WEGENER Announces First IP Set Top Orders at TELECOM '05
WEGENER Announces First IP Set Top Orders at TELECOM '05
LAS VEGAS, Oct. 25 /PRNewswire-FirstCall/ -- Wegener(R) Corporation (NASDAQ:WGNR), a leading provider of television, audio and data distribution networks worldwide, announces multiple orders for WEGENER's new IP set top, SMD 515.
"We are excited to form new partnerships with small telco operators to deploy viable MPEG-4 set top technologies," stated Robert Placek, CEO and Chairman of Wegener Corporation. "We will build upon 25 years of customer satisfaction to support IPTV and the broad scope of related applications."
Launching video services to high-speed Internet customers is part of a "triple play" strategy for telco operators to increase service offerings to subscribers. MPEG-4/h.264 is an advanced video compression scheme seen as a key enabler to drive large scale deployments of video services, such as multi- channel broadcasts, video-on-demand and HD programming.
WEGENER's streaming media decoder, SMD-515, supports MPEG-4/h.264 and MPEG-2 decoding. The IP set top fully supports both SD and HD video, optional PVR and rapid integration of 3rd party applications. WEGENER is exhibiting in booth 104 on the TELECOM '05 exhibit show floor.
ABOUT WEGENER
WEGENER (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, WEGENER's patented network control system provides networks with unparalleled ability to regionalize programming and commercials. COMPEL network control capability is integrated into WEGENER digital satellite receivers. WEGENER can be reached at +1.770.814.4000 or on the World Wide Web at www.wegener.com.
COMPEL, MEDIAPLAN, ENVOY, UNITY, and iPUMP are trademarks of WEGENER Communications, Inc. 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, general market conditions which may not improve during fiscal year 2006 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 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 and specifically disclaims any obligation to update any forward-looking statements.
Source: Wegener Corporation
CONTACT: C. Troy Woodbury, Jr., Treasurer and Chief Financial Officer of Wegener Corporation, +1-770-814-4000, or fax, +1-770-623-9648, or info@wegener.com
Web site: http://www.wegener.com/
------- Profile: Ent
0 Comments:
Post a Comment
<< Home