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GTK Tonkens Agrar AG

6.60
0.15 (2.33%)
01 Jul 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Tonkens Agrar AG TG:GTK Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.15 2.33% 6.60 6.30 6.85 0.00 22:50:03

Guest-Tek and EchoStar Sign a Multi-Year Strategic Agreement for Hotels Nationwide

03/07/2007 5:34pm

PR Newswire (US)


Tonkens Agrar (TG:GTK)
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CALGARY, Alberta and ENGLEWOOD, Colo., July 3 /PRNewswire-FirstCall/ -- Guest-Tek Interactive Entertainment Ltd. (Toronto Stock Exchange: GTK) and EchoStar Communications Corporation (NASDAQ:DISH) and its DISH Network(TM) satellite TV service today announced a multi-year strategic agreement to deliver DISH Network programming to hotel properties. The agreement will provide significant benefit to hoteliers throughout the United States by delivering a package of television programming services called Free-to-Guest (FTG), which includes a wide range of premium content and more HD channels than previously available. "This agreement with DISH Network to offer Free-to-Guest HD programming allows us to provide our clients a robust and entertaining package," said Arnon Levy, CEO for Guest-Tek. "Adding Free-to-Guest to our HD video-on-demand platform has created the most comprehensive and flexible HD solution available, delivered over a single network." "We are pleased Guest-Tek recognizes that DISH Network offers the best choice and value for hoteliers," said Brian Yohn, vice president of Commercial Services for EchoStar. "We look forward to providing hotel guests with a selection of all-digital quality channels from our programming line-up." Guest-Tek brings additional value to the hotelier through its ability to provide the FTG programming over a converged network along with its video-on-demand (VOD), high-definition video-on-demand (HD-VOD) and telephony services. Guest-Tek offers this converged 'triple-play' service set through multiple network platforms including coax, or local area network infrastructures. Guest-Tek's ability to deliver all services through one network is a significant advantage to hoteliers adding ancillary products such as high definition televisions into their guest rooms. The agreement with EchoStar allows Guest-Tek to offer FTG within their already successful OneView Media group of solutions, offering hoteliers the choice of hundreds of all-digital channels including movies, sports, news, music and the most national HD channels in the country. The OneView solution allows hoteliers the ability to converge infrastructure for OneView Media, OneView Voice, and OneView Internet technologies saving on hardware and maintenance costs. About Guest-Tek Guest-Tek (Toronto Stock Exchange: GTK) is the world's largest provider of IP based technology solutions for the hospitality industry. Guest-Tek's OneView platform provides hotels with converged data, video and telephony services. Guest-Tek is a preferred vendor to major hotel brands, providing services including network design, procurement, implementation, and post sales customer support to over 3,400 properties and over 505,000 rooms. The company's head offices are in Calgary, Alberta, and it has major support facilities in Irvine, California, and Warsaw, Poland as well as Sales offices located throughout North America and Europe. For more information about Guest-Tek, go to http://www.guest-tek.com/. About EchoStar Communications Corporation EchoStar Communications Corporation (NASDAQ:DISH) has been a leader for more than 26 years in satellite TV equipment sales and support worldwide. The Company's DISH Network(TM) is the fastest-growing pay-TV provider in the country since 2000 and currently serves more than 13.4 million satellite TV customers. DISH Network offers a premier line of industry-leading Digital Video Recorders (DVRs) and hundreds of video and audio channels as well as the most national HD and International channels in the U.S., Interactive TV, Latino and sports programming. DISH Network also provides a variety of package and price options including the lowest all-digital price in America and the DishDVR Advantage Package. EchoStar is included in the Nasdaq-100 Index (NDX) and is a Fortune 300 company. Visit http://www.echostar.com/ or call 1-800-333-DISH (3474) for more information. DATASOURCE: Guest-Tek Interactive Entertainment Ltd. CONTACT: Arnon Levy, President & CEO, +1-403-444-8488, , or Geoff Clark, CFO, +1-403-444-8427, , both of Guest-Tek; or Kevin Hubbard of EchoStar Communications Corporation, +1-720-514-5351, Web site: http://www.guest-tek.com/ http://www.echostar.com/

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