New On QBID
Q Television Network Moves its Satellite Signal
Wednesday September 15, 7:30 am ET
Network Announces an Agreement with Firestone Communications
PALM SPRINGS, Calif.--(BUSINESS WIRE)--Sept. 15, 2004--Q Television Network (Pink Sheets: QBID - News) announced today that it will be moving its main satellite connection from New Orleans, LA to Fort Worth, TX. The satellite change was necessary due to signal difficulties the Network has been having since it began running its programming through RCN on September 8th.
"We sincerely apologize to our valued customers for the delay in programming. The testing we did in August and early September was very successful, so weather related problems are suspected," said Frank Olsen President and CEO of Q Television Network. "The networks main goal is to provide quality programming to its audience and we appreciate your patience. RCN has been extremely helpful and professional helping Q correct the signal problems we have been seeing."
The signal will be moved to Fort Worth, TX via Firestone Communications. Firestone will re-digitalize the signal and send it through to RCN for uploading; once this process is complete programming will return without further interruption.
"We want to thank Firestone Communications, which is wholly owned by the Firestone family, for its support and speed in helping Q correct this problem," said Olsen. "We are also pleased to announce that Q Television Network has made an agreement with Firestone to use its studio and quality personnel to produce some of the network's live programming which is scheduled to start airing in October.
Firestone Communications, Inc., is a privately held media company based in Dallas-Ft. Worth, Texas. The company launched SORPRESA! as its first digital channel offering which is available on Cablevision, Comcast, Cox, Time Warner, and The National Cable TV Cooperative. The company's Board of Directors includes Peter Lund, former President and Chief Executive Officer, CBS Corp.; and Raymond Mason, former Chairman, President and CEO, Charter Group.
About Q Television Network
This television network was organized to create and develop a network devoted to providing television programming for the gay and lesbian community. While the company expects much of its subscriber base to be comprised of members of the gay and lesbian population, management also believes that quality programming about the gay and lesbian experience, designed to entertain, educate and inform, will attract many other segments of the viewing public. The company's programming will be available on a subscription basis to those desiring its programming. The network will broadcast 24 hours per day, 7 days per week. Providing distribution via satellite ensures availability of the network across the United States, including Alaska, Hawaii and Puerto Rico.
Safe Harbor Statement
As a cautionary note to investors, certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; the television network's ability to execute its business model and strategic plans; and the risks described from time to time in the company's Securities and E