International Datacasting Corporation

International Datacasting Corporation

June 25, 2012 08:33 ET

International Datacasting Corporation Announces the Appointment of Two New Directors

Attn: Business/High-Tech Editors

OTTAWA, ONTARIO--(Marketwire - June 25, 2012) - International Datacasting Corporation (TSX:IDC), a global leader in digital content distribution for the world's premiere broadcasters, announced today that Del Lippert and Georges Ata had been appointed to the Board of Directors, effective immediately. Each of Mr. Lippert and Mr. Ata qualify as independent directors. The Board now consists of six directors made up of Graham McBride, Frank Ruffolo, Del Lippert and Georges Ata (each an independent director) and Adam Adamou and Fred Godard (each a non-independent director).

"I would like to welcome back Del Lippert and welcome a new director, Georges Ata, to IDC's Board of Directors. Both of these individuals bring with them a depth and breadth of experience in running technology driven companies. I look forward to working with both as they bring their operating experience to bear in shaping the future for IDC," stated Frederick Godard, President and CEO, IDC.

About Del Lippert

Mr. Lippert has more than 40 years of successful management experience, spanning a variety of technology firms across North America which included Digital Equipment Corporation and a high growth cellular telephone company. Most recently, Mr. Lippert was President and CEO of Med-Eng Systems (a manufacturer of body protection and electronic counter-measure systems) from 2005 until his retirement in September 2006. Before joining Med-Eng, Mr. Lippert served as President of Commercial Electronics Companies for U.S.-based, Raytheon, a group of companies that had sales in excess of US$850 million and included Raytheon Marine Consumer Products, Raytheon High Seas Commercial Marine Products, ELCAN Optical technologies, Crosspan Network Access technologies, Raytheon Liquid Carbon Dioxide Cleaning Systems, Raytheon Thermal Imaging, Raytheon RF Components, Raytheon Microelectronicss Espana, S.A. and Raytheon Professional Services. Mr. Lippert previously served on IDC's Board of Directors from 2009 until July 12, 2011.

About Georges Ata

Georges Ata, M.B.A., B. Eng., has served as the President and Chief Executive Officer of Intelcan Technosystems Inc., a Canadian leader in Communications, Navigation, Surveillance (CNS) Air Traffic Management (ATM) and Airport Infrastructure solutions, since July 2008. Prior to joining Intelcan Technosystems Inc., Mr. Ata served as Executive Vice President, Engineering and Operations with Adacel Technologies Inc., a publicly traded company on the Australian Stock Exchange (ADA) from July 2005 until July 2008. Adacel is a leading developer of Air Traffic Management systems, advanced simulation and control systems for aviation and defense. In addition, Mr. Ata has previously held senior management positions at Zero-Knowledge Systems and Eicon Networks.

In 2006, Mr. Ata received the award "Prix Reléve d'Excellence" in the category Small-Medium Size Businesses from Ecole des Hautes Etudes Commerciales (HEC) de Montreal - one of Canada's leading business schools - for his career accomplishments to date and his role as Adacel's VP of Operations and Engineering. In 2010, Mr. Ata was recognized as one of Ottawa's Top 40 under 40 by the Ottawa Business Journal and Intelcan received a bronze award as exporter of the year. In 2012, Mr. Ata was awarded the prestigious Arista for the category of Young Entrepreneur of Quebec - Medium and Large Enterprise by the Junior Chamber of Commerce of Montreal.

About International Datacasting Corporation (IDC):

International Datacasting Corporation (TSX:IDC) is a global leader in digital content distribution for the world's premiere broadcasters in radio, television and digital cinema. IDC offers a broad portfolio of advanced solutions including Pro Audio, Pro Video, Pro Cinema and Pro Data for implementing broadcast content contribution and distribution applications. IDC's solutions and IDC Systems are in demand for radio and television networks, digital cinema, 3D live events, ad insertion, satellite news gathering, sport contribution, digital signage, and IPTV among others. IDC is headquartered in Ottawa, Canada, with regional offices in Arnhem, the Netherlands and in San Diego, California. IDC has installations in over 100 countries and service offices in Australia, Singapore and China with an international network of value-added partners and distributors.

Forward-Looking Statements

This release may contain forward-looking statements reflecting IDC's objectives, estimates and expectations. Such statements may be marked by the use words such as "believe", "anticipate", "estimate", "looking ahead", "outlook" and "expect" as well as the conditional or future tense. Such statements involve risks and uncertainties and future results may differ materially from the Corporation's expectations. Factors that might cause a material difference include, but are not limited to, competitive developments, risks associated with IDC's growth, risks associated with any past or future acquisitions or divestitures, the development of the satellite datacasting market, regulatory risks, intellectual property infringement and other factors. Any forward-looking statements are provided to assist external shareholders in understanding IDC's expectations as at the date of this release and may not be suitable for other purposes. IDC assumes no obligation to update these forward-looking statements to reflect events or circumstances after the date hereof, except as expressly required by law. More detailed information about potential factors that could affect IDC's financial and business results is included in IDC's Annual Information Form dated April 30, 2012 and the other public documents IDC files from time to time with Canadian securities regulatory authorities.

Contact Information

  • International Datacasting Corporation
    Christine Rozak
    Director of Marketing and Communications
    613-596-4120 x 2215