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AATV Adaptive Ad Systems Inc New (PK)

0.199
0.00 (0.00%)
31 Jan 2025 - Closed
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% 0.199 0.175 0.219 0.00 21:05:15

Praebius Communications Prepares Final Launch to Become Full Spectrum Supplier for Cable Advertising System Operators

30/10/2008 11:30am

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Praebius Communications, Inc. (PINKSHEETS: PRCM) is pleased to announce that we are now ready to launch the last piece of our plan to become a full spectrum supplier for cable advertising system operators. Using patent pending technology created by our Ad Systems division, the company is rolling out the final component of Addige.NET which provides networked traffic and billing for our ad insertion system. This replaces support for third party packages previously used for this purpose. The prior system usage will be phased out over the next 90 days.

"The integration of world wide web technology into our traffic and billing module enables us to deliver a competitive solution to turnkey operators that has a low entry cost and integrates better with their business model," said Bob Hall, President of Ad Systems. "Our competitive solution is not only innovative, but also enables smaller cable systems to come on line in a cost effective manner. This will open up new markets for us and allow us to offer our system to all cable franchise operators."

"With the rollout of this module Ad Systems becomes a full spectrum supplier from data entry to ad insertion," said Martin Alcock, Chief Technology Officer for Praebius Communications, Inc. "This places us in a position where we own the technology all the way from data capture to playback, thus enabling us to roll out insertion systems in the future that are more tightly integrated and have improved playback completion rates due to the ability to push decisions down to the insertion equipment."

For further information and systems locations visit www.praebius.com, www.adsystemscatv.com or www.addige.net

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. The Company assumes no obligation to update this information for any reason.

Contact: J. Michael Heil 971-239-4166 Investor Relations: Alexander Lindale, LLC 696 West 1st Avenue Midvale, Utah 84047 801-568-0336

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