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International Datacasting Corporation Bids Farewell to Denzil Doyle

^{Published on 2009-12-08 13:37:18 - Market Wire}
 

OTTAWA, ONTARIO--(Marketwire - Dec. 8, 2009) - International Datacasting Corporation, (TSX:IDC) a global leader in providing advanced solutions for the distribution of broadband multimedia content via satellite, announced today Denzil Doyle will be stepping down from its Board of Directors after 15 years of service.

"Denzil's commitment to IDC, its products and its people has been outstanding. Without his involvement and contribution early on, IDC would not be the successful company that it is today with operations around the world, a stellar customer list and a growing list of products. On behalf of everyone at IDC, I would like to offer Denzil our thanks and gratitude for his many years of service. We will miss his input and candor and we wish him many more years of continued good health and success," said Denis Colbourne, Chairman of the Board.

About Denzil Doyle

Denzil Doyle is Chairman of Doyletech Corporation (a consulting company) and has been a long-time leader of the venture capital investment community in Ottawa. He has also been a Director of the National Research Council, Newbridge Networks, Mitel Networks, and Med-Eng Systems and has successfully founded a number of high-tech companies. From 1995 to 2005, he served as Chairman of Capital Alliance Ventures Inc., an Ottawa-based venture capital firm specializing in technology investments. He is also the author of Making Technology Happen. In 2005, Mr. Doyle was invested as a Member of the Order of Canada.

About International Datacasting Corporation (IDC):

International Datacasting Corporation (TSX:IDC) is a global leader in providing IP-based datacasting solutions for the distribution of broadband multimedia content. IDC has a broad portfolio of advanced technology products marketed under the names SuperFlex, Datacast XD, Tiernan, Logic Innovations and PROFline for implementing a wide range of satellite and other broadband content contribution and distribution networks. IDC's products are in demand for radio and television broadcast networks, distance learning, digital satellite news gathering and sport contribution, digital signage, digital cinema, IPTV distribution and other content distribution applications. IDC is headquartered in Ottawa, Canada, operates in Europe through its wholly owned subsidiary PROFline B.V. in Arnhem, the Netherlands and in the US through its Tiernan and Logic Innovations operations in San Diego, California. The Company is in international in scope with installations in over 100 countries worldwide, has regional sales and service offices in the UK, Australia, Singapore and China as well as an established international network of value-added partners and distributors.

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.