OTTAWA, ONTARIO--(Marketwired - Jun 4, 2014) - International Datacasting Corporation (IDC.TO), the global leader in digital content distribution, is pleased to announce that it has shipped the new TITAN 3 Contribution Encoder to customers in North America, Europe, and Asia. This milestone has been achieved less than two months after the product launch announcement at the National Association of Broadcasters show.
The TITAN 3 provides the perfect balance of high video quality, ground-breaking latency performance, and best-in-class usability for demanding outside broadcast applications. IDC designed the TITAN 3 with extremely low latency - or encoding delay - of only 150ms, which enables broadcasters to be first to air with breaking news, and to conduct the most natural live interviews from remote locations. Broadcast professionals are already taking advantage of its advanced features for live events such as the 14th annual Oklahoma City Memorial Marathon. With available 4:2:2 10-bit encoding in High Definition, and support for 150 ms latency to a wide range of decoder platforms, TITAN 3 raises the standard for video contribution.
The TITAN 3 Contribution Encoder design is based on more than a decade of IDC experience serving the outside broadcast industry. TITAN Encoders are built from the ground up for the demanding conditions of outside broadcasting, featuring rugged construction to achieve superior reliability. The TITAN 3 retains the familiar, easy to use front panel which allows quick setup for mission critical operations, and is able to achieve signal on-air from power up in less than 60 seconds.
"Audiences everywhere are becoming more demanding, and challenging applications such as live news and sports require the best possible image quality as well as very low latency performance," said Doug Lowther, President and CEO of IDC. "IDC is proud to support leading edge broadcasters worldwide who are already showing strong interest in our latest groundbreaking video product."
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. 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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