BOULDER, Colo.- New Frontier Media, Inc. announced that its subsidiary, TEN, signed an agreement with one of the nation’s top five Multi-System Operators (MSO) for the distribution of up to five of its pay-per-view channels. The agreement provides for the distribution of Pleasure, TEN(TM), TEN Clips(TM), TEN Blue(TM), and TEN Blox(TM) on all of the MSO’s U.S. cable systems. TEN expects that initially two of its partially-edited services will be distributed on the MSO’s digital tier, which today reaches approximately 2 million homes. “This agreement provides for the distribution of our services on one of the last remaining major MSO platforms for us. New Frontier Media continues to set the standard for high performing adult pay television services while assisting its distribution partners in profiting from the rapid rollout of digital services. We believe that New Frontier Media’s networks are consistently the most profitable pay-per-view product offered by any multi-service operator in the U.S.,” said Ken Boenish, President of TEN.
This news 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. The forward-looking statements are based on current expectations, estimates and projections made by management. The Company intends for the forward-looking statements to be covered by the safe harbor provisions for forward-looking statements. Words such as “anticipates”, “expects”, “intends”, “plans”, “believes”, “seeks”, “estimates”, or variations of such words are intended to identify such forward-looking statements. The forward-looking statements include, but are not limited to, our expectation that two of our partially-edited services will initially be distributed on the MSOs digital tier and our belief that New Frontier Media’s networks are consistently the most profitable pay-per-view product offered by any multi-service operator in the U.S. and the outcome of any contingencies. All forward-looking statements made in this press release are made as of the date hereof, and the company assumes no obligation to update the forward-looking statements included in this news release whether as a result of new information, future events, or otherwise. The forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth or implied by any forward- looking statements. Please refer to the Company’s Form 10-K and other filings with the SEC for additional information regarding risks and uncertainties, including, but not limited to, the risk factors listed from time to time in such SEC reports.
