Global Gateway Signs Agreement With Satellite Service Provider
Global Gateway Media & Communications, Inc. (PINKSHEETS: GGMC), formerly Zcom Networks, Inc., announced today its wholly owned subsidiary, Speedia Media, Inc. has signed an agreement with RRsat Global Communications Network Ltd., a global satellite and fiber distribution provider. Based on the terms of this agreement, RRsat will be transmitting, on a 24 hour 7 day basis, Global Gateway's content on KU-Band uplink on Galaxy 19 Satellite at 97 degree west, and up to 1.5 Mbps space segment on multiplexing MCPC platform. Global Gateway frequency on Galaxy 19 Satellite is Transponder 11; downlink 11929 V with symbol 22000 and FEC 3/4. "This agreement is a significant milestone for Global Gateway. RRsat is a strong satellite distribution provider and offers the most advanced digital MCPC platforms to more than 500 television and radio channels covering more than 150 countries. We will be utilizing DTH, Direct-to-home satellite broadcasting of our contents from high powered geostationary satellite to small dish antenna and satellite receivers in homes across a wide geographical area," said
Dr. Alex Parsinia, CEO of Global Gateway.
About Global Gateway Media & Communications, Inc.
Global Gateway Media & Communications, Inc. is a media and communications focused company. Through its subsidiaries and holdings, it has two core businesses: Media Broadcasting and Telecom. The Company offers radio and video content delivered live and on demand over the internet. Audiences can access programs 24 hours a day, seven days a week, directly or via podcast. The company's Satellite TV broadcast, "Talk Money TV," reaches nearly 10 million viewing households in the US, Canada, and Mexico, as well as in Europe, Asia, and Australia. In the telecom sector, the Company offers voice and data services to wholesale and retail customers for both fixed and fixed to mobile platforms with interconnectivity through state of the art access methodology such as VOIP, TDM, E1, as well as through traditional interfaces.
Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.
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