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International Datacasting Corporation Announces First Orders for Newly Acquired Tiernan Video and Audio Products(Market Wire Via Acquire Media NewsEdge) OTTAWA, ONTARIO -- (MARKET WIRE) -- 09/24/09 -- International Datacasting Corporation, (TSX: IDC) a global leader in providing advanced solutions for the distribution of broadband multimedia content, announced today that it has received orders valued at over $700,000 USD for its newly acquired Tiernan video and audio lines of products. The orders, for customers in Vietnam, Africa, and India include Tiernan's MPEG-2/MPEG-4 High Definition, (HD), and Standard Definition, (SD), encoders with paired decoders and digital audio products: - Tiernan's products have been selected for a major digital satellite news gathering project (DSNG) in Vietnam. Using Tiernan's MPEG-2/MPEG-4 HD/SD encoders, the customer, will be able to broadcast HD and SD simultaneously, using a very unique and compact DSNG design for the Third Asian Indoor Games, taking place in Hanoi, Vietnam later this fall. - In Nigeria, Tiernan's AVC4000-HD Professional High Definition AVC Encoders and HMR Multi-format Professional Decoders will be used for the distribution of MPEG-4 HD video from multiple locations across the country. Each site will be able to broadcast digital MPEG-2/MPEG-4 video to any of the other sites in the network and re-distribute that video signal to surrounding locations. - Tiernan's ABR202A Professional Audio Broadcast Receivers are being deployed for the continued expansion of the All India Radio network, which provides a variety of programming throughout India and is one of world's largest radio networks. "We are pleased to receive these first orders for our new Tiernan product lines. The integration of our sales and manufacturing teams is going well and has allowed us to be able to maintain momentum and continue business as usual," said Ron Clifton, IDC President and CEO. "The ongoing feedback we have received from our international customers and distributors, many of whom we met at the IBC trade show last week, has been positive and they are excited by the combined strength of the IDC and Tiernan product lines. These early orders confirm the expected increase in our total addressable market, the expansion of our regional sales coverage and the diversity of our applications," he continued. 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 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 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. Contacts: International Datacasting Corporation Tracy Trottier Marketing Communications 613-596-4120 x 2274 [email protected] www.datacast.com |