NEW YORK — June 11, 2008 — Genesis Networks, a provider of next-generation global video transmission services, today announced that it has been selected by EuroNews to provide fully managed distribution services for delivery of EuroNews to North and South American marketplaces.

Genesis Networks provides a fully managed network backhaul and distribution solution, including fiber connectivity, from the EuroNews master control facility in Lyon, France, to the Genesis Networks uplink facilities in New York and Atlanta. The signals are uplinked to the Genesis Networks cable distribution platforms on Galaxy 23 and Intelsat 9 for access by major cable and DTH affiliates throughout North and South America. The turnkey transmission solution includes delivery of seven audio signals in English, French, German, Spanish, Portuguese, Italian, and Russian.

To help EuroNews launch the new service in Latin America, Genesis Networks procures and administers IRDs and authorization codes for each affiliate that joins the service. In addition, EuroNews has access to Genesis Networks’ IRIS software and ultralinks. These tools enable EuroNews to monitor the quality of its transmissions across the globe from the company’s operations center in Lyon.

“When we put the North and South America service out to competitive bidding, Genesis Networks was the clear choice,” said Cecile Leveaux, CTO for EuroNews. “Genesis Networks is known in the industry as a video over IP pioneer, and its global infrastructure, superior quality of service, and highly resilient design make it ideal for our needs as we continue to reach broader markets in the Americas. Additionally, Genesis Networks’ in-depth knowledge of the American marketplace made it a good choice as a long-term partner.”

“We are happy to play such an important role in enabling EuroNews to expand its reach and secure new revenue opportunities,” said Paul Dujardin, president and CEO of Genesis Networks. “By delivering its programming to viewers outside of Europe, EuroNews is helping to provide a more comprehensive and balanced view of world events.”

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About EuroNews

EuroNews is Europe’s news channel covering world news from a European perspective in a choice of seven languages. EuroNews broadcasts simultaneously in English, French, German, Italian, Portuguese, Russian and Spanish. Launched Jan. 1, 1993, as the first multilingual pan-European news channel, EuroNews has rapidly established itself as Europe’s leading television news channel. More information is available at www.euronews.net.

About Genesis Networks

Genesis Networks provides broadcasters, cable networks, production companies, and corporations with high-quality customized global video transmission services that are reliable, flexible, and affordable. The Genesis Networks platform is a next-generation, IP-based fiber and satellite video network with cutting-edge switching and compression technologies. With more than 170 locations worldwide and growing, many organizations can now take advantage of Genesis Networks’ services. The company’s network operations center in New York City maintains the health and standards of the global network while the Genesis Networks proprietary software system, IRIS, allows clients to have remote, real-time network monitoring, scheduling, and control capabilities. Additional information on Genesis Networks and its innovative products is available at www.gen-networks.com.

ENDS