SOURCE: Praebius Communications

October 02, 2008 08:30 ET

Praebius Communications, Inc. Announces Its One-Year Anniversary of Full Operational Deployment of Its Ad Systems Integrated Digital Video Technology

SALT LAKE CITY, UT--(Marketwire - October 2, 2008) - Praebius Communications, Inc. (PINKSHEETS: PRCM) has announced that it has completed its Ad Systems first year installation and contracts into nearly 250,000 subscribers in Franchise Cable TV Systems, Multiple Dwelling Units, University Campuses and Hotels. The systems installed allows Ad Systems, Inc. to be the exclusive cable advertising sales company for all systems on cable TV networks such as CNN, ESPN and USA.

J. Michael Heil, CEO of Praebius Communications, Inc., states, "The Ad Systems Technology is working perfectly and over the summer we added a traffic and billing module to our technology quiver in all of our system installations. We also have a tremendous contract backlog and this allows us to capture and keep more of the ad revenue we generate. The AD Systems configuration also allows system management to be virtual allowing centralize management of systems throughout the country."

Dave Allen, Ad Systems V.P. of Sales, notes: "We are finding that there are many areas of the country that have been without our system and the cable Ad Insertion capabilities and the way we do business allows us to fill that void. Local, regional and national advertisers can now advertise into zip codes and to markets that have been previously unreachable with video ads."

Mr. Allen further adds: "One of our first contracted systems was with the University of Mississippi and because of the Presidential debates this past weekend they received a lot of attention from both political and local advertisers. Ole Miss, like many universities, is operating its own cable system that feeds television programming to campus dorm rooms, university housing, class rooms, offices and in public areas that serve an entire campus population of students plus faculty and visitors. Cable TV programming like CNN, ESPN and TBS can also be seen in lounge areas, including student union areas, lobbies, and many other public areas on campus."

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 and system locations, please visit: www.adsystemscatv.com, www.praebius.com, www.addige.net.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995:

Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.

Contact Information

  • Contact:
    Praebius Communications, Inc.
    (971) 239-4166

    Investor Relations:
    Alexander Lindale L.L.C.
    696 West 1st Ave., Suite #1
    Midvale, Utah 84047
    (801) 209-1742