International Datacasting Corp Wins $4 Million Contract Renewal to Provide Datacasting Services to Canadian Forces Overseas.
This contract is valued at approximately $4 million per year. IDC has operated this service for CFPSA since 1999.
The CFRT service-which is broadcast in real-time from IDC's Ottawa teleport-includes one channel of video in English, one in French and several home-town radio stations. The system operates on IDC's SuperFlex DVB-IP technology, which enables the seamless integration of multiple channels of video, audio and IP data into a single satellite carrier-reducing costs and improving quality. In the past year, programming has been enhanced to include a wider variety of broadcasting options for the deployed soldiers. The flexibility and scalability of IDC's technology has enabled the CFPSA to deliver its services to many regions throughout the world including: Africa, Europe, the Middle East and Afghanistan and to HMC Ships deployed in the Persian Gulf region.
IDC President and CEO Ron Clifton commented, "We are very pleased to have once again been awarded the renewal of our contract with CFPSA. As we enter the sixth consecutive year providing this service to Canadian Forces and I am proud to see that our technology has been consistently meeting and exceeding CFPSA's requirements and, more importantly, has made a valuable contribution to the troops' morale."
Greg Pearson, CFPSA Executive Vice-President Personnel Support Programs, commented, "Maintaining a link with home and keeping our deployed members up to date on the latest news stories is essential for their morale and quality of life. International datacasting has been a champion in making CFRT one of the core morale services that we provide."
About International Datacasting Corp.:
IDC (TSX:IDC) provides advanced products, systems and services for the implementation of broadband wireless infrastructure networks used to distribute multimedia data. IDC is at the forefront of delivering IP-based datacasting solutions via satellite and content distribution technologies. IDC's products are in demand for high-speed Internet infrastructure, enterprise networks, distance learning, and multimedia content distribution. IDC is a recipient of numerous awards including the prestigious Canada Export Award for Innovation and Technology Achievement. IDC is headquartered in Ottawa, Canada with an established international network of partners and distributors and installations in more than 75 countries worldwide. Visit IDC on the web at www.intldata.ca.
About the Canadian Forces Personnel Support Agency:
CFPSA provides satellite radio and television on a 24 hour per day seven day per week basis to Canadian Forces members stationed at various locations throughout the world.The CFPSA service is transmitted on an encrypted closed circuit satellite system.The total Canadian Forces audience worldwide varies between 2,000-4,000 members.These television services from home are important in maintaining the morale and welfare of Canadian Forces members and contributing to overall operational effectiveness. (See www.cfpsa.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.
INTERNATIONAL DATACASTING CORPORATION (TSX:IDC)
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|Date:||Mar 8, 2005|
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