International Datacasting Corporation

International Datacasting Corporation

February 01, 2010 08:42 ET

International Datacasting Corporation Announces $2.8 Million CDN Contract for Continued Operation of Canadian Forces Radio and Television Network

OTTAWA, ONTARIO--(Marketwire - Feb. 1, 2010) -

Attn: Business/High-Tech Editors

International Datacasting Corporation (TSX:IDC), a global leader in advanced solutions for broadband multimedia content distribution via satellite, announced today that it has received a contract from the Canadian Department of National Defence, (DND), valued at $2.8 million CDN for the continued operation of Canadian Forces Radio and Television, (CFRT). The contract represents the first of two renewal options that are part of the overall contract that IDC won in a competitive tender process in December, 2008.

"This marks the tenth consecutive year that IDC has provided this service to our troops serving overseas and we are honoured to be able to continue to provide the high quality radio and television programming that our troops have come to rely on," said Ron Clifton, IDC President and CEO.

The Canadian Forces Radio and Television (CFRT) network delivers entertainment programming, sports and news over two television channels (English and French) as well as FM radio. IDC provides the service to Canadian Forces and peacekeeping troops deployed in regions around the globe including the Middle East, Eastern Europe and Africa. Today CFRT serves Canadian Forces stationed in Afghanistan and in other areas around the world.

IDC is responsible for all aspects of programming including negotiating rights and permissions, scheduling, recording, and uplinking the network from its Ottawa based network operations centre.

About International Datacasting Corporation (IDC):

International Datacasting Corporation (TSX:IDC) is a global leader in providing IP-based datacasting solutions for the distribution of broadband multimedia content. IDC has a broad portfolio of advanced technology products marketed under the names SuperFlex, Datacast XD, Tiernan, Logic Innovations and PROFline for implementing a wide range of satellite and other broadband content contribution and distribution networks. IDC's products are in demand for radio and television broadcast networks, distance learning, digital satellite news gathering and sport contribution, digital signage, digital cinema, IPTV distribution and other content distribution applications. IDC is headquartered in Ottawa, Canada, operates in Europe through its wholly owned subsidiary PROFline B.V. in Arnhem, the Netherlands and in the US through its Tiernan and Logic Innovations operations in San Diego, California. The Company is in international in scope with installations in over 100 countries worldwide, has regional sales and service offices in the UK, Australia, Singapore and China as well as an established international network of value-added partners and distributors.

This press release contains forward-looking statements that may involve risks and uncertainties. Actual results may differ materially. Factors that might cause a difference include, but are not limited to, competitive developments, risks associated with IDC's growth, the development of the satellite datacasting market, regulatory risks, intellectual property infringement and other factors. IDC assumes no obligation to update these forward-looking statements to reflect events or circumstances after the date hereof. 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.

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