PICKSat in Agreement to Broadcast HouseHold Direct Content and Services
MIAMI--(BUSINESS WIRE)--May 21, 1999--PICKSat Inc., a subsidiary of PICK Communications Corp. (OTCBB:PICK - news), has begun broadcasts to demonstrate Household Direct's (OTCBB:RDIM - news) previously announced satellite delivered Web services. Following the signing of an agreement to demonstrate HouseHold Direct (www.householddirect.com) content on the satellite-based, Internet Protocol (IP) based platform, the two companies pledged to move forward quickly to bring the demonstrations to a commercial service as soon as possible.
PICKSat Inc., provides satellite-based Internet access and interactive multimedia services to various types of clients. HouseHold Direct is looking to bring its members a new and convenient way to purchase goods through the use of the Internet and e commerce. The decision to work with PICKSat came from the fact that the PICKSat platform would offer HouseHold Direct members a fast and efficient means of accessing the Internet, shopping by viewing TV quality videos and ordering via the Web.
HouseHold Direct and PICKSat will be working closely together to take full advantage of the technology being brought together to make services convenient and accessible to HouseHold Direct members. Mario J. Pino, president of PICKSat, stated ''Our goal is to show the capabilities of our platform with a client as important as HouseHold Direct. They have an incredible service already and we can make the service reach more members in a satellite or cable TV delivered Web format.''
PICKSat will demonstrate reception of HouseHold Direct web pages and full-motion TV quality videos on several PC Set Top box reception boxes that are non-proprietary and open standard. This means that HouseHold Direct members will be able to access satellite delivered services through readily available PCs, the new lower cost PC Set Top box and either satellite of cable TV reception PCI cards.
''We are encouraged to be working with PICKSat and looking forward towards an evaluation of their platform services and how we can work together to serve HouseHold Direct members with very advanced Web based services,'' remarked John Folger, President of HouseHold Direct.
For additional information on PICK Communications Corporation and its subsidiaries, please see the company's Web sites: www.pickcomm.com; www.picksat.com; www.pick-online.com and www.pickradio.com. For additional information on HouseHold Direct, please see the company's Web site: www.householddirect.com.
For additional investor or media information please address all inquiries to info@householddirect.com or to have your name and address included on the HouseHold Direct mailing list,. householddirect.com.
Interested parties may contact Sierra Communications Corporation, toll free at 877-797-7979 or e-mail to ely7@gte.net.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and is subject to the safe harbors created thereby. The Company's actual future results could differ materially from the forward-looking statements discussed herein based on certain risks and uncertainties, including the Company's immediate need for additional funding, the repayment of substantial short-term indebtedness, significant and continuing losses, dependence on a limited number of clients, dependence on and obligations to third-party carriers, dependence on the Internet, timely development and acceptance of new products in a
constantly evolving telecommunications industry, the impact of competitive products and pricing, government regulations and the other risk factors detailed from time to time in the Company's SEC reports.
Contact:
Pick Communications Corporation
Dick Kosmicki
The Dilenschneider Group
212/922-0900
or
Sierra Communications Corp.
Ely Alon
877/797-7979
biz.yahoo.com |
