International Datacasting Chosen for Expansion of U.S. Government Broadcast
Follow-On Contract in Excess of $1 Million US for Worldwide Satellite
OTTAWA, ONTARIO -- (Marketwired) -- 05/03/13 -- International
Datacasting Corporation (TSX:IDC) ("IDC" or the "Corporation")
announces a contract to support the U.S. Government, valued in excess
of USD $1Million, for the expansion of its worldwide satellite
The contract includes the selection of additional SuperFlex Pro Data
receiver/routers for a centralized broadcast network that distributes
encrypted data files and live streams to remote U.S. government
agencies throughout the world.
This order was based upon the customer's previous experience with IDC
receivers as robust and highly reliable units for its
mission-critical communications. This solution enables the U.S.
Government to optimize and expand its distribution network to
additional global agencies.
"Currently, no other receiver provides this type of decryption," said
Del Lippert, Chairman of the Board and Interim CEO at IDC. "The
security and reliability of this receiver is evidenced by its
continued deployment at installations like this where a system simply
The receivers provide a highly secure and reliable network to deliver
live streams and file-based programming to a large worldwide network
of remote sites. This fully integrated solution allows for the
reception of IP content over satellite via a secure, encrypted link
and seamless distribution into the local LAN. As part of its
SuperFlex networking solution, IDC provides end-to-end secure
networks to its global customer base.
About International Datacasting Corporation:
International Datacasting Corporation (TSX:IDC) is a global leader in
digital content distribution for the world's premiere broadcasters in
radio, television, data and digital cinema. IDC offers a broad
portfolio of advanced solutions including the STAR Pro Audio
solution, LASER(TM) Targeted Ad Insertion platform, and the Digital
Tattoo(TM) DTH Over IP Gateway. The company's products and solutions
are in demand for radio and television networks, targeted ad
insertion, digital cinema, 3D live events, satellite news gathering,
sports contribution, VOD, and IPTV. IDC is headquartered in Ottawa,
Canada, with regional offices in Arnhem, the Netherlands and in San
Diego, California. The company has installations in over 100
countries and service offices in Thailand and Singapore, and an
international network of value-added partners and resellers. For more
information visit: www.datacast.com.
This press release contains certain information that may constitute
"forward-looking information" and/or "forward-looking statements"
within the meaning of applicable Canadian securities laws. All
forward-looking information and forward-looking statements are
necessarily based on a number of estimates and assumptions that are
inherently subject to significant business, economic and competitive
uncertainties and contingencies. All statements other than statements
which are reporting results as well as statements of historical fact
are forward-looking statements that may involve a number of known and
unknown risks, uncertainties and other factors; many of which are
beyond the ability of IDC to control or predict.
Forward-looking statements are generally identifiable by use of the
words "may", "will", "should", "continue", "expect", "anticipate",
"estimate", "believe", "intend", "plan or "project" or the negative
of these words or other variations on these words or comparable
terminology. There can be no assurance that such statements will
prove to be accurate and actual results and future events could
differ materially from those anticipated in such statements. Risk
factors that might cause actual results to differ materially include,
but are not limited to: competitive developments; risks associated
with IDC's growth; expectations regarding new product initiatives and
timing, including the STAR Pro Audio solution, LASER(TM) Targeted Ad
Insertion Platform and Digital Tattoo(TM) DTH Over IP Gateway; any
difficulties with integrating acquired product lines into IDC's
business and/or manufacturing procedures; any difficulties or
disputes with IDC's subcontractors, contract manufacturers and
suppliers; IDC's dependence on the development and growth of the
satellite services market; a lengthy and variable sales cycle for
IDC's products and services; IDC's reliance on a small number of
customers for a large percentage of its revenue; expectations with
respect to the sufficiency of its financial resources and liquidity;
regulatory risks and intellectual property infringement.
More detailed information about potential factors that could affect
IDC's financial and business results is included in the public
documents IDC files from time to time with Canadian securities
regulatory authorities and which are available on SEDAR at
Except as expressly required by applicable law, we undertake no
obligation to publicly update or revise forward-looking statements,
whether as a result of new information, future events or otherwise.
Forward-looking statements are provided to assist external
stakeholders in understanding IDC's expectations as at the date of
this release and may not be appropriate for other purposes. Readers
are cautioned not to place undue reliance on such statements.
Virginia Lee Williams
International Datacasting Corporation
(613) 596-4120, ext. 2233
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