Teracom Partners with WEGENER to Provide Digital Signage Solutions
Teracom Partners with WEGENER to Provide Digital Signage Solutions
DULUTH, Ga., June 7 /PRNewswire-FirstCall/ -- Wegener Corporation (NASDAQ:WGNR), a leading provider of products for television, audio and data distribution networks worldwide, today announced Teracom has selected WEGENER technology to support digital signage solutions for its clients.
Teracom offers a robust menu of media distribution solutions to customers in Sweden and is in the process of expanding its service offerings. Utilizing WEGENER's iPump(R) Media Servers and COMPEL(R) Network Control, Teracom is currently operating two pilots that optimize end-to-end management and distribution of video and data to a client operating retail gaming establishments. The colorful digital signage displays replace paper posters updated several times a day by the staff at each location. One of the pilots also includes touch screens that provide low cost customer terminal features making use of local interactivity that is offered by the iPump Media Servers.
"Digital signage is a powerful emerging application that allows our clients to control the visual environment in their retail stores to provide a consistent and enjoyable user experience," stated Maria Berggren, Product Manager of Teracom. "Our satellite-based solution offers cutting-edge flexibility to provide simultaneous download of customized video and signage data to an unlimited number of locations. The system allows for multiple monitors per store and can be operated with or without a return path. Therefore the maintenance and startup costs involved in point-to-point high- speed internet connections can be avoided."
The WEGENER iPump 622 Media Server is used to receive, store and serve subscription based data to multiple devices within each store enabling the display of differentiated content. COMPEL Network Control and MediaPlan Content Management systems ensure the right digital content and linear video feeds are delivered to right locations at the right time.
"WEGENER's optimized media distribution solutions increase opportunities for launching revenue generating services," stated Robert Placek, CEO of Wegener Corporation. "With COMPEL(R), Teracom can service multiple customers from a single network control console. This provides significant cost and labor efficiencies for their business and enhances their capabilities to provide a rapid launch for new customers."
The WEGENER products began shipping for revenue in the third fiscal quarter, which ended June 2, 2006.
ABOUT TERACOM
Teracom is Sweden's first media operator, offering various communications channels for radio, TV, Internet and downloading of audio and video. Their aim is to ensure that people have access to a diversity of media services, irrespective of time or place. The Group also includes subsidiaries that offer supplementary services and products. The Teracom Group has annual sales of about SEK 2.7 billion, with some 650 employees. More information about Teracom is provided at www.teracom.se.
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.
Source: Wegener Corporation
CONTACT: Troy Woodbury - Investor Relations, or Melanie Charles - Public
Relations, of Wegener Corporation, +1-770-814-4000, or fax, +1-770-623-9648,
or info@wegener.com; or Maria Berggren, Product Manager of Teracom AB,
+ 46 708 78 81 88, or maria.berggren@teracom.se
Web site: http://www.wegener.com/
http://www.teracom.se/
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