IDC Enters into Strategic Agreement with Ymagis Group for Advanced Hybrid Software-based Digital Cinema Solution
Ottawa, ON, September 8, 2015 – International Datacasting Corporation (TSX: IDC), a technology provider for the world’s premiere broadcasters, is pleased to announce that Ymagis Group (ISIN: FR0011471291, TICKER: MAGIS), the European specialist in digital technologies for the motion picture industry, has entered into a strategic agreement to provide new software-based "Digital Cinema Client", which enables delivery of movies and trailers over both satellite and/or broadband.
The new software-based 'Digital Cinema Client' includes IDC’s next generation solution DataCloud XD for broadband distribution as well as the well-known and widely deployed Datacast XD for satellite distribution. The 'Digital Cinema Client' is part of the Digital Cinema solution, which includes fullyautomated management and distribution of movies, trailers and advertisements to theaters, and coexists with existing SuperFlex Pro Cinema hardware receivers, from a single head-end.
“We will deploy IDC’s software-based 'Digital Cinema Client' into our own existing hardware at a majority of our 3,300 cinemas connected to our network across Europe," said Jean Mizrahi, President and CEO of Ymagis. "This will allow us to integrate the same technology in our satellite and terrestrial networks that we are currently consolidating, as well as enabling cost effective expansion. IDC’s software is proven and efficient and this agreement will build on their excellent professional reputation in this market."
“IDC is delighted to enter into a long-term strategic partnership with the leading and fastest growing digital cinema player in the world. It takes both IDC and Ymagis to the next level as we move into software-based products, with both cloud and satellite delivery of digital cinema files”, said Steeve Huin, Co-Chief Executive Officer of IDC. “We are very excited in leading the way with the most- advanced and reliable solution that will be implemented across thousands of theaters.”
About International Datacasting Corporation:
International Datacasting Corporation (TSX: IDC) is a technology provider for the world’s premiere broadcasters in radio, television, data and digital cinema. IDC’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. For more information visit: www.datacast.com.