American Digital Communications, Inc. Announces Two New Track Partners.NEW YORK, NEW YORK--(BUSINESS WIRE)--July 15, 1999-- American Digital Communications Inc. [OTCBB OTCBB See OTC Bulletin Board (OTCBB). : ADCM ADCM Assistant Division Commander Maneuver ADCM Associate Director for Chemistry and Materials ADCM Activation-Decision-Construction Model ADCM Archbishop's Diploma in Church Music ADCM Assistant Division Commander for Manpower ADCM Absolute Deviation from Class Median ] announced today the addition of two new standardbred Standardbred Breed of light horse developed in the U.S., primarily for harness racing. The foundation sire was an English Thoroughbred imported in 1788; his progeny were bred with other breeds, especially the Morgan, to produce speedy trotters and pacers. racetracks to the TrackPower(TM) service. The two tracks are Ocean Downs in Maryland, and Plainridge Racecourse in Massachusetts. Both have signed non-exclusive live broadcast agreements, bringing the total number of tracks offered on the TrackPower service to fifteen. "We are very pleased with the progress we are making in acquiring new track partners for the TrackPower service," stated Graham Simmonds, VP and General Manager of ADCM. "These tracks will be well received by our audience and are popular throughout the country." TrackPower is a multi-channel digital satellite television service for horse racing. The TrackPower service allows racing fans to watch full-card simulcasting from premier racetracks in their home or office. On July 1, 1999, TrackPower began broadcasting on EchoStar's Dish Network(TM) service, which broadcasts to more than 2.3 million U.S. direct broadcast satellite homes. TrackPower also offers subscribers telephone wagering through Penn National Race Course's Telebet system. American Digital Communications, Inc., delivers high quality live horseracing video to subscribers throughout the Continental United States United States territory, including the adjacent territorial waters, located within North America between Canada and Mexico. Also called CONUS. . ADCM has contracted with Penn National Gaming Penn National Gaming, Inc. NASDAQ: PENN is a diversified owner and operator of casino properties, as well as horse racetracks and associated off-track betting facilities primarily in the United States. , Inc (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : PENN), a licensed racing facility in Pennsylvania, to provide information and wagering services to subscribers. For additional information, contact Graham Simmonds at (905) 839-1430, or by email at simmonds@trackpower.com. TrackPower is available for purchase by calling 1-800-333-DISH (3474). DISH Network systems can be purchased from nearly 20,000 DISH Network retail locations nationwide. This release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Investors are cautioned that all forward-looking statements involve risk and uncertainties. |
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