RRSat Renews Service Contract Valued in Excess of $7 Million

RRSat Global Communications Network Ltd. (NASDAQ: RRST), a rapidly growing provider of comprehensive content management and global distribution services to the television and radio broadcasting industries, announced today the renewal of a service contract to distribute Direct To Home to multiple TV channels. The service contract is valued in excess of $7 million.

"We are very pleased with the renewal of this contract from an existing customer. RRSat pride's itself in its strong service offering, customer relationships and, consequently, the high-level of customer satisfaction." commented David Rivel, RRSat Founder and CEO "This contract serves as further testimony to the inherent strength of our business model, through our long term contracts, and the potential evident in our existing customer base, providing us with enhanced visibility into 2008 and beyond"

Source: RRSat Global Communications Network Ltd