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WEGENER Receives $1.6 million order from Conklin-Intracom for IPTV
Equipment
Other Topics: IPTV
Social Networking, IPTV
Transcoding,
Google WiMAX deal with Sprint and Clearwire
Wegener Corporation
March 22, 2008
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 -- 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.
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WEGENER SMD-515 SD/HD/PVR
MPEG-2/MPEG-4 set top boxes, as a part of Conklin-Intracom's fs|cdn®
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 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®. 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™ - 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. |
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