WEGENER Announces New Vice President of Worldwide Sales
WEGENER Announces New Vice President of Worldwide Sales
DULUTH, Ga., Nov. 7 /PRNewswire-FirstCall/ -- Wegener Corporation (NASDAQ:WGNR), a leading provider of television, audio and data distribution networks worldwide, today announced Rajnish (Raj) Babbar has joined WEGENER as the Vice President of Worldwide Sales.
Mr. Babbar comes to WEGENER from Terayon Communications where he served as Vice President of Sales, America. Throughout Mr. Babbar's career, including previous management roles at ADC Telecommunications and Scientific-Atlanta, Inc., he has cultivated positive relationships with cable, broadcast and telecom customers and managed a consistent track record of revenue growth and high customer satisfaction levels.
"We're proud to welcome Raj to WEGENER," said Robert Placek, CEO and Chairman of Wegener Corporation. "His comprehensive perspective of our industry, coupled with a vigorous mix of strategic and management skills make him an ideal addition to our leadership team. Raj will focus his efforts on growing the company in existing and new markets."
In this position, Mr. Babbar will manage WEGENER's worldwide sales initiatives. Mr. Babbar holds an MS in Computer Engineering from Syracuse University, a BE in Civil Engineering and an MS in Chemistry from the Birla Institute of Technology and Science in India.
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.
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 2006 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/
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