WEGENER Receives IPTV Set Top Order From Auroras Entertainment
WEGENER Receives IPTV Set Top Order From Auroras Entertainment
DULUTH, Ga., March 16 /PRNewswire-FirstCall/ -- Wegener Corporation (NASDAQ:WGNR), a leading provider of television, audio and data distribution networks worldwide, today announced it has received an order from Auroras Entertainment for WEGENER IPTV set top units. The order comes as a part of a previously announced licensing arrangement where WEGENER will license its COMPEL network control system to Auroras for their network.
"Auroras is dedicated to ensuring that smaller broadband service providers can offer advanced television entertainment services," said Mike Kazmier, President and Chief Technology Officer at Auroras. "Providing reliable, reasonably priced, MPEG-4 compatible IPTV set tops is an important part of our business strategy and WEGENER's offering provides these key features in a flexible package."
"We look forward to supporting Auroras' launch of a full suite of IPTV services nationwide," quoted Ned Mountain, President of WEGENER. "They have a well planned and managed approach to aggregate and distribute IPTV content to telecom operators."
WEGENER's streaming media decoder, SMD-515, supports MPEG-4/h.264 and MPEG-2 video decoding. The IP set top fully supports both SD and HD video, optional PVR and rapid integration of 3rd party applications.
The order was booked in WEGENER's third quarter of fiscal 2006.
ABOUT AURORAS
Auroras is a customer-focused, end-to-end IPTV service provider dedicated to ensuring that smaller broadband service providers can compete - and win - in the race to offer advanced television entertainment services. By leveraging advanced Edge technologies, the Auroras service platform delivers to its customers all of the tools for the On-Demand world. More information about Auroras can be found at www.auroras.tv.
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, the Company's liquidity position and capital resources, 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 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 and specifically disclaims any obligation to update any forward- looking statements.
WEGENER CONTACTS:
Troy Woodbury - Investor Relations
Melanie Charles - Public Relations
WEGENER
(770) 814-4000
FAX (770) 623-9648
info@wegener.com
AURORAS CONTACTS:
Travis Clark, Auroras Entertainment
Voice: 406-752-6555
Email: tclark@auroras.tv
Web: http://www.auroras.tv/
Source: Wegener Corporation
CONTACT: Troy Woodbury, Investor Relations, or Melanie Charles, Public
Relations, of WEGENER, +1-770-814-4000, or fax, +1-770-623-9648, or
info@wegener.com; or Travis Clark of Auroras Entertainment, +1-406-752-6555,
or tclark@auroras.tv
Web site: http://www.wegener.com/
http://www.auroras.tv/
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