FOX NewsEdge Orders WEGENER iPump Solution
FOX NewsEdge Orders WEGENER iPump Solution
DULUTH, Ga., Aug. 9 /PRNewswire-FirstCall/ -- Wegener(R) Corporation (NASDAQ:WGNR), a leading provider of television, audio and data distribution networks worldwide, announced a substantial fourth quarter order from FOX NewsEdge for WEGENER's iPump Solution, including WEGENER's end-to-end digital content management system, MediaPlan(TM).
The system will allow FOX NewsEdge's 24-hour news operation and its affiliates to upgrade their network operations - combining elements of digital asset management with WEGENER's robust satellite network control system. Ned Mountain, COO and President of WEGENER, said, "Our iPump Solution allows affiliates to simplify their operations and optimize their current workflow - allowing scripts and video news clips to remain linked together all the way to the news director's desk."
WEGENER's MediaPlan digital content management system ingests, encodes, tracks and archives news information as digital assets. Each digital asset includes video clips, low-resolution video clips for desktop viewing, metadata, script information and associated graphics.
Each broadcast affiliate will receive a WEGENER iPump Media Server to receive and serve digital assets to their news systems. FOX NewsEdge will upgrade their WEGENER COMPEL(TM) Network Control to coordinate and monitor digital asset distribution. Delivery of the system begins in WEGENER's fourth quarter of fiscal 2005 and will conclude by the end of second quarter of fiscal 2006.
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.
ABOUT FOX NEWSEDGE
FOX NewsEdge is a worldwide news service providing story writing, photography, and editing to the FOX Broadcasting Network. The service is responsible for: 25 daily NewsEdge feeds; over 8,000 regularly scheduled feeds per year; 150,000 stories per year; 11,000 custom live shots per year; as well as hundreds of special news feeds including exclusive franchise packages on business news, consumer issues, entertainment news, health and medicine, investigative reports, and sports.
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 2005 and beyond, and success of the Company's research and development efforts aimed at developing new products. Discussions 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/
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