International Datacasting (TSX: IDC) will expand its portfolio of solutions at the 2014 NAB Show in Las Vegas, with the launch of new products for high performance video contribution, targeted ad insertion, and the latest video compression technologies to deliver premium content in Ultra High Definition format. IDC will take very low latency encoding to new heights with its new TITAN 3 Contribution Encoder. TITAN 3 leads the industry in video and audio compression quality, with the flexibility to deliver the lowest latency encoding without requiring a proprietary decoder. The latest addition to IDC's portfolio of video contribution solutions, TITAN 3 boasts a highly flexible internal modulator, as well as full support for all the leading audio and video formats and BISS encryption. TITAN 3 tackles the unique challenges of professional outside broadcasting and is ideally suited for real-time critical content such as live sports.
The LASER Multi Program Splicer (MPS) enables seamless content and ad insertion on multiple channels simultaneously, which is a perfect complement to IDC's existing ad insertion solution. The LASER MPS also extends IDCs LASER Targeted Ad Insertion Platform by integrating with existing receive-site equipment, and providing support for long-format program insertion. IDC now has the industry's broadest portfolio of solutions for targeted ad insertion, including support for satellite, digital terrestrial, and IP distribution networks.
IDC is also developing a 4K Ultra High Definition system as part of a new joint development program with the European Space Agency. The goal of the program is to enable the cost-effective delivery of live 4K UHD broadcast via satellite for distribution to the home and to digital cinema screens using the new High Efficiency Video Coding compression algorithm.
IDC continues to innovate and deliver new solutions to support the changing landscape of the broadcast industry, said Doug Lowther, IDC's President and CEO. With our new products launching at NAB, IDC can now address our customers' full range of requirements for targeted ad insertion, video contribution, and Ultra HD video distribution. We look forward to connecting with broadcasters and content providers at NAB.
IDC will hold a press conference Sunday April 6, 2014 at 12:00pm PST in the NAB Show Press Briefing Room, N242.
The 2014 NAB Show takes place at the Las Vegas Convention Centre, April 7-10.
IDC will be in booth SU3710.
About International Datacasting Corporation:
International Datacasting Corporation (TSX: IDC) 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 news gathering, 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: http://www.datacast.com. Forward-Looking Statements:
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; 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 IDCs 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 ID
