IDC Management Slate Elected at Annual General Meeting

IDC-logoOttawa, ON, July 24, 2013 – International Datacasting Corporation (TSX: IDC) is pleased to announce that the Management slate consisting of the following directors was elected at its Annual General Meeting (AGM) held earlier today:

  • Mr. Del Lippert, retired, past President and CEO of Med-Eng Systems
  • Mr. Georges Ata, President and CEO of Intelcan Technosystems Inc.
  • Mr. Peter Strom, President and CEO of March Networks
  • Mr. Graham McBride, President and CEO of Larchhill Capital Inc.
  • Mr. Chris Van Staveren, President of Chrysalis4 Investments
  • Mr. Doug Lowther, President and CEO of International Datacasting Corporation

All existing members of the Board prior to the AGM have been re-elected, with the exception of Mr. Chris Van Staveren, who is a newly elected director.  Mr. Van Staveren is the President of Chrysalis4 Investments, an independent advisory firm focused on developing new business ventures and investing in private companies. Mr. Van Staveren was formerly a partner at KPMG, an international accounting and advisory firm, where he focused on mergers and acquisitions for numerous North American and international-based clients with particular emphasis on the satellite and broadcast/technology sectors.

Doug Lowther, President and Chief Executive Officer of IDC stated, “IDC has a strong, seasoned leadership team with the experience to take IDC to the next level of performance. IDC is appreciated by customers for delivering innovative solutions and is focused on driving revenue growth and profitability.”

A total of 18,185,056 common shares were represented at the AGM, being 31.1% of IDC’s issued and outstanding shares as of May 27, 2013, the record date for the AGM. Shareholders voted in favour of all matters brought before the AGM. Detailed results of the vote based on proxies submitted for the election of directors are set out below.

Director

Votes For

% For

Votes Withheld

% Withheld

Del Lippert

14,994,973

90.0%

1,667,966

10.0%

Georges Ata

15,074,523

90.5%

1,588,416

9.5%

Peter Strom

15,343,609

92.1%

1,319,330

7.9%

Graham McBride

10,317,738

61.9%

6,345,201

38.1%

Chris Van Staveren

16,339,338

98.1%

323,601

1.9%

Doug Lowther

16,474,609

98.9%

188,330

1.1%

Final voting results on all matters voted on at the AGM have been filed with Canadian securities regulators and are available at www.sedar.com.

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 AudioTM Solution, LASERTM Targeted Ad Insertion Platform, and the Digital TattooTM 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 service offices in Thailand and Singapore, and an international network of value-added partners and resellers. For more information visit: www.datacast.com.

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