Broadcast International Announces Quarterly Earnings Podcast
SALT LAKE CITY, Aug. 11, 2011 /PRNewswire/ -- Broadcast International ('BCST.OB') today announced that its Second Quarter 2011 Earnings Podcast will be available for viewing on the Company's website (www.brin.com) beginning Tuesday, August 16, 2011 at 9:00 am MDT.
This quarterly event will be hosted by Mr. Rod Tiede – President/CEO as well as Mr. James Solomon – CFO, and Mr. Steve Jones – Senior VP and General Manager of the CodecSys Division. The highlights of the podcast will include an overview of the second quarter 2011 financial results along with specific updates on the progress of the Company's two divisions – BI Networks and CodecSys.
Persons interested in viewing the recorded event should visit www.brin.com anytime after its posting on August 16th. The link will be under the Company tab and Investor Relations sub-tab.
About Broadcast International
Broadcast International is a leading provider of video-powered broadcast solutions, including IP, and digital satellite, Internet streaming and other types of wired/wireless network distribution. BI's patented CodecSys software is a breakthrough, multi-codec video compression technology that cuts video bandwidth requirements over satellite, cable, IP and wireless networks. By slashing bandwidth needs, CodecSys enables a new generation of rich-media applications and offers unprecedented price/ performance benefits for existing applications.
Broadcast International is a public company (OTC Bulletin Board: BCST.OB- News) headquartered in Salt Lake City, UT. For more information visit: www.brin.com and www.codecsys.com.
Forward-Looking Statements
All statements in this news release that are not based on historical fact are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (which Sections were adopted as part of the Private Securities Litigation Reform Act of 1995). While management has based any forward-looking statements contained herein on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties, and other factors, many of which are outside of our control, that could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not necessarily limited to, those set forth under the caption "Additional Factors That May Affect Our Business" in the Company's most recent Form 10-K and 10-Q filings, and amendments thereto. In addition, we operate in a highly competitive and rapidly changing environment, and new risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. We disclaim any intention to, and undertake no obligation to, update or revise any forward-looking statement.
SOURCE Broadcast International
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