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AATV Adaptive Ad Systems Inc New (PK)

0.2399
0.00 (0.00%)
Last Updated: 19:23:58
Delayed by 15 minutes
Share Name Share Symbol Market Type
Adaptive Ad Systems Inc New (PK) USOTC:AATV OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.2399 0.15 0.2266 0.00 19:23:58

Praebius Communications, Inc. Announces October Ad Sales Revenue Exceeds All of Second Quarter Revenue

10/11/2008 11:00am

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Praebius Communications Inc. (PINKSHEETS: PRCM) has announced that its Ad Systems business booked Revenue for October, exceeded the previous quarter's revenue numbers. Ad sales are continuing to run strong into November. Ad Systems Sales in over 30 locations is running at or near capacity for prime time sales on all major cable networks such as TNT, CNN and Fox News.

Bob Hall, Chairman, said, "Ad Systems Revenue will continue to grow as we deploy more systems and mature our advertising assets. We expect to continue to increase our ad revenue as we begin to roll out a local and regional ad sales effort. Up to now we have been targeting National advertisers exclusively. We also have another 5 cable systems scheduled for installation before year end that will help with the trend."

Martin Alcock, C.T.O., said, "We are looking to finish the fourth quarter 2008 in the black; if this revenue trend continues which, with an early Holiday ad campaign from our current and future advertisers, could help us accomplish this goal. We are focused on building clusters of cable subscribers where we have established systems, which will magnify our per-sub revenue while minimizing costs. Our own traffic and billing system addige.net is handling the volume quite nicely."

About Praebius Communications, Inc.

Praebius is a digital media and video communications Company. Praebius 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 L.L.C 696 West 1st Ave. Suite #1 Midvale, Utah 84047 801-568-0336

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