SOURCE: Praebius Communications, Inc.

October 21, 2008 09:45 ET

Praebius Communications, Inc. Announces Cable TV Ads in University Campuses on All Cable TV Networks Are Approaching Sold Out Status

SALT LAKE CITY, UT--(Marketwire - October 21, 2008) - Praebius Communications Inc. (PINKSHEETS: PRCM), announces that it has sold nearly all of its prime time inventory to political candidates for August, September and October in its niche University campus systems. AD Systems Inc. is the exclusive cable advertising sales company for many Universities' Cable TV Systems.

Bob Hall, Chairman of Praebius Communications Inc., said: "The Ad Systems Technology is working very well in all of our University Installations. We now serve well over 100,000 students with over 23,000 thirty second spots per university campus on the top cable TV networks. We are currently scheduling another 60 campuses to be installed and we are actively working with other major universities to continue to expand our ability to provide our advertisers with a way to present their advertising message to college students on all major cable TV Networks."

Dave Allen, Ad Systems V.P. of Sales, said: "Our Ad sales have been ringing the bell this month and last. We are finding it necessary to consider adding more networks in future installations to serve the needs of the many regional and national advertisers that are looking to us as a niche advertiser to get their messages out to the 18- to 25-year-old college student."

Mr. Allen further notes: "Many universities operate their own cable system that feed television programming to campus dorm rooms, university housing, classrooms, offices and public areas that serve a campus' total population. Cable TV programming like CNN, ESPN, MTVU and TBS can be seen in lounge areas, including student union areas, lobbies, and many other public areas on campus. This audience includes University faculty, students, and visitors 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.

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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 Information

  • J. Michael Heil
    Praebius Communications, Inc.