American Digital Communications Inc. - TrackPower and Northfield Park Harness Announce Live Broadcasting of Horseracing.NEW YORK--(BUSINESS WIRE)--April 6, 1999--American Digital Communications Transmitting text, voice and video in binary form. See communications. Inc. (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. :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 ) American Digital Communications Inc. announced today a non-exclusive agreement to broadcast live video of horseracing from Northfield Park on its TrackPower(TM) horseracing service. The agreement allows TrackPower to feature the Northfield as one of its prime harness offerings for 1999. Northfield Park, which boasts one of the sport's largest simulcasting networks, is averaging $970,000 in wagering handle per night thus far in 1999, an all-time high for the track. Purses at Northfield were increased 15 percent on April 1, which demonstrates their determination to continue to improve the quality of their racing. Northfield Park will feature 221 race programs for 1999. Upon signing, John G. Simmonds, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of ADCM stated, "Northfield is one of the most popular half mile tracks in the country. We are very pleased that they have chosen TrackPower to distribute their product and broaden their audience." 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. TrackPower is offered in conjunction with EchoStar's SkyVista DTH (Direct-To-Home) Typically refers to satellite TV broadcasting directly to a dish antenna on the roof of a house. See DBS. service, which includes over 20 channels of the "Best of Satellite" package. This service also includes regular broadcast network signals, one premium channel of HBO Hyperbaric oxygen therapy (HBO) A form of oxygen therapy in which the patient breathes oxygen in a pressurized chamber. Mentioned in: Ozone Therapy , one adult channel of Extasy as well as foreign and niche programming for additional monthly charges. Northfield Park has become one of the nation's premier harness racing facilities. Consistently full fields with an average of 8.5 starters per race as well as 14-race programs have made Northfield a very popular simulcasting product. The track, located in the Cleveland-Akron metropolitan area, hosts some of the sport's most prestigious stakes events including the Miller Lite Cleveland Classic, the Courageous Lady, Ohio Super Night, the Scarlet & Gray, Night of Champions, and the Battle of Lake Erie The Battle of Lake Erie, sometimes referred to as the Battle of Put-in-Bay, was fought on September 10, 1813 in Lake Erie off the coast of Ohio during the War of 1812. Invitational, the track's premier race. For more information visit www.northfieldpark.com . Through TrackPower International Inc., ADCM delivers high quality live horseracing video to subscribers throughout North America. ADCM uses the Skynet Direct Platform to broadcast the TrackPower service. Skynet Direct is Loral Skynet's transmission and distribution service that offers programmers a combination of its Telstar fleet space segment with compression, encoding, uplinking, format conversion and multiplexing from EchoStar Satellite Corporation's existing facilities in Cheyenne, Wyoming. EchoStar also provides order processing, set-top box authorization, and billing from its customer service center in Denver, Co. For additional information, contact Graham Simmonds at (905) 839-1430, or by email at simmonds@trackpower.com . This release contains forward-looking statements, which are made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. 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. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion