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Last €0.03 EUR
Change Today 0.00 / 0.00%
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As of 2:01 AM 09/3/15 All times are local (Market data is delayed by at least 15 minutes).

intl datacasting corp (IA4) Snapshot

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09/3/14 - €0.06
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06/18/15 - €0.0040
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intl datacasting corp (IA4) Details

International Datacasting Corporation, together with its subsidiaries, provides digital content distribution solutions for radio, television, data, and digital cinema broadcasters worldwide. The company’s audio processing products include analog FM audio processors and audio encoders; and content distribution and management products, such as Datacast XD, FlexKey Encryptor, Net Manager, Production Manager, Distribution Manager, Event Manager, and NOC Manager. It offers audio, data, digital cinema, and video receivers; transport stream processing products consisting of IP encapsulators, redundancy switches, and transport stream multiplexers; and video processing products comprising stereoscopic encode and decode processors, and video encoders. The company also provides its products and solutions for radio and television networks, digital cinema, 3D live events, targeted ad insertion, satellite news gathering, sports contribution, video on demand, and IPTV. In addition, it offers installation, product support, and warranty services. International Datacasting Corporation was founded in 1984 and is headquartered in Kanata, Canada.

60 Employees
Last Reported Date: 04/29/15
Founded in 1984

intl datacasting corp (IA4) Top Compensated Officers

Co-Chief Executive Officer
Total Annual Compensation: C$161.5K
Co-Chief Executive Officer
Total Annual Compensation: C$145.4K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: C$147.3K
Compensation as of Fiscal Year 2015.

intl datacasting corp (IA4) Key Developments

International Datacasting Corporation Announces Management Changes

International Datacasting Corporation announced that The Board has promoted Chris Barrett and Steeve Huin as Co-CEOs of IDC. Mr. Barrett was formerly the Vice President of Engineering and Operations and Mr. Huin was the Vice President of Products and Services. Both have been on the leadership team during the past two years and made significant contributions to the new LASER MPS product line. Additionally, Steven Archambault (currently CFO of IDC) was promoted to Executive Vice President and CFO. In addition to his current responsibilities, Mr. Archambault will be responsible for investor/shareholder relations and human resources going forward. The Board of Directors also announced that it has appointed Steven Archambault, as a non- independent director and Glenn McDougall as an independent director. Mr. Archambault and Mr. McDougall fill the vacancies left on the Board as a result of the previously announced resignation of David Charron and the resignation of Doug Lowther effective July 2, 2015. Mr. Lowther has also resigned as CEO and President of the company and will be available to assist the Board and management team as required with the transition. Since 2001, Glenn McDougall has been Managing Partner with Doyletech Corporation. He is also the President of Green Avenue Ventures Inc.

International Datacasting Corporation Completes Private Placement of $906,000 Aggregate Principal Amount of Secured Notes

International Datacasting Corporation completed a non-brokered private placement of $906,000 aggregate principal amount of secured notes. A group of senior executives has agreed to fund 40% of the Notes, with the remaining 60% provided by subscribers who are not insiders. The Notes mature on November 4, 2015 and bear simple interest at a rate of 10% per annum, payable upon the Maturity Date. Each Note is secured by a security interest on the assets of IDC by way of a general security agreement, and ranks pari passu with all other Notes. Subscribers of the Notes received 18,165 common share purchase warrants per $1,000 principal amount of Notes. Each Warrant entitles the holder to purchase one common share of IDC (a "Common Share"), at any time, up to and including the Maturity Date, at a price of $0.055 per Common Share, subject to customary anti-dilution adjustments. The Warrants expire on the Maturity Date. The proceeds from the Private Placement will be used for general working capital purposes.

International Datacasting Corporation Announces Resignation of David Charron as Independent Director

International Datacasting Corporation announced the resignation of David Charron (independent director), effective immediately.


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