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Monday, November 3, 2008

Company News — International Datacasting
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IDC works out Italian job

By Krystle Chow, Ottawa Business Journal Staff
Mon, Nov 3, 2008 12:00 PM EST

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Ron Clifton, IDC. (Darren Brown, OBJ)International Datacasting Corp. (TSX:IDC) has signed a deal to roll out its technology in support of a new digital cinema distribution network in Europe, the company announced today.

The Ottawa-based satellite products company said it has signed a memorandum of understanding (MOU) with Italy-based satellite service provider OpenSky, which will see IDC providing an end-to-end solution based on its SuperFlex Pro Cinema product line which is capable of satellite distribution of digital movies and live events content, through its Netherlands subsidiary PROFLine B.V.

"We are pleased and proud to be chosen by OpenSky to be their technology provider and to be providing the latest network solution for this exciting new digital cinema project," said IDC chief executive Ron Clifton in a statement. "OpenSky is an industry leader and has a reputation for excellence and quality of service."

As part of the MOU, IDC said OpenSky has made an initial order of uplink broadcast equipment and has deployed IDC's satellite receivers to multiple theatres across Italy, as the first step towards a continent-wide digital cinema distribution network.

The company added that OpenSky is also using the IDC solution in a European Space Agency project focused on electronic and digital cinema distribution.

Financial terms of the deal were not disclosed "for competitive reasons."

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