News

Satellite Newspapers ready to hit new markets

February 24, 2004

NORTH HAVEN, Conn. -- Satellite Enterprises Corp., through its subsidiary Satellite Newspapers Suisse, called together its worldwide distributors to discuss implementing an accelerated business plan to penetrate new target markets.

In the last weeks, five new titles of major newspapers were added to the list of papers available via kiosk. There are now 141 newspapers available by self-service throughout the world, according to a news release. The newspaper titles represent 55 countries and 31 languages.

New titles are the Spanish La Razon, Israeli Ha'aretz, Uruguay's El Pais, and the Indian Express.

There are now 161 kiosks throughout the world, and vendor Stork NV is starting mass production in April 2004, the release stated.

Roy Piceni, Satellite president and CEO, said: "We have most of our distributors in place around the world, we have our production of kiosks ramping up, we have funds to work with, and we continue to add new titles to our global satellite network of Satellite Newspapers."