WEGENER Renews Distributor Agreement with Mega Hertz for US Cable Products
WEGENER Renews Distributor Agreement with Mega Hertz for US Cable Products
DULUTH, Ga., Dec. 12 /PRNewswire-FirstCall/ -- Wegener Corporation (NASDAQ:WGNR), a leading provider of television, audio and data distribution networks worldwide, today announced the signing of a new agreement with Mega Hertz granting them exclusive distributor status for WEGENER products sold to US cable operators.
"Since its origination in 1985, the partnership between WEGENER and MHz has been a productive one and we are glad to extend the relationship," stated Steve Grossman, Product Manager of Mega Hertz. "Throughout the years of our partnership we have benefited from WEGENER's commitment to the cable industry to produce high-quality, reliable products. This commitment is reflected in WEGENER's DTV product line which offers excellent digital video processing of local HDTV signals and ASI transport streams."
Mega Hertz is a value-added reseller of unique multi-vendor solutions that support deployment of advanced video technologies over fiber and coax-based broadband and IP networks. Mega Hertz is focused on marketing and integrating multi-vendor solutions to support digital cable operations across the United States.
"As consumer and commercial market forces converge, the demand for and the supply of HD programming continues to rise," stated Ned L. Mountain, COO of WEGENER. "We see great opportunities to sell our digital TV signal processing equipment and Unity 4600 satellite receivers to cable operators through Mega Hertz's established nationwide network of dedicated sales people."
WEGENER offers solutions to receive and multiplex local broadcast TV and cable programming into video headends. For more information about WEGENER's solutions visit the newly launched www.wegener.com website.
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.
ABOUT MEGA HERTZ
Mega Hertz began operation on Sept. 26, 1975, as a manufacturers' representative. Today, as an independent company with 10 offices nationwide, MHz is a value-added reseller (VAR) of unique Multi-Vendor System Solutions (MVSS) that support the deployment of advanced technologies in hybrid fiber/coax broadband/IP networks. MHz is focused on marketing and integrating its MVSS into the all-digital network transition taking place within the U.S. cable television industry. MHz Integrated Services provides engineering, design, project management, training, installation and turn-up, as well as Level 1 product support. More information is available online at www.megahz.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, the Company's liquidity position and capital resources, general market conditions which may not improve during fiscal year 2007 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.
First Call Analyst:
FCMN Contact:
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
Web site: http://www.wegener.com/
http://www.megahz.com/
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