WEGENER's SMD-515 IPTV set top boxes to support premium IPTV services, such as HD programming, video on demand and integrated personal video recording (PVR)
DULUTH, Ga., March 18 /PRNewswire-FirstCall/ -- Wegener Corporation (NASDAQ:WGNR), a leading provider of equipment for television, audio and data distribution networks worldwide, today announced receipt of an order totaling over $1.6 million from Conklin-Intracom for SMD 515 IPTV set top boxes to support the IPTV offerings of multiple telco operators.
This order includes a combination of WEGENER's SMD-515 set tops and remote controls for premium IPTV services, including: HD programming, video on demand and integrated personal video recording (PVR). WEGENER's SMD-515 IPTV set top supports MPEG-4/h.264 and MPEG-2 decoding in standard definition and high definition video formats with optional digital video recording capability.
WEGENER SMD-515 SD/HD/PVR MPEG-2/MPEG-4 set top boxes, as a part of Conklin-Intracom's fs|cdn(R) integrated middleware and conditional access IPTV solution, are in commercial deployment by telcos and operators in the US and internationally. fs|cdn leverages the interactive capabilities of next generation communications networks to enable IPTV services and cutting-edge on-screen applications employing a unique architecture, combining middleware and conditional access, to enable operators cost-efficient scaling from 100 to 100,000 end-users.
"Given Conklin-Intracom's expanding domestic and international client list for premium video services, we're very enthusiastic about the future prospects for our relationship," stated Ned L. Mountain, President and COO of WEGENER. "It's extremely rewarding to see our optimized IPTV set top box leveraged as an exceptional, reliable platform from which telcos can build revenue- generating IP video services." David Hunt, VP fs|cdn Americas, states, "Our ongoing partnership with Wegener continues to produce fruitful results. They have produced a solid solution to meet the high demand for an MPEG-2/MPEG-4 SD/HD PVR set top box among our customers. We are very pleased with this outcome and continue to expect great things from this relationship." Conklin-Intracom's order was received during WEGENER's current second quarter of fiscal 2008 and is valued at $1.6 million. Shipments are scheduled for delivery during WEGENER'S third and fourth quarters of fiscal 2008.
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 http://www.wegener.com/ .
WEGENER, COMPEL, COMPEL CONTROL, iPUMP, MEDIAPLAN, UNITY, ASSURED FILE DELIVERY, PANDA, PROSWITCH, VIDATA, the stylized W-design logo (for WEGENER), the stylized C-design logo (for Compel) and the stylized PANDA design logo are all registered trademarks of WEGENER(R). All Rights Reserved.
ABOUT CONKLIN-INTRACOM Conklin-Intracom, in business since 1957 and a member of the INTRACOM TELECOM group of companies since 2000, addresses the service provider customer base with innovative products and services including its fs|cdn IPTV & content delivery solution, and a full range of IPTV integration, implementation and development solutions.
ABOUT fs|cdn(TM) - INTELLIGENT PERSONAL TV fs|cdn is an integrated IPTV middleware and conditional access solution allowing service providers to deliver linear and on-demand TV, chat, email, messaging and next generation interactive services.
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 2008 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 any obligation to update any forward-looking statements. DATASOURCE: Wegener Corporation CONTACT: Media: Robin Hoffman, Pipeline Communications, +1-973-746-6970, ; or Christina Wright, Conklin-Intracom, +1-770-295-2535, , both for Wegener Corporation; or Investor Relations, Troy Woodbury, +1-770-814-4000, Fax, +1-770-623-9648, , of Wegener Corporation Web site: http://www.wegener.com/
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