Ad Systems' Subscriber Base Exceeds 300,000 With the Latest Installation in the Caribbean
Ad Systems' Subscriber Base Exceeds 300,000 With the Latest Installation in the Caribbean
ROSEAU, Dominica, June 25 /PRNewswire-FirstCall/ -- Ad Systems Communications, Inc. (BULLETIN BOARD: ADSY) , a leading service provider of digital media and video communications for all major cable TV networks, announces today that it has deployed its second system in the Caribbean islands. Its proprietary, patent-pending cable TV ad insertion technology has been installed in Roseau, Dominica bringing 15,000 new subscribers to the company's island market segment and bringing its world-wide subscriber count to over 300,000.
"The Company is now posed to expand its customer base to 1,000,000 subscribers through the deployment of already-signed multi-year contracts which are awaiting installation. Based on July 2008 In-Stat Study: US Addressable TV Advertising, cable operators capture approximately $5-$6 per household per month by providing geographically zoned advertising," states Michael Heil.
In addition, Michael Heil further communicates, "This cable TV ad insertion system placed with Marpin 2k4 Ltd will significantly increase the company's footprint in the Caribbean and it represents a strategic building block in our expansion plan for the entire region. Dominica offers a great opportunity due to the large number of cable TV systems which have never had access to the innovative ad insertion and video streaming capabilities of Ad Systems."
About Ad Systems Communications, Inc.
Ad Systems Communications, Inc. is a digital media and video communications services Company which provides quality advertising inventory for all the major cable TV networks such as ESPN, MTV, DISCOVERY, CNN, LIFETIME, A&E, FOX NEWS and TNT by deploying its patent pending insertion and streaming media technology into the cable, satellite and IP television markets. The company derives revenue from this inventory by selling it to advertisers to insert both long and short form video commercials into highly targeted markets.
For more information, visit: http://www.adsystemscatv.com/.
Forward-Looking Statement: 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 acquisitions or actions in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those contained in such statements. Such risks, uncertainties, and factors include, but are not limited to, future capital needs, changes, and delays in product development plans and schedules, or market acceptance.
Contact:
Ad Systems Communications, Inc. Investor Relations
ir@adsystemscatv.com
(617) 871-0204
Source: Ad Systems Communications, Inc.
CONTACT: Ad Systems Communications, Inc. Investor Relations,
+1-617-871-0204, ir@adsystemscatv.com
Web Site: http://www.adsystemscatv.com/
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