IDC puts up positive Q1

International Datacasting Corp. finds itself in the black in Q1, posting a net earning of $55,546, a sharp turnaround from the same period in fiscal 2006 when it had a net loss of $457,405 ($.01 a share). Revenue nearly doubled to $5.8 million from $3.2 million. The satellite technology company credits product development and sales and marketing efforts for the reversal. IDC recently released four new products, including an IP television decoder product for both standard and high-definition television.

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