New York, NY November 9, 2011 – Broadcast International (BCST.OB) announces a partnership with National Datacast (NDI), the leader in nationwide wireless data broadcasting. This relationship allows Broadcast International's Managed Media Services Division to leverage National Datacast's vast network to affordably deliver content to a broad range of customer locations. The announcement was made from the floor of Customer Engagement Technology World as the show opened today at the Javitz Convention Center in New York.
"We are very excited to be partnering with NDI", said Rod Tiede, CEO of Broadcast International. "Combining our Managed Services experience with NDI's datacasting and content delivery footprint makes for a very powerful partnership." Broadcast International’s Managed Media Services furnishes unprecedented cinema quality, low-cost video delivery to multiple screens.
Jacqueline Weiss, National Datacast CEO, added "We are extremely eager to leverage the advanced technology and robust managed media services Broadcast International offers, including digital signage and posters, video and music. These offerings complement and extend the network services we provide to our customers, presenting a very sophisticated and efficient solution for network operations."
About National Datacast, Inc.
National Datacast, Inc., with twenty years of experience, is the leader in nationwide wireless data broadcasting, delivering a variety of content for various customers and applications. National Datacast provides customized solutions for delivering entertainment, information, and other digital content to homes and businesses across the United States. National Datacast’s network integrates the broadcast facilities and capacity of PBS television stations enabling clients to reach all of their customers instantaneously, locally, regionally, and/or nationally; with the same or different content and services; in real time or on a scheduled basis. For more information, visit: www.nationaldatacast.com
About Broadcast International
Broadcast International is a leading provider of video-powered broadcast solutions, including IP, and digital satellite, Internet streaming and other types of wired/wireless network distribution. BI's patented CodecSys software is a breakthrough, multi-codec video compression technology that cuts video bandwidth requirements over satellite, cable, IP and wireless networks. By slashing bandwidth needs, CodecSys enables a new generation of applications such as streaming video to cell phones, and offers unprecedented price/ performance benefits for existing applications such as HD video.
All statements in this news release that are not based on historical fact are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (which Sections were adopted as part of the Private Securities Litigation Reform Act of 1995). While management has based any forward-looking statements contained herein on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties, and other factors, many of which are outside of our control, that could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not necessarily limited to, those set forth under the caption "Additional Factors That May Affect Our Business" in the Company's most recent Form 10-K and 10-Q filings, and amendments thereto. In addition, we operate in a highly competitive and rapidly changing environment, and new risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. We disclaim any intention to, and undertake no obligation to, update or revise any forward-looking statement.
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