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PRESS RELEASES
DULUTH, Ga., April 28 /PRNewswire-FirstCall/ -- Wegener Corporation
(Nasdaq: WGNR), a leading provider of equipment for television, audio and data
distribution networks worldwide, today announced a $1.2 million order for a
digital signage project for the financial services industry. The new order
was received during WEGENER's second quarter of fiscal 2008 and shipments are
scheduled for delivery during WEGENER's third quarter of fiscal 2008, which
ends on May 30, 2008.
This order represents the launch of WEGENER's new iPump 562 enterprise
media server. The iPump 562 media server supports bandwidth-saving features,
such as MPEG-4/h.264 video decompression, file-based workflows and DVB-S2
satellite demodulation. These features can be used in combination to create
customized, high quality high definition (HD) and standard definition (SD)
video channels for digital signage applications. WEGENER's end-to-end control
and playout solution provides a cost-effective approach to supporting multi-
site enterprise video projects with high levels of customization per
television screen.
"We are pleased to expand the list of customers using our digital signage
solutions and this order represents a powerful launch for our new MPEG-4 HD
iPump media server product," stated Ned L. Mountain, President and COO of
WEGENER. "This new product will be used in many hundreds of bank lobbies to
display videos, up to the minute exchange rates and queue information.
Digital signage has emerged as a growth area for us and the new iPump 562
vastly expands our range of solutions."
WEGENER's complete digital signage solution allows unique programming
content within individual retail departments, regions or stores that can be
distributed and updated by central network operators. To ensure reliable full
time operations WEGENER leverages broadcast expertise and advanced network
control capabilities to remotely control each receiver for 'hands-free'
operation. Employees at display locations do not have to manage or interact
with the receivers because functions and upgrades are scheduled and managed
remotely from the COMPEL network control system at the central operations
center. WEGENER iPump video decoders are optimized for superior video
splicing between advertisements.
ABOUT WEGENER
WEGENER(R) (Wegener Communications, Inc.), a wholly-owned subsidiary of
Wegener Corporation (Nasdaq: WGNR), is an international provider of digital
solutions for video, audio, and IP data networks. Applications include IP data
delivery, broadcast television, cable television, radio networks, business
television, distance education, business music and financial information
distribution. COMPEL(R), WEGENER's patented network control system, provides
networks with unparalleled ability to regionalize programming and commercials.
COMPEL(R) network control capability is integrated into WEGENER(R) digital
satellite receivers. WEGENER(R) can be reached at +1.770.814.4000 or on the
World Wide Web at www.wegener.com.
WEGENER, COMPEL, COMPEL CONTROL, iPUMP, MEDIAPLAN, UNITY, ASSURED FILE
DELIVERY, PANDA, PROSWITCH, VIDATA, the stylized W-design logo (for WEGENER),
the stylized C-design logo (for Compel) and the stylized PANDA design logo are
all registered trademarks of WEGENER(R). All Rights Reserved.
This news release may contain forward-looking statements within the
meaning of applicable securities laws, including the Private Securities
Litigation Reform Act of 1995, and the Company intends that such forward-
looking statements are subject to the safe harbors created thereby. Forward-
looking statements may be identified by words such as "believes," "expects,"
"projects," "plans," "anticipates," and similar expressions, and include, for
example, statements relating to expectations regarding future sales, income
and cash flows. Forward-looking statements are based upon the Company's
current expectations and assumptions, which are subject to a number of risks
and uncertainties including, but not limited to: customer acceptance and
effectiveness of recently introduced products, development of additional
business for the Company's digital video and audio transmission product lines,
effectiveness of the sales organization, the successful development and
introduction of new products in the future, delays in the conversion by
private and broadcast networks to next generation digital broadcast equipment,
acceptance by various networks of standards for digital broadcasting, the
Company's liquidity position and capital resources, general market conditions
which may not improve during fiscal year 2008 and beyond, and success of the
Company's research and development efforts aimed at developing new products.
Discussion of these and other risks and uncertainties are provided in detail
in the Company's periodic filings with the SEC, including the Company's most
recent Annual Report on Form 10-K. Since these statements involve risks and
uncertainties and are subject to change at any time, the Company's actual
results could differ materially from expected results. Forward-looking
statements speak only as of the date the statement was made. The Company does
not undertake any obligation to update any forward-looking statements.
SOURCE Wegener Corporation
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