Wegener Corporation (OTCQB: WGNR) (PINKSHEETS: WGNR), a leading
provider of equipment for television, audio and data distribution
networks worldwide, today announced equipment orders and releases
for two media networks.
WEGENER received an order from Microspace for 100 Unity® 552
enterprise media receivers to support an expansion of a global
digital signage network. Microspace provides professional digital
signage network management services for a global retailer.
Utilizing WEGENER Compel® network control, in conjunction with
WEGENER receive equipment, Microspace has expanded the network
footprint to support close to 500 stores around the world. The
order was received and will ship during Wegener's fourth quarter of
fiscal 2012.
"WEGENER's media distribution solutions offer clients,
particularly those with more than 100 sites, a simple and robust
management system," stated Troy Woodbury, President and CEO of
Wegener Corporation. "The Compel control system is optimized for
professional business networks to support multiple clients and
applications simultaneously."
The Unity 552 is WEGENER's enterprise media receiver for live,
HD video broadcasts over satellite. Compel network control systems
offer flexibility to manage, schedule, distribute and control
playout of media content to WEGENER receivers. It allows operators
to tightly control end-user sites by sending commands to individual
or groups of receivers to configure video, audio, data outputs, or
switch to specific satellite transponders.
In addition, WEGENER released an order release for 200+ WEGENER
iPump 562 media servers and a non-redundant Compel 2 network
control system. The units will be used by an international customer
managing a governmental media network. In this configuration, the
WEGENER equipment is capable of supporting live and file-based
video applications, such as digital signage and regionalized video
insertions.
WEGENER received the releases, from a previous booked blanket
order, during the third quarter and shipped a portion of the
equipment against its existing order backlog during the third
quarter of fiscal year 2012. The balance of the order release will
ship during Wegener's fourth quarter of fiscal 2012 which ends
August 31, 2012.
ABOUT MICROSPACE
Microspace Communications is a Capitol Broadcasting Company. CBC
is a diversified communications company which owns and/or operates
WRAL-TV, WRAL Digital, WRAL-FM, WRAL-HD2, WCMC-FM, WCMC-HD1,
WDNC-AM, WCMC-HD2, WCMC-HD3, WCLY-AM, WCMC-HD4, Microspace, CBC New
Media Group and Wolfpack Sports Properties in Raleigh, NC; WJZY-TV
and WMYT-TV in Charlotte, NC; WILM-TV and Sunrise Broadcasting in
Wilmington, NC; WRAZ-TV and The Durham Bulls Baseball Club in
Durham, NC; and real estate interests including the American
Tobacco Project and Diamond View office buildings in Durham,
NC.
For additional information about Microspace see:
www.microspace.com or call Greg Weaver at (919) 850-4547.
ABOUT WEGENER
WEGENER® (Wegener Communications, Inc.), a wholly-owned
subsidiary of Wegener Corporation (OTCQB: WGNR) (PINKSHEETS: WGNR),
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 is on Twitter. Sign up to follow @WEGENER at
http://twitter.com/wegener.
WEGENER, COMPEL, COMPEL CONTROL, iPUMP,
MEDIAPLAN, UNITY, ASSURED FILE DELIVERY, PROSWITCH, VIDATA, the
stylized W-design logo (for WEGENER®), and the stylized C-design
logo (for Compel®) 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 2012 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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PRESS CONTACT: Melanie Charles Marketing Manager WEGENER
(770) 814-4048 Email: Email Contact INVESTOR RELATIONS
CONTACT: Jim Traicoff Investor Relations WEGENER (770) 814-4000
FAX (770) 623-9648 Email: Email Contact
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