International Datacasting Corporation
TSX : IDC

International Datacasting Corporation

July 23, 2012 09:08 ET

International Datacasting Corporation Issues Urgent Warning to Investors: Beware Dissident's Social Media Deception

OTTAWA, ONTARIO--(Marketwire - July 23, 2012) -

Attn: Business/Financial Editors

International Datacasting Corporation (TSX:IDC) is warning investors that a dissident shareholder and director is using deceptive tactics to secure votes ahead of IDC's upcoming annual general meeting on July 31, 2012.

The dissident, Adam Adamou, is using his various Twitter accounts to direct shareholders away from IDC's proxy voting site and towards his own. He has persistently re-tweeted and intentionally redirected IDC's own tweet with a misleading link from all his accounts.

These under-hand tactics are being used on the following Twitter accounts operated by Adam Adamou: @IDC_Positive, @Grazen, @Caseridge.

IDC shareholders visiting these accounts should exercise extreme caution. They may be redirected to a site that does not reflect their true voting intentions, nor IDC's view that it supports only the WHITE proxy.

IDC's only official corporate Twitter account is @datacasting. Shareholders are advised to follow instructions from this account, and no other.

Attention IDC Shareholders

Protect your investment by voting only your WHITE proxy well in advance of the deadline of 5:00 p.m. (Eastern Time) on July 27, 2012.

If you have already voted a blue proxy, you can still change your vote, simply by voting your WHITE proxy today. Your subsequent later dated WHITE proxy will replace any prior dated blue proxy you may have voted.

Shareholders who do not have a WHITE proxy or who have questions about voting their proxy for the upcoming meeting of shareholders should contact Kingsdale Shareholder Services Inc. toll-free at 1-866-581-1514, or (416) 867-2272 (collect calls accepted), or contactus@kingsdaleshareholder.com.

Further information and updates on the annual general meeting and electronic voting options can be found on the Investors page at IDC's website www.datacast.com.

About International Datacasting Corporation

International Datacasting Corporation (TSX:IDC) is a producer of 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 Pro Audio, Pro Video, Pro Cinema, and Pro Data for implementing broadcast content contribution and distribution applications. IDC's products and solutions are in demand for radio and television networks, digital cinema, 3D live events, ad insertion, satellite news gathering, sport contribution, ad insertion, VOD, 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. www.datacast.com.

Forward-Looking Statements

This press release contains forward-looking statements reflecting IDC's objectives, estimates and expectations that may involve risks and uncertainties. IDC's actual results, performance, achievements and developments may differ materially from the results, performance, achievements or developments expressed or implied by such statements. Factors that might cause actual results to differ materially include, but are not limited to, competitive developments; risks associated with IDC's growth; 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 datacasting 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; regulatory risks and intellectual property infringement. IDC assumes no obligation to update these forward-looking statements to reflect events or circumstances after the date hereof, except as expressly required by applicable law. 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. 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 www.sedar.com, including, without limitation, IDC's Annual Information Form dated April 30, 2012.

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