WEGENER Receives $1,000,000+ Order for iPUMP Solution From Ascent Media Systems & Technology Services
WEGENER Receives $1,000,000+ Order for iPUMP Solution From Ascent Media Systems & Technology Services
DULUTH, Ga., March 23 /PRNewswire-FirstCall/ -- Wegener Corporation (NASDAQ:WGNR), a leading provider of television, audio and data distribution networks worldwide, today announced an order valued at well over $1 million from Ascent Media Systems and Technology Services for the WEGENER iPump(R) Solution. The iPump Solution includes WEGENER's: iPump Media Servers, MediaPlan(R) Asset Management System, Compel(R) Control and Encryption System, and Unity(R) Satellite Receivers.
The contract provides equipment to convert a television distribution network from analog to digital and upgrade the network's capabilities with the store & forward technology of the iPump Media Servers. Schools, museums and other educational locations can receive supplemental data with the video broadcasts to enhance public education material.
"WEGENER's iPumps are very versatile; we are using them in multiple solutions for our customers - from broadcast video distribution to private network television," stated Tom Canavan, Executive Vice President, Ascent Media Systems and Technology Services.
"Ascent Media's integration and support services combined with our products are a powerful force in the industry," stated Ned Mountain, President and COO of WEGENER. "They have been a valuable partner with our iPump Solution, as they continue to apply the system in different market spaces. We understand we are only as successful as our customers and we are dedicated to continually building on our technology partnership with Ascent."
ABOUT WEGENER
WEGENER (WEGENER Communications, Inc.), a wholly-owned subsidiary of Wegener Corporation (NASDAQ:WGNR), is an international provider of digital solutions for IP data, video and audio 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 http://www.wegener.com/ .
COMPEL, MEDIAPLAN, ENVOY, UNITY, and iPUMP are trademarks of WEGENER Communications, Inc. All Rights Reserved.
About Ascent Media Systems & Technology Services
Ascent Media Systems & Technology Services provides end-to-end engineering, systems integration, consulting and technology support solutions for the broadcast, cable, entertainment, satellite, telecommunications, production/post-production and corporate video industries. Services include project management, engineering, documentation, equipment procurement, installation and a unique 24/7 mission-critical field service organization with over 50 U.S. locations. Network management capabilities include a call center, remote network monitoring and control and multi-tier technical support. Part of Ascent Media Network Services, this operating unit executes projects on a global basis, with facilities in Northvale, NJ, San Jose, CA, Palm Bay, FL, and London, UK. For further information, visit http://www.ascentmedia.com/systems .
About Ascent Media Network Services
Ascent Media Network Services (AMNS) specializes in network origination, video distribution and post-production services, with facilities in Los Angeles, CA; New York, NY; Stamford, CT; Northvale, NJ; Palm Bay, FL; Minneapolis, MN; London, and Singapore. Channel origination, master control, transmission and creative services are among the many offerings utilized by the major broadcast and cable networks as well as other content providers. In addition, the group provides a full array of systems engineering and technical services for broadcast, cable, satellite, and corporate clients. AMNS is part of Santa Monica, CA-based Ascent Media Group, which provides a wide range of services to the media and entertainment industries. For further information, visit http://www.ascentmedia.com/ .
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 2005 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/
http://www.ascentmedia.com/systems
http://www.ascentmedia.com/
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