IDC Hires Williams for Sales and Marketing as CEO Departs

November 28, 2012

Ottawa, ON - Nov 28, 2012 - Fred Godard has stepped down as president and chief executive officer of International Datacasting Corporation. Godard joined the company as president and CEO in March 2010.

A search for a new president and CEO has been commenced under the direction of Georges Ata, chairman of IDC's Compensation and Human Resources Committee, and is expected to be completed in the next three to four months. At the request of the board, Lippert will take on the role of Interim CEO until a new candidate has been selected. Lippert will continue to serve as chairman of the board of IDC during the interim period.

The company also appointed Virginia Lee Williams to the role of vice president of sales and marketing. Williams most recently served as vice president of sales for the Americas and China at Printronix. Prior to Printronix, Williams served as vice president of global sales operations for Harris. Williams replaces Rudi Polednik, IDC's previous vice president of global sales and marketing who departs from the position after approximately two years in the role.

The board of directors also announced that it plans to expand the Board and intends to appoint two additional members in the upcoming months. "We are seeking candidates who will complement the existing level of industry expertise and presence at the board level in addition to augmenting our overall corporate governance," stated Peter Strom, chairman of the Corporate Governance and Nominating Committee.

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