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Technology Stocks : Seac - Seachange New IPO

SEAC 3.350

-4.3%

Oct 22 10:15 AM EST

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To: zoe who wrote (299)	9/23/1999 11:08:00 AM
From: Ron	Read Replies (1) of 431

This good, bad, indifferent for SEAC? 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 onsists 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 ControlSystem remains a key factor that keeps us coming back. Our business depends on it.'

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