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WEGENER Renews $1.8 Million Distributor Agreement with Mega Hertz for U.S. Cable Products
Oct 01, 2007 (08:10 AM EDT)
DULUTH, Ga., Oct. 1 /PRNewswire-FirstCall/ -- Wegener Corporation , a leading provider of television, audio and data distribution networks worldwide, today announced the renewal of a long-standing agreement with Mega Hertz granting them exclusive distributor status for cable industry related WEGENER products sold to US cable operators. Products include WEGENER's series of DTV digital signal processors and Unity 4600 professional satellite receivers.
"For more than two decades now, the partnership between WEGENER and MHz has been a mutually productive one," stated Steve Grossman, Product Manager of Mega Hertz. "WEGENER's commitment to the cable industry to produce high-quality, reliable DTV digital signal processor products makes it possible for us to provide solid HD programming solutions to our clientele. Additionally, WEGENER's off-the-shelf Unity 4600 satellite receiver offers excellent digital video reception of free-to-air programming, as well as WEGENER-encrypted content."
Mega Hertz is a value-added reseller of unique multi-vendor solutions that support deployment of advanced video technologies over fiber and coax-based broadband and IP networks. Mega Hertz is focused on marketing and integrating multi-vendor solutions to support digital cable operations across the United States.
"More and more HD programming is becoming available every month, and the price of HD-ready consumer devices continues to fall," stated Ned L. Mountain, COO of WEGENER. "The stage is set for us to see increased opportunities to sell our digital TV signal processing equipment and satellite receivers to cable operators through Mega Hertz's established nationwide sales network."
ABOUT MEGA HERTZ
Mega Hertz began operation on Sept. 26, 1975, as a manufacturers' representative. Today, as an independent company with 10 offices nationwide, MHz is a value-added reseller (VAR) of unique Multi-Vendor System Solutions (MVSS) that support the deployment of advanced technologies in hybrid fiber/coax broadband/IP networks. MHz is focused on marketing and integrating its MVSS into the all-digital network transition taking place within the U.S. cable television industry. MHz Integrated Services provides engineering, design, project management, training, installation and turn-up, as well as Level 1 product support. More information is available online at www.megahz.com .
WEGENER (Wegener Communications, Inc.), a wholly-owned subsidiary of Wegener Corporation www.wegener.com , 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 .
COMPEL, MEDIAPLAN, ENVOY, UNITY, and iPUMP are 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 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.
CONTACT: Robin Hoffman of Pipeline Communications, +1-973-746-6970, email@example.com; Investor Relations, Troy Woodbury of WEGENER,+1-770-814-4000, (fax) +1-770-623-9648,
Web site: http://www.wegener.com/ http://www.megahz.com/