Cablevision
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BETHPAGE, NY, April 28, 2009 — Cablevision Systems Corp. (NYSE: CVC) today announced the launch of Optimum Online Ultra, a new high-speed Internet product that will deliver the nation's fastest downstream broadband connections, up to 101 megabits-per-second (Mbps), over Cablevision's fiber optic network that passes approximately five million homes and businesses in the New York metropolitan area. The service, which delivers upstream speeds of up to 15 Mbps, will be offered across the company's entire service area starting May 11.

Cablevision also announced that it was doubling the downstream speed of its Optimum WiFi wireless Internet service, to up to 3.0 Mbps - significantly faster than expensive cell phone data plans. Earlier this month, the company announced that its Optimum Online customers had already used Optimum WiFi to access the Internet wirelessly more than a million times.

Optimum Online Ultra, which leverages the potential of DOCSIS 3.0 and far exceeds the speeds available from any other cable or telco provider - at a significantly lower cost - builds upon the enormous success and market credibility established by Optimum Online over more than a decade. Optimum Online has achieved a broadband market share in Cablevision's service area of more than 75 percent, and is the most highly-penetrated high-speed Internet service in the country, used by more than 52 percent of the homes passed by Cablevision's fiber optic network.

"Optimum Online Ultra firmly solidifies Optimum as the fastest Internet service in the home, at work and through the air over Optimum WiFi," said Tom Rutledge, Cablevision's chief operating officer. "This is a perfect complement to our existing high-speed data products, which are fast, reliable and far superior to anything available from our competitors. There is a reason Optimum Online is the most popular and highly-penetrated broadband service in the nation, and Optimum Online Ultra continues this proud tradition and our longstanding commitment to speed, performance and value."

The new level of Internet service will be available for $99.95 per month, and includes the advanced features and configurations that are offered as part of the Optimum Online Boost premium tier, which delivers speeds of up to 30 Mbps downstream and 5 Mbps upstream.

These features include:

  • Up to 15 e-mail addresses, with 1 gigabyte of storage per address, for a total of 15 gigabytes of storage, and the ability to send extremely large attachments in excess of 20 megabytes.
  • Web hosting capabilities, with easy-to-use sitebuilder tools that enable customers to create and maintain their own personal or commercial Web sites, and 12 gigabytes of hosted space.
  • Advanced configurations including DDNS, Port 25 and Port 80.

The basic level of Optimum Online continues to be the fastest entry-level high-speed Internet service offered by any cable or phone company in the country, delivering speeds of up to 15 Mbps downstream and 2 Mbps upstream.

Last fall, Optimum Online was named the top high-speed Internet service provider in the East Region in the J.D. Power and Associates 2008 Internet Service Provider (ISP) Residential Customer Satisfaction StudySM. The study, which ranked ISPs based on customer satisfaction across a range of key product attributes including performance and reliability, cost, customer service and billing, scored Optimum Online higher than all other broadband providers and phone companies in Cablevision's region. Optimum Online has also received the top ranking of any cable broadband service for four out of the last five years in PC Magazine's Annual Readers' Survey.

Cablevision is currently deploying Optimum WiFi wireless Internet access in commercial and high-traffic locations across its service area as a free value-added benefit to Optimum Online customers. Optimum WiFi has been activated across the company's Long Island, Connecticut and Westchester service areas, and in areas of New Jersey, and is the nation's largest and most advanced WiFi network, delivering speeds of up to 3.0 Mbps downstream and 1.5 Mbps upstream, faster than expensive cell phone data plans that can cost upwards of $100 per month or more. Optimum WiFi has already been used to connect to the Internet more than 1 million times, with thousands of new customers discovering the service every week. For more information and detailed coverage maps, visit http://www.optimumwifi.com

About Cablevision
Cablevision Systems Corporation (NYSE: CVC) is one of the nation's leading media and entertainment companies. Its cable television operations serve more than 3 million households in the New York metropolitan area. The company's advanced telecommunications offerings include its iO TV® digital television, Optimum Online® high-speed Internet, Optimum Voice® digital voice-over-cable, and its Optimum Lightpath integrated business communications services. Cablevision operates several successful programming businesses, including AMC, IFC, Sundance Channel and WE tv, through Rainbow Media Holdings LLC, and serves the New York area as publisher of Newsday and other niche publications through Newsday Media Group. In addition to these businesses, Cablevision owns Madison Square Garden and its sports teams, the New York Knicks, Rangers and Liberty. The company also operates New York's famed Radio City Music Hall, the Beacon Theatre, and the Chicago Theatre, and owns and operates Clearview Cinemas.

Contact: Jim Maiella
516-803-3947