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Wegener Receives Significant Order for Network Radio Receiver
  • USA - English


News provided by

Wegener Corporation

Jul 09, 2015, 13:00 ET

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Johns Creek, Georgia (PRWEB) July 09, 2015 -- Wegener Corporation (OTC Pink: WGNR), a provider of equipment for digital signage, television, and broadcast radio, today announced that it has received a significant order for their iPump 8640 Professional Audio Server. The order was received from a major U.S. broadcast radio network that has deployed multiple generations of WEGENER’s radio products to thousands of its affiliates over two decades.

The iPump 8640 Professional Audio Server is the next generation, store-forward radio network receiver produced by WEGENER. It is an advanced radio network platform providing four independent radio channels of audio, relay closures, and Program Associated Data. It has many advanced features including Show Shifting, Time Zone Delay, Microcasting (TM), and On Air Signal Verification (OASV). OASV provides extremely accurate verification of audio (commercial) playback over integrated AM/FM tuners.

“We are extremely pleased at the acceptance of this newest addition to our radio network product line. We believe there will be future follow-on orders as older units in the network are replaced,” stated Troy Woodbury, President and CEO of Wegener Corporation. “This broadcaster has proven to be a solid partner though the years and we are proud to continue our valued relationship.”

ABOUT WEGENER

WEGENER® (Wegener Communications, Inc.), a wholly-owned subsidiary of Wegener Corporation (OTC Pink: WGNR), is a provider of equipment for digital signage, television, and broadcast radio. With over 30 years of experience in optimizing point-to-multipoint multimedia distribution over satellite, fiber, and IP networks, WEGENER offers a comprehensive product line that handles the scheduling, management and delivery of media rich content to multiple devices, including video screens, computers and audio devices. WEGENER focuses on long- and short-term strategies for bandwidth savings, dynamic advertising, live events and affiliate management.

WEGENER’s product line includes: iPump® media servers for file-based and live broadcasts; COMPEL® Network Control and COMPEL® Conditional Access for dynamic command, monitoring and addressing of multi-site video, audio, and data networks; and the Unity® satellite media receivers for live radio and video broadcasts. Applications served include: digital signage, linear and file-based TV distribution, linear and file-based radio distribution, Nielsen rating information, broadcast news distribution, business music distribution, corporate communications, video and audio simulcasts.

WEGENER® can be reached at (770) 814-4000 or at http://www.wegener.com.

WEGENER, COMPEL, COMPEL CONTROL, iPUMP, UNITY, the stylized W-design logo (for WEGENER®), and the stylized C-design logo (for Compel®) are all registered trademarks of WEGENER®. 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 2015 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 reports, including the Company’s most recent Annual Report. 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 any obligation to update any forward-looking statements.

Ken Leffingwell, Wegener Corporation, http://www.wegener.com, +1 770-814-4040, [email protected]

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