LITTLETON, Colo.--(BUSINESS WIRE)--Aug. 2, 1999--EchoStar
Communications Corp. (NASDAQ: DISH, DISHP) announced today that a
Federal Court jury in Colorado found that Household Retail Services
Incorporated (HRSI) breached its contract with Echo Acceptance
Corporation (EAC), resulting in a judgment against HRSI of more than
From 1989 to 1995, HRSI purchased private label credit card
accounts from EAC and agreed to pay EAC a percentage of the finance
and insurance charges billed on the accounts until the accounts are
liquidated. On Dec. 31, 1994, HRSI unilaterally terminated the
agreement and wrongfully discontinued making payments on loans it
previously purchased. EAC immediately filed suit in U.S. District
Court in Colorado, alleging breach of contract. On July 30, 1999, the
court found that HRSI breached its contract with EAC.
EAC, a subsidiary of EchoStar, was represented at trial by
attorney T. Wade Welch of Houston, Texas.
EchoStar Communications Corp., includes three interrelated
- DISH Network™ is EchoStar's state-of-the-art DBS system that offers customers over 300 channels of digital video and CD-quality audio programming, fully MPEG-2/DVB compliant hardware and installation.
- EchoStar Technologies Corporation designs, manufactures and distributes DBS set-top boxes, antennas and other digital equipment for the DISH Network and various international customers that include ExpressVu Canada and Telefonica's Via Digital system in Spain. ETC also provides uplink center design, construction oversight and project integration services for customers internationally. ETC also oversees EchoStar Data Networks Corporation in Atlanta, a leading supplier of MediaStream® technology for distributing Internet content over satellite networks.
- Satellite Services provides the delivery of video, audio and data services to business television customers and other satellite users. These services include satellite uplink, satellite transponder space usage, and other services. Satellite Services also administers SKY VISTA, a direct broadcast satellite service offering over 27 channels of popular digital satellite television programming to viewers in Alaska, Hawaii, Puerto Rico and the U.S. territories in the Caribbean.
DISH Network currently serves approximately 2.6 million
customers. DISH Network is a trademark of EchoStar Communications
Corporation. DISH Network is located on the Internet at:
CONTACT: EchoStar Communications Corp. Judianne Atencio, 303/723-2010 Communications Director e-mail: firstname.lastname@example.org or EchoStar Communications Corp. Marc Lumpkin, 303/723-2020 Communications Manager e-mail: email@example.com