OTTAWA, ONTARIO--(Marketwired - Mar 11, 2014) - As sports enthusiasts across the world continue their countdown towards the 2014 FIFA™ World Cup and the 2016 Summer Olympics in Brazil, International Datacasting Corporation (IDC.TO) has completed the delivery of a critical technical upgrade to Transamerica Radio in Brazil. The privately owned Transamerica Radio has purchased IDC's STAR Pro Audio™ Solution, which will lower its operational costs by using up to 70% less bandwidth compared to other solutions. IDC's STAR Pro Audio Solution is designed for professional distribution of audio programming over satellite and IP networks.
Headquartered in São Paulo, Transamerica Radio offers nationwide coverage to many of Brazil's residents and also to many Brazilians located overseas. The listeners enjoy a variety of music and talk radio programming, and the transmission of the most important domestic and international soccer championships. This efficient and reliable technology will ensure that Transamerica's audience will not miss hearing one single action-packed moment in the months and years to come.
"IDC has proven to be an excellent technology partner for our company," says Luiz Guilherme Albuquerque, Superintendent Director of Transamerica Radio. "This high quality equipment translates to outstanding value for us by helping us improve our operation and reduce our costs going forward."
Boreal Communications assisted with the complete system definition and overall hub upgrade and installation, comprising of new antennas, power-up converters and IDC headend equipment. The new headend includes IDC's Audio Encoders, Net Manager, and FlexKey Encryptors. In addition, the system includes new STAR Pro Audio Receivers to upgrade Transamerica's transmission sites across Brazil. Once installed, Transamerica Radio will have implemented a state of the art, highly dependable distribution network for all of its professional audio applications.
"Forward-thinking platforms like the STAR solution demonstrate IDC's long-standing commitment to our customers across Latin America and the world," said Doug Lowther, President and CEO of IDC.
About International Datacasting Corporation:
International Datacasting Corporation (IDC.TO) is a global leader in 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 the STAR Pro Audio™ Solution, LASER™ Targeted Ad Insertion Platform, and the Digital Tattoo™ DTH Over IP Gateway. The company's products and solutions are in demand for radio and television networks, targeted ad insertion, digital cinema, 3D live events, satellite newsgathering, sports contribution, VOD, and IPTV. IDC is headquartered in Ottawa, Canada, with regional offices in Arnhem, the Netherlands and in San Diego, California. The company has installations in over 100 countries and an international network of value-added partners and resellers. For more information visit: www.datacast.com.
This press release contains certain information that may constitute "forward-looking information" and/or "forward-looking statements" within the meaning of applicable Canadian securities laws. All forward-looking information and forward-looking statements are necessarily based on a number of estimates and assumptions that are inherently subject to significant business, economic and competitive uncertainties and contingencies. All statements other than statements which are reporting results as well as statements of historical fact are forward-looking statements that may involve a number of known and unknown risks, uncertainties and other factors; many of which are beyond the ability of IDC to control or predict.
Forward-looking statements are generally identifiable by use of the words "may", "will", "should", "continue", "expect", "anticipate", "estimate", "believe", "intend", "plan or "project" or the negative of these words or other variations on these words or comparable terminology. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Risk factors that might cause actual results to differ materially include, but are not limited to: competitive developments; risks associated with IDC's growth; expectations regarding new product initiatives and timing, including the STAR Pro Audio™ Solution, LASER™ Targeted Ad Insertion Platform and Digital Tattoo™ DTH Over IP Gateway; 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 services 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; expectations with respect to the sufficiency of its financial resources and liquidity; regulatory risks and intellectual property infringement.
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.
Except as expressly required by applicable law, we undertake no obligation to publicly update or revise forward-looking statements, whether as a result of new information, future events or otherwise. 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.
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