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PRESS RELEASE
Date: December 4, 2006
Cass Oryl (215) 564-3200 x16
coryl@braithwaitepr.com
Crozer-Keystone Signs On as Newest TVTN Corporate Sponsor
Sponsorship Underwrites Cost of Improved Local Cable Channels
December 4, 2006 (Mount Laurel, NJ) - TelVue Corporation (TEVE:
OB
) announced today that Crozer-Keystone Health System has signed on as the newest corporate sponsor of TelVue Virtual Television Networks (TVTN), a new network of municipally-owned cable channels. The sponsorship deal will help TelVue underwrite the cost of providing TVTN free of charge to affiliate channels in
Delaware
County
. In exchange, Crozer-Keystone will receive sponsor recognition on the channel including “PBS-like” on-air acknowledgements of its support.
"As the largest employer and provider of healthcare services in
Delaware
County
, we have a stake in the success of the communities here," said Joan K. Richards, president of Crozer-Keystone Health System. "We’re proud to join a group of TVTN regional sponsors who acknowledge that supporting locally-owned television channels is key to the fabric of our society.”
Crozer-Keystone’s sponsorship of TVTN helps provide
Delaware
County
communities with substantial enhancements to their local cable channels without passing the cost of improvement through to taxpayers or cable subscribers. TVTN improves the look and information quality of municipal cable channels by providing equipment, expertise and supplementary local content like traffic and weather. TVTN’s patent-pending Web Updating System® (WEBUS) makes it easier to gather and manage more local news, events and announcements. Authorized users in affiliate townships can add, edit and update information on their channel from anywhere Internet access is available. TVTN also provides local fire, police and other emergency response agencies with the ability to interrupt regular programming with timely, actionable and local alerts.
"Crozer-Keystone has its finger on the pulse of
Delaware
County
," said Joseph M. Murphy, President and CEO of TelVue Corporation. "This sponsorship is reflective of the great work Crozer does in and for its community. It will be a source of pride for the organization’s many employees who live in and around our affiliate townships and the county."
TVTN affiliate channels in Delaware County include Aston Township, Chester City, East Lansdowne,
Haverford
Township
, Marple Township/Broomall, Middletown Township (Lima), Morton Borough, Ridley Park Borough, Ridley Township, Wallingford-Swarthmore School District, Upper Darby, William Penn School District Group (Aldan, Colwyn, Darby Borough, East Lansdowne, Lansdowne, Yeadon), and Delaware County’s Channel 76. Other channels are in development, including Glenolden, Trainer and Darby Borough.
As of November, 2006, TVTN is available to 2.5 million cable subscribers in more than 160 municipalities in ten states. By the end of 2006, TVTN is projected to reach over 3 million viewers. TVTN has future plans to launch pilot programs in other parts of the country.
About Crozer-Keystone Heath System
Established in 1990, Crozer-Keystone Health System is the largest employer and provider of health-care services in
Delaware
County
. The system comprises five hospitals as well as a network of primary-care and specialty practices; the Healthplex® Sports Club; and facilities for community health. Call 1-800-CK-HEALTH or visit www.crozer.org for more information.
About TelVue Virtual Television Networks (TVTN)
TVTN, owned and operated by TelVue Corporation is a network of municipally-owned and operated cable channels that improves the look, information quality and operational performance of municipally owned public, education and government (PEG) channels. By providing a unique combination of patent pending technology and cable programming expertise, TVTN helps municipalities keep viewers interested and informed while maintaining all control over their local cable channel.
TelVue Corporation was spun-off from Science Dynamics Corporation of
Cherry Hill
,
NJ
in 1988. It currently operates by management under the direction of its Board of Directors, chaired by cable pioneer and philanthropist H.F. “Gerry” Lenfest.
TelVue Corporation is a public company trading on the OTC Bulletin Board as TEVE:
OB.
This announcement contains certain forward-looking statements that are subject to risks and uncertainties. Such statements reflect management's current views and are based on certain assumptions. Actual results could differ materially from those currently anticipated as a result of a number of factors, including, but not limited to, the risks and uncertainties discussed in the TelVue Corporation's reports filed with the Securities and Exchange Commission.
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