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Praebius Communications, Inc. Announces the 2nd of More Than 50
Contracted Ad Systems Installations Being Completed This Week for
Almega Cable
SANTEE, NC, Nov 17, 2008 (MARKET WIRE via COMTEX) --
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.
Contact: Praebius Communications, Inc.
(971) 239-4166
Investor Relations: Alexander Lindale LLC
696 West 1st Ave. Suite #1, Midvale, Utah 84047
801-568-0336
SOURCE: Praebius Communications, Inc.
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