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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: QuietWon who wrote (62599)	9/27/1999 9:21:00 AM
From: Mr.Manners	Read Replies (1) \| Respond to of 90042

QuietWon more news on TTV Monday September 27, 7:46 am Eastern Time Company Press Release Cabletel Communications' (TTV) Stirling Subsidiary To Supply Equipment For Israel's First Direct Satellite Service MARKHAM, ONTARIO--Cabletel Communications (AMEX: TTV, TSE: TTV) today announced that its Stirling Connectors subsidiary has secured a contract to supply equipment to help launch Israel's first Direct Broadcast Satellite service (DBS.) The contract is estimated to generate up to US$3 million in revenue to Cabletel. Stirling Connectors, Cabletel's manufacturing division, has been selected by Regev Outsourcing International Procurement Ltd. to supply custom-built connectors to YES, an entity of Bezek Communications (Israel's telephone company.) YES is launching the first DBS service in Israel. ''We chose Cabletel because their people understood our technical needs and could deliver on time and on budget,'' explained Ami Regev, General Manager of Regev International. Bruce Buck, President-Sales and Marketing of Stirling Connectors termed the arrangement with Regev an example of the growing interest in Stirling products from companies around the world. ''We are pleased to be working with Regev to develop innovative products and solutions to the communications sector in Israel and in other export markets.'' Regev International Outsourcing and Procurement Ltd. is a leader in Israel in distributing a wide range of technical products to the communications industry. Cabletel Communications is the largest full-service distributor of broadband equipment to the Canadian television and telecommunications industries, offering a wide variety of products required to construct, build, maintain and upgrade broadcasting and telecommunications systems. In addition, the company's engineering department offers technical advice and support to customers. Stirling Connectors, Cabletel's manufacturing division, supplies national and international clients with products for deployment in cable and other distribution systems. More information about Cabletel and Stirling can be found at www.cabletelgroup.com. Except for the historical information in this document, it includes forward-looking statements that involve risks and uncertainties including, but not limited to, quarterly fluctuations in results, the management of growth and other risks detailed from time to time in the Company's Securities and Exchange filings. Actual results may differ materially from management expectations. Contact: Cabletel Communications Greg Walling CEO (905) 475-1030 or Ron Eilath CFO (905) 475-1030