International Datacasting Corporation: ESA Awards International Datacasting Contract for Development of Next-Generation DVB-S2 Products
30 November 2006
International Datacasting Corporation (TSX: IDC) today announced that it has been awarded a contract by the European Space Agency (ESA) for a research and development project for the next generation of DVB-S2 satellite multicasting products. The objective of the project is to plan and develop an extension of IDC's DVB-S2 product line capable of reaching ultra-high throughput performance and multi carrier operation. This project will build on IDC's recently released DVB-S2 line of receivers that are very much in demand for a variety of point-to-multipoint broadband datacasting applications that include IPTV, digital cinema, digital radio networks, syndicated television and HDTV.
Under their "Telecom Start-up Project Initiative", ESA Telecom plays an investment role by supporting the development of new satellite systems and technologies in preparation for future services. ESA Telecom promotes and contributes to the competitiveness of the European and Canadian private sector by providing a lead in research and development (R&D) activities and by forging partnerships within the industry.
IDC President and CEO, Ron Clifton said, "We are pleased to have been awarded this contract by the European Space Agency. It was a challenging selection process and we are proud that our innovative approach was recognized and selected. Our recently released DVB-S2 products are already pushing the performance envelope of technology for many applications. This ESA project will help us extend that performance beyond the current state-of-the-art in the industry and will contribute significantly to our ability to meet the expected increase in demand for media-rich bandwidth-intensive applications already being forecasted by industry experts."
The announcement was made at the annual Satellite and Content Delivery Conference & Expo (SATCON) held at the Jacob K. Javits Convention Center in New York City - the only major event that focuses on satellite applications for end-users. IDC is exhibiting their latest products and applications at its booth # 132 on Level 1- Exhibit Hall 1A, November 29-30, 2006. The contract is valued at 300,000 Euros and will be jointly funded by IDC and ESA.
About ESA Telecom:
ESA Telecom is the department of the European Space Agency (ESA) responsible for coordinating, shaping and supporting innovation in satellite communications. The Telecom department is part of ESA's Directorate of Telecommunication and Navigation.
The Telecom team seeks input from commercial businesses (such as equipment manufacturers, system developers, satellite operators, service providers and application developers) and academic organizations (such as research institutes and universities) to produce a single, prioritized R&D plan. ESA Telecom's role as a major facilitator of R&D activity enables European and Canadian businesses to develop world-class products and services, and helps European citizens to benefit from high quality, cost efficient, telecommunications. For more information on ESA Telecom, visit www.telecom.esa.int.
About International Datacasting Corp.:
IDC (TSX: IDC) provides advanced products, systems and services for the implementation of broadband wireless infrastructure networks used to distribute broadband multimedia data. IDC is at the forefront of delivering IP-based datacasting solutions via satellite and content distribution technologies with installations in more than 100 countries worldwide. IDC's products are in demand for radio and television broadcast networks, enterprise networks, distance learning, digital signage and digital cinema, high-speed Internet infrastructure and other multimedia content distribution applications. IDC is a recipient of numerous awards including the prestigious Canada Export Award for Innovation and Technology Achievement. IDC is headquartered in Ottawa, Canada, operates in Europe through its wholly owned subsidiary PROFline B.V. in Arnhem, the Netherlands and has an established international network of value-added partners and distributors. Visit IDC on the web at www.intldata.ca and www.profline.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.
Contacts: International Datacasting Corporation Deborah Lovegrove Director of Marketing Communications 613-596-4120 x 274 dlovegrove@intldata.ca www.intldata.ca
SOURCE: International Datacasting Corporation
Source: marketwire
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