Global Eagle Entertainment Comments on FAA Decision
LOS ANGELES, Nov. 1, 2013 (GLOBE NEWSWIRE) -- Global Eagle Entertainment Inc. (Nasdaq:ENT) (Global Eagle or the Company) today commented on the decision made by the U.S. Department of Transportation's Federal Aviation Administration (FAA) that airlines can safely expand passenger use of Portable Electronic Devices (PEDs) during all phases of flight. According to the FAA, as a result of the decision, passengers will eventually be able to read e-books, play games, and watch videos on their devices during all phases of flight, with very limited exceptions.
"This is a great development for the airline industry, for our Company and for the millions of travelers we serve," said John LaValle, Chief Executive Officer. "This decision will allow passengers to expand their use of our Wi-Fi service, as well as our industry-leading content offerings, including Hollywood's top films, live TV programming, games and e-books, immediately upon entering the plane. This will result in a more pleasurable experience for all passengers who wish to stay connected to the web and use their portable electronic devices to enjoy the entertainment they love.
"Our approach from the beginning was to have a system that works everywhere at all times, a strong differentiator for our company," Mr. LaValle continued. "This decision is a tremendous complement to our strategy of having our Wi-Fi service continuously operable, including on the ground. Given our proven Ku-band satellite powered inflight connectivity system and content portal, we are well positioned to work with our airline partners to further upgrade the passenger experience."
About Global Eagle
Global Eagle Entertainment Inc. is the leading full service platform offering both content and connectivity for the worldwide airline industry. Through its combined content, distribution and technology platforms, Global Eagle provides airlines and the millions of travelers they serve with the industry's most complete offering of in-flight video content, e-commerce and information services. Through its Row 44 subsidiary, Global Eagle utilizes Ku-band satellite technology to provide airline passengers with Internet access, live television, shopping and travel-related information. Currently installed on more than 500 aircraft, Row 44 has the largest fleet of connected entertainment platforms operating over land and sea globally. In addition, through its AIA subsidiary, Global Eagle provides film and television content, games and applications to more than 130 airlines worldwide. Global Eagle is headquartered in Los Angeles, California and maintains offices and support personnel around the world. Find out more at www.globaleagleent.com.
Cautionary Note Concerning Forward-Looking Statements
We make forward-looking statements in this release within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to expectations or forecasts for future events. These statements may be preceded by, followed by or include the words "may," "might," "will," "will likely result," "should," "estimate," "plan," "project," "forecast," "intend," "expect," "anticipate," "believe," "seek," "continue," "target" or similar expressions. These forward-looking statements are based on information available to us as of the date of this release, and involve substantial risks and uncertainties. Actual results may vary materially from those expressed or implied by the forward-looking statements herein due to a variety of factors, including: our ability to integrate our recently acquired businesses; changes in laws or regulations that apply to us or our industry; our ability to deliver end-to-end network performance sufficient to meet increasing airline customer and passenger demand; general economic and technological circumstances in the satellite transponder market, including access to transponder space in capacity limited regions and successful launch of replacement transponder capacity where applicable; the effects of service interruptions or delays, technology failures, material defects or errors in our software; the limited operating history of our connectivity and in-flight television and media products; and other risks and uncertainties set forth in our most recent Annual Report on Form 10-K and any subsequently filed Quarterly Reports on Form 10-Q. We do not undertake any obligation to update forward-looking statements as a result of as a result of new information, future events or developments or otherwise.
CONTACT: Global Eagle Entertainment Media Contact: Karin Pellmann 646-515-6933 firstname.lastname@example.org Global Eagle Entertainment Investor Contacts: Chris Plunkett or Brad Edwards Brainerd Communicators, Inc. (212) 986-6667 email@example.com firstname.lastname@example.orgSource: Global Eagle Entertainment
Released November 1, 2013