big news WGNR:
Thursday September 23, 6:30 am Eastern Time
Company Press Release
SOURCE: Wegener Corporation
FOX Digital Selects Wegener for
System-wide Upgrade
DULUTH, Ga., Sept. 23 /PRNewswire/ -- Wegener Corporation (Nasdaq: WGNR - news)
announced it has received an order exceeding $6 million from FOX Digital, a unit of FOX
Television. The order consists of UNITY5000 IRD's (Integrated Receiver Decoders) plus
COMPEL Network Control. The UNITY5000 will allow for the delivery of high quality standard
definition and high definition digital video feeds from the FOX Network to its affiliates. These
units will replace the Wegener analog system that has been in use since 1993.
``The time has come for a complete system-wide transition to digital,' said Richard M. Friedel,
Senior Vice President, Engineering and Operations for FOX Digital. ``Wegener's COMPEL
Network Control System remains a key factor that keeps us coming back. Our business depends
on it.'
Ned L. Mountain, Senior Vice President for Wegener Communications states, ``The receivers
incorporate advanced modulation techniques, allowing FOX to transmit significantly more data
on their satellite system than previously thought possible. This feature, coupled with the power of
COMPEL Network Control convinced FOX to place this order in anticipation of a January 2001
cut over to total digital transmission.'
``This is a particularly exciting order for our company,' adds Wegener Communications
President, Keith N. Smith. ``FOX is a demanding customer that will fully utilize the innovative
features of the new UNITY5000 series receivers.'
Wegener Communications is an international provider of digital solutions for IP data, video and
audio networks. Applications include IP data delivery, broadcast television, cable television,
radio networks, business television, distance education, business music, satellite paging and
financial information distribution. COMPEL, Wegener's patented network control system
provides networks with unparalleled ability to regionalize programming and commercials
through total receiver control. COMPEL network control capability is integrated into Wegener
digital satellite receivers. Wegener Communications can be reached at +1.770.814.4000 or on
the World Wide Web at www.wegener.com.
COMPEL, ENVOY, UNITY and UNITY*IP are trademarks of Wegener Communications, Inc.
All Rights Reserved.
Certain of the above statements regarding Wegener constitute forward- looking statements, which
may involve risks and uncertainties. A variety of factors could cause the Company's actual results
to differ from the anticipated results expressed in such forward-looking statements.
SOURCE: Wegener Corporation |
