Sheldon Nelson, CEO and Chairman of MDU Communications International Inc., reports that the company is realizing very good growth in subscriber activations, and in the signing of exclusive digital satellite service long term building access agreements. According to Mr. Nelson, ""Our sales and marketing strategy to the Multi-Dwelling Unit (MDU) marketplace focuses on providing greater choice and value to customers, and we expect to realize the subscriber growth previously forecasted."" With the recent closing of the US $7.725 million financing, MDTV is in the process of deploying service to 23 new properties. These properties represent 3,200 potential customers in five major Canadian centers: Vancouver, Calgary, Edmonton, Winnipeg, and Halifax. MDTV expects to complete the marketing and in-suite installation of these properties in the next 30 days. Since January 1, 2000, MDTV has signed an additional 21 access agreements and 22 new letters of intent with property owners and managers that represent a combined 7,537 potential new subscribers. According to Mr. Gary Monaghan, President, ""We have a very experienced and well connected team of regional sales managers that are very capable of delivering access agreements at a significant rate. This will facilitate our expected expansion into the Toronto area and into major US markets in the near future."" In addition to the above signings, MDTV is also pleased to announce the Aquilini Investment Group has committed 14 properties located throughout Canada, representing 3,900 units, to receiving MDTV's services. The commitment includes the signing of a five year exclusive access agreement for their 1,175 unit West Edmonton Village property. This installation will replace incumbent cable with digital satellite TV, broadband Internet, and ADT security services provided by MDTV. Service will be initiated at the site in approximately 30 days. Joseph Strang, Vice President of Sales and Marketing states, ""The company is increasing and training additional staff to provide the necessary customer service and to expedite the direct sales presentations required with deployment. We are committed to realizing our competitive advantage by providing a bundled package of services to these customers.""About MDTVMDU Communications International, Inc. is the national master system operator for Star Choice Television, one of only two licensed providers of direct-to-home satellite broadcasting services in Canada. MDTV provides digital satellite television, high-speed (broadband) Internet access, and monitored security services to the multi-dwelling unit (MDU) market place in Canada with expected expansion into the US and Asia. MDTV currently serves approximately 14,000 subscribers in 150 properties and has an additional 343 buildings with signed letters of intent or access agreements, which could increase the subscriber base to over 50,000 in the next 12-18 months.
For more information, visit www.mduc.com.