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Technology Stocks : International Datacasting - Takeover Target?

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To: StockTrakker who wrote (115)5/5/1998 5:26:00 PM
From: M. Merriam  Read Replies (2) of 209
 
Found another press release:

International Datacasting's President Inaugurates Mexico's Newest Digital Audio Satellite Broadcast System

Ottawa, Canada - April 27, 1998 -International Datacasting's President & CEO, Ron Clifton, recently attended the kick-off of Sistema Radiopolis's new digital audio satellite broadcast system, Radiopolis 2000, in Mexico City. Sistema Radiopolis, which is owned by TV network Televisa, is Mexico's oldest and largest radio network. The event, which attracted national media attention, centered around the installation of International Datacasting's FlexRoute, a satellite digital audio broadcast system. FlexRoute permits Sistema Radiopolis to broadcast crystal-clear audio into every corner of Mexico, up into the southern USA and down into Central America.

Mr. Clifton, speaking "live-on-air" to the entire broadcast area on the new system, stated that the corporation's esteemed radio clients already include Deutche Welle, the BBC, Capitol Radio, Radio Maria and the WorldSpace Corporation. "Today, I'm happy to say to Radiopolis - one of the most important communications consortiums in the world - welcome to our esteemed family, and thank you for the opportunity to be able to serve you."

Making his comments in Spanish to a crowd that included 35 journalists, Mr. Clifton added that "Latin America, and Mexico in particular, is very important for us. There is a new wave in information and communication and we are happy to make the equipment that helps make this possible."

Ricardo Rocha, President of Sistema Radiopolis, said that "Undoubtedly the gains that we are seeing today in broadcasting would not have been possible without the advances we find at the threshold of the 21st century." Mr. Rocha, who was a popular TV personality before joining Sistema Radiopolis, added that "Technology and science that, in another time, we would have called magic, allows us to connect with the whole world in seconds, sending our voices to unimaginable locations, it allows us to accompany all human beings, regardless of race or creed, in each of their activities. It gives us the possibility of speaking to the world, and allows the world to hear us."

International Datacasting (MSE:IDA) is located in Ottawa, Canada and has a U.S. subsidiary in Norcross, Georgia and authorized representatives worldwide. Established in 1984, the Corporation is an internationally recognized leader in the design, manufacture, installation and support of advanced products for the satellite broadcasting industry. International Datacasting has over 20,000 satellite digital audio and data broadcasting earth stations installed in 35 countries worldwide.
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