extensive experience, dedication and professionalism made DFH Network's transition to its Galaxy 19 platform remarkably smooth," said Burak F. Cerrahoglu, Vice President of DFH Network Inc. "We chose RRsat because it was able to provide a seamless, instant solution for us. We are delighted with how easily the transition went and look forward to a long and productive relationship with RRsat."
"RRsat is pleased to welcome DFH Network as the first package on our new Galaxy 19 platform," said Ohad Har-Lev, President of RRsat America. "With our new G19 platform we are able to provide broadcasters with a simple, high-quality delivery solution that will continue to grow and improve. This, coupled with our track record and full range of media services we offer, is proving to be very compelling for customers who are looking for the best solution for domestic as well as global content distribution."
About Direct-From-Home Network Inc.
Direct-From-Home Network Inc. (DFH Network), a California-based company established in 1998, is the premier provider and producer of Turkish broadcast programming in North America through DTH (direct-to-home) satellite services. DFH Network's Turkish language programming via its 10 television and 4 radio channels offer viewers a variety of entertainment and information choices including sports, soap operas, fashion, health, cooking, music, talk-shows, movies, news and public affairs programming. With its unique All Time Prime Time concept, DFH Network offers an unprecedented TV viewing experience that is not available in any other platforms. DFH Network Inc. is the first US Broadcasting Company to launch a subscription based digital bouquet of channels, providing a full range of general entertainment, news, films and live soccer games to the Turkish speaking households in every region of North America.
RRsat Global Communications Network Ltd. (NASDAQ: RRST) provides global, end-to-end, digital content preparation and management, as well as content distribution services to the rapidly expanding broadcasting industry, covering more than 150 countries. Through its Global Network, composed of satellite and terrestrial fiber optic capacity and the public Internet, RRsat provides high-quality and flexible global content distribution 24 by 7 services to more than 630 channels reaching multiplatform operators, Internet TV and direct-to-home viewers worldwide. In addition, the company offers worldwide content management and distribution services for sports, news and other live events. More than 130 channels use RRsat's advanced production and playout centers, comprising of comprehensive media asset management services. Visit the company's website www.rrsat.com.
Information in this press release concerning Direct-From-Home Network Inc. is based on information provided by Direct-From-Home Network Inc. and has not been independently verified by RRsat.
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. 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. We undertake no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in our 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, 2013 and our Current Reports on Form 6-K.
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