WEGENER® Receives Order for $1,100,000 to Support International Digital Signage Project
November 19 2010 - 8:30AM
Business Wire
Wegener Corporation (OTCQB: WGNR.PK), a leading provider of
equipment for television, audio and data distribution networks
worldwide, today announced the receipt of an order for iPump® 562
enterprise media players totaling $1,100,000. The units will be
deployed in an international satellite-enabled digital signage
project.
WEGENER’s digital signage solution provides simultaneous support
of multiple clients, marketing zones and applications. It includes
new digital sign creation for custom sign layouts and sequences of
video, audio, graphics, html and text content. It can be used to
display local content at 1 or 1000+ screens utilizing a control
system proven to support millions of ad insertions a month.
“Adding digital signage to our portfolio of media distribution
solutions expands our clients’ ability to deliver targeted
messages,” stated Troy Woodbury, President and CEO of Wegener
Corporation. “Coupled with Compel® 2 network control, clients can
easily manage a variety of communication tools to multiple
audiences in hundreds of locations.”
WEGENER iPump 562 media players provide a flexible messaging
environment with features supporting live HD video, background
music and digital signage. The new WEGENER Compel 2 network control
system is used to remotely manage iPump 562 media players. Compel 2
distributes audio/visual commands, manages schedules, receiver
databases and distribution over satellite & Internet paths. The
new web browser interface streamlines support for multiple networks
with enhanced permission-based access and segregation of network
data.
The order was booked during WEGENER’s current first fiscal
quarter of 2011 and will ship during WEGENER’s first and second
quarters of 2011.
ABOUT WEGENER
WEGENER® (Wegener Communications, Inc.), a wholly-owned
subsidiary of Wegener Corporation (OTCQB: WGNR.PK), is an
international provider of digital video and audio solutions for
broadcast television, radio, telco, private and cable networks.
With over 30 years experience in optimizing point-to-multipoint
multimedia distribution over satellite, fiber, and IP networks,
WEGENER offers a comprehensive product line that handles the
scheduling, management and delivery of media rich content to
multiple devices, including video screens, computers and audio
devices. WEGENER focuses on long- and short-term strategies for
bandwidth savings, dynamic advertising, live events and affiliate
management.
WEGENER’s product line includes: iPump® media servers for
file-based and live broadcasts; COMPEL® Network Control and COMPEL®
Conditional Access for dynamic command, monitoring and addressing
of multi-site video, audio, and data networks; and the Unity®
satellite media receivers for live radio and video broadcasts.
Applications served include: digital signage, linear and file-based
TV distribution, linear and file-based radio distribution, Nielsen
rating information, broadcast news distribution, business music
distribution, corporate communications, video and audio
simulcasts.
WEGENER® can be reached at (770) 814-4000 or 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®. 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 2011 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.
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