Paul Korda . com - The Web Home of Paul Korda, singer, musician & song-writer.

International Entertainment News

Wednesday, July 21, 2010

Ad Systems Communications, Inc. Completes Six-for-One Share Dividend

Ad Systems Communications, Inc. Completes Six-for-One Share Dividend

SALEM, Ore., July 21 /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, is pleased to announce that it has completed a six-for-one share dividend on Ad Systems' common stock to shareholders of record at the close of business on July 19, 2010. As a result of the stock dividend, shareholders will receive five additional common shares for every share held on the record date.

J. Michael Heil, CEO of Ad Systems Communications, Inc. stated, "We believe that the stock dividend will create additional liquidity in the market and make Ad Systems' stock more attractive to a broader range of investors. We continue to see significant potential for growth as we move forward and remain committed to attracting investors who share this enthusiasm and take a long-term view of the company's growth opportunities."

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/


-------
Profile: intent

0 Comments:

Post a Comment

<< Home