WEGENER Receives $1.4 Million in Orders for New Enterprise Media Receiver
WEGENER Receives $1.4 Million in Orders for New Enterprise Media Receiver
WEGENER's new Unity 552 Enterprise Receiver Supports MPEG-4/h.264 Decoding for SD and HD, DVB-S2 Demodulation, and integrated COMPEL(R) control
DULUTH, Ga., Dec. 20 /PRNewswire-FirstCall/ -- Wegener Corporation (NASDAQ:WGNR) , a leading provider of equipment for television, audio and data distribution networks worldwide, today announced receiving orders totaling over $1.4 million from one of its largest customers for the new Unity 552 Enterprise Media Receiver. The Unity 552 has bandwidth-efficient MPEG-4/h.264 video coding for both standard definition and high definition video, digital and analog outputs, as well as advanced DVB-S2 demodulation. The orders are expected to be the first of a series of orders from the customer for a complete network upgrade to the Unity 552.
"WEGENER designed the Unity 552 to address the needs of the private enterprise market and it has been obtaining great reviews from its field trials," stated Ned L. Mountain, President and COO of WEGENER. "With the Unity 552, new and existing enterprise networks can explore opportunities to transition live video broadcasts from MPEG-2 to MPEG-4/h.264 video compression and upgrade to high definition video. With Compel Control(R) as a standard feature of the product, the Unity 552 responds instantly to remote commands, encryption changes and seamlessly integrates into existing Compel networks."
Network operators can achieve 40-70% greater signal compression using MPEG-4/h.264 video compression and DVB-S2 modulation compared with the current standard MPEG-2 video compression and DVB-S satellite modulation. These new technologies, when integrated with WEGENER's COMPEL network control system, allow enterprise networks considerably lower operational costs.
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, background 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 at www.wegener.com.
COMPEL, MEDIAPLAN, ENVOY, UNITY, and iPUMP are trademarks of WEGENER. 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.
First Call Analyst:
FCMN Contact:
Source: Wegener Corporation
CONTACT: Press Contact: Robin Hoffman of Pipeline Communications,
+1-973-746-6970, robinh@pipecomm.com; Investor Relations: Troy Woodbury of
WEGENER, +1-770-814-4000, Fax +1-770-623-9648, info@wegener.com
Web site: http://www.wegener.com/
Profile: International Entertainment
0 Comments:
Post a Comment
<< Home