Qustream Receives First in a Series of Purchase Orders from Game Creek Pursuant to Sales Agreement.TORONTO -- QuStream Corporation ("QuStream") (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:QVC QVC Quality Value Convenience QVC Question Valid Command ) announced today that Game Creek Video ("Game Creek") has submitted the first purchase order for equipment pursuant to the Sales Agreement previously announced February 28, 2006. This purchase order is in the amount of approximately US$1.1 million and relates to the first in an expected series of three truck opportunities. Further purchase orders, of a lesser magnitude, are expected as design details of this first set of trucks have not as yet been finalized. Learn more about PESA's complete line of products at www.pesa.com. About Game Creek Located in Hudson, N.H., Game Creek was founded in 1993 with a very simple concept - to provide their customers with top quality television production units, top quality support and coordination, and most importantly, the highest quality engineering. Game Creek's customers include ABC ABC in full American Broadcasting Co. Major U.S. television network. It began when the expanding national radio network NBC split into the separate Red and Blue networks in 1928. , CBS (Cell Broadcast Service) See cell broadcast. , ESPN ESPN Entertainment and Sports Programming Network , FOX, HBO Hyperbaric oxygen therapy (HBO) A form of oxygen therapy in which the patient breathes oxygen in a pressurized chamber. Mentioned in: Ozone Therapy , NBC NBC in full National Broadcasting Co. Major U.S. commercial broadcasting company. It was formed in 1926 by RCA Corp., General Electric Co. (GE), and Westinghouse and was the first U.S. company to operate a broadcast network. and many others. For more information visit Game Creek at www.gamecreekvideo.com. About PESA Located in Northport, N.Y., and Huntsville, Ala., PESA, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of QuStream Corporation, is a leading manufacturer of high-quality analog and digital video and audio routing switchers and control systems for the broadcasting, mobile production, post-production, corporate, educational, cable, religious, industrial, and government markets. For more information visit PESA at www.pesa.com. About QuStream QuStream, through its wholly owned subsidiaries PESA and Fortel DTV (Digital TeleVision) Transmitting TV using digital signals. The major DTV standards are ATSC (North America), DVB (Europe) and ISDB (Japan). All three use MPEG-2 video compression and Dolby Digital audio compression. DVB and ISDB also include MPEG audio compression. (TM), is a global provider of integrated solutions to the creators and distributors of professional video content including the high-definition television and professional audio/video market segments. QuStream is headquartered in Toronto, Canada with offices in New York, Georgia, and Alabama. For more information, visit QuStream at www.qustream.com, www.pesa.com, and www.forteldtv.com. All products mentioned herein are trademarked property of their respective owners. Forward-Looking Statements The statements made in this press release that are not historical facts contain forward-looking information that involves risk and uncertainties. All statements, other than statements of historical facts, which address QuStream's expectations, should be considered forward-looking statements. Such statements are based on management's exercise of business judgment as well as assumptions made by and information currently available to management. When used in this document, the words "may", "will", "anticipate", "believe", "estimate", "expect", "intend" and words of similar import, are intended to identify any forward-looking statements. You should not place undue reliance on these forward-looking statements. These statements reflect our current view of future events and are subject to certain risks and uncertainties as contained in the Company's filings with Canadian securities regulatory authorities. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, our actual results could differ materially from those anticipated in these forward-looking statements. We undertake no obligation, and do not intend, to update, revise or otherwise publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof, or to reflect the occurrence of any unanticipated events. Although we believe that our expectations are based on reasonable assumptions, we can give no assurance that our expectations will materialize. The TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. Inc. has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. QuStream Corporation (TSX VENTURE:QVC) |
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