International Datacasting Corporation
TSX : IDC

International Datacasting Corporation

February 27, 2008 17:00 ET

TVN Entertainment Selects International Datacasting Corporation for Next-Generation Video on Demand Network

WASHINGTON, DISTRICT OF COLUMBIA--(Marketwire - Feb. 27, 2008) - International Datacasting Corporation (TSX:IDC) announced today that it has been selected by TVN Entertainment Corporation - the world's largest television on-demand company - as the provider of next generation satellite edge receivers for its rapidly expanding VOD footprint.

Initial orders include IDC's IP encapsulators and SFX3100 satellite receivers. IDC receivers were selected after a thorough evaluation process comparing performance with other products on the market. Important factors in the decision include IDC's experience with DVB-S2 advanced modulation; which allows for significant improvements in bandwidth utilization, as well as the receiver's seamless integration with TVN's existing encryption and ADONISS asset management system. The value of the contract cannot be disclosed for competitive reasons.

"It is exciting to be a part of the growing IPTV and VOD markets," said Ron Clifton, President and CEO of IDC. "As content becomes more ubiquitous and delivered in more flexible, on-demand ways, our products continue to be selected for the demanding and high-speed applications needed for consistent and reliable delivery of content. We are extremely proud to be associated with TVN and its prestigious roster of clients."

Using their Emmy-nominated asset management system, ADONISS 2, TVN packages, distributes, and manages more than 8000 hours of VOD programming from more than 150 content providers in both SD and HD. Through numerous technical innovations TVN continues to introduce ground-breaking solutions including iPRI - an advanced interactive tool that allows programmers to dynamically update VOD metadata before, during, and after asset distribution to VOD servers and TVNow - the fast turn around service that converts live programming into on-demand content, which is then made available to viewers within hours of the event.

"This agreement is reflective of the increasing demands for file-based delivery in multiple formats such as MPEG2, MPEG4 (H.264), standard definition and high definition formats," said Dom Stasi, Chief Technology Officer of TVN Entertainment. "We continue to team with the best technology partners in our effort to provide the most comprehensive end-to-end solution for VOD."

The announcement was made at the Satellite 2008 conference and tradeshow, held in Washington DC, that brings together the satellite industry to showcase new technologies and advanced applications. IDC's complete line of products for advanced applications such as IPTV, Video on Demand, digital cinema, broadcast audio, video and enterprise networks and more will be on display.

About International Datacasting Corporation (IDC)

International Datacasting Corporation, (TSX:IDC) is a global leader in providing advanced solutions for the distribution of broadband content via satellite. IDC is at the forefront of delivering IP-based datacasting solutions via satellite and content distribution technologies with installations in more than 100 countries worldwide. IDC's products are in demand for radio and television broadcast networks, distance learning, 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 has an established international network of value-added partners and distributors.

About TVN Entertainment

TVN Entertainment Corporation, the leading television on-demand company, works with every major studio, network, and telecommunications video provider in North America. TVN is the preferred provider of original on-demand programs and networks. TVN supports an open, advanced technology platform, and offers the most comprehensive, end-to-end solution for licensing, managing, distributing and marketing on-demand content to virtually any platform. For more information about TVN's products and services, please visit www.TVN.com.

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.

Contact Information

  • International Datacasting Corporation
    Tracy Trottier
    Marketing Communications
    613-596-4120 x 2274
    ttrottier@datacast.com