DG Systems Expands Nation's Largest Digital Video Network to Exceed 900 TV Stations; Speed and Efficiency Encourage Broadcast TV Facilities to Receive Spots Digitally.Business, Technology & Television Editors DALLAS--(BUSINESS WIRE)--July 23, 2002 DG Systems, Inc. (Nasdaq:DGIT), the digital technology innovator for delivering and managing audio and video content to the broadcast industry, today announced that it has expanded its digital video distribution network to over 900 television stations that are enabled to receive advertising spots digitally from broadcasters, advertisers and ad agencies. DG Systems is the largest single digital distribution network for the delivery of television spots, with a video network that reaches nearly 95% of the four major network affiliates in the top 100 U.S. markets. In addition to the top 100 U.S. market penetration Noun 1. market penetration - the extent to which a product is recognized and bought by customers in a particular market penetration - the act of entering into or through something; "the penetration of upper management by women" , DG Systems' digital network includes approximately 20 leading cable broadcasters, including CNN CNN or Cable News Network Subsidiary company of Turner Broadcasting Systems. It was created by Ted Turner in 1980 to present 24-hour live news broadcasts, using satellites to transmit reports from news bureaus around the world. Networks (CNN, CNN-Sports Illustrated, CNN-Headline News, CNNfn, and CNN-Airport Network), Telemundo, E! Entertainment Television, and Lifetime Television. Commenting on the expansion, Dan Dent, Vice President of Operations of DG Systems, said, "As DG Systems' network grows, advertisers and agencies can benefit both from the breadth of our network as well as our suite of digital media asset management services, which save time and money and offers them products and security that they can't find anywhere else." Jean Brugger, Broadcast Traffic Director at DDB Worldwide  The of this article or section may be compromised by "weasel words".You can help Wikipedia by removing weasel words. , commented, "When deadlines are close, it's great to know that DG Systems will be able to get my spots to so many stations before the logs close." As DG's digital network and customer base expand, demand for the Company's suite of media asset management products also grows. New DG products such as Netclear Digital Clearance Solution and AdCatalog are being positively received by major national networks, large advertising agencies and national brand name advertisers. These new products follow DG's legacy of "industry standard" offerings which deliver operating efficiencies to advertisers, allowing them to devote more time to the creative process of producing spots. DG's video delivery system compresses video files using MPEG (Moving Pictures Experts Group) An ISO/ITU standard for compressing digital video. Pronounced "em-peg," it is the universal standard for digital terrestrial, cable and satellite TV, DVDs and digital video recorders (DVRs). compression technology and delivers spots over digital satellite and terrestrial Dealing with the earth. See terrestrial link. networks. Networked television stations receive their spots via their DG Systems-supplied ADvantage Servers. The two-way system checks for errors and provides the sender with positive delivery confirmation. DG's proprietary digital delivery technology is the most efficient, cost effective, and manageable method for distributing video spots, providing quick turnaround Turnaround A situation where a company that has had poor performance for an extended period of time experiences a positive reversal. Notes: A speculator may profit from a turnaround if he or she accurately anticipates the improvement of a poorly performing company. and broadcast quality output to every station, and eliminates missed or late deliveries resulting from bad weather, logistical lo·gis·tic also lo·gis·ti·cal adj. 1. Of or relating to symbolic logic. 2. Of or relating to logistics. [Medieval Latin logisticus, of calculation breakdowns, or missed analog satellite feeds. About DG Systems DG Systems and the Company's StarGuide division provide the standard in Digital Media Exchange services for the advertising and broadcast industries, featuring innovative satellite and Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the transmission technology solutions and a suite of digital media asset management tools. DG's extensive industry network is the largest in the advertising and broadcasting industries, reaching more than 5,000 advertisers and agencies, 7,500 radio stations, and 918 television broadcast facilities with innovative delivery and management solutions for short- and long-form audio and video content. For more information, please contact the Company at 972/581-2000 or at www.dgsystems.com. This release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the company, including the expansion of its digital distribution network, and the demand among certain clients for digital audio and video delivery services. These forward-looking statements involve risks and uncertainties, which could cause actual results to differ materially from those projected. These and other risks relating to DG Systems' business are set forth in the company's Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. filed with the Securities and Exchange Commission on March 28, 2002. |
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