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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 | 0.161 | 0.2238 | 0.00 | 13:09:37 |
Ad Systems is now selling television advertising to cable TV viewers on our proprietary system in their homes, hotel rooms and university dorms. The revenue is generated by selling 30 second and one minute spots on the most popular cable TV networks like Discovery channel, CNN, ESPN etc. The systems have 24,000 to 48,000 commercial avails per month which are being sold to national, regional and local advertisers.
Bob Hall, Chairman of Praebius Communications Inc., said, "Our product creates new video advertising real-estate where it has never been before. We are generating unique virgin eyeballs for our advertisers and new found revenue for our shareholders and partners. We are very pleased by the near perfect deployment and success of our newest system."
J. Michael Heil, C.E.O. of Praebius Communication Inc., said; "This is just the tip of the Iceberg. We have identified a totally untapped market opportunity that is in the tens of millions of viewers. Our marketing plan is targeted to contract one million plus domestic outlets by year end 2009. Praebius has begun a significant marketing plan to secure long term contracts in cable TV systems in all available venues and markets."
About Praebius Communications Inc.
Praebius Communications Inc. is a provider of video ad insertion technology and digital video systems for video streaming services for cable, satellite and IP delivery. For additional information, please visit:
www.praebius.com
www.adsystemscatv.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: J. Michael Heil President 971-239-4166 Investor Relations: Alexander Lindale L.L.C 696 West 1st Ave. Suite #1 Midvale, Utah 84047 801-568-0336
1 Year Adaptive Ad Systems (PK) Chart |
1 Month Adaptive Ad Systems (PK) Chart |
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