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WEGENER PROVIDES MUZAK DIGITAL AUDIO RECEIVERS
* Order in Excess of 1 Million Dollars * DULUTH, Ga., July 14, 1997 -- Wegener Corporation (Nasdaq: WGNR), a market leader in analog and digital compression technology, announced it has received an order from Muzak Inc., based in Seattle, WA, for Wegener's Digital Audio Satellite receivers. Wegener said that it will begin shipping this order, valued in excess of $1 million, at once. The Company said that these shipments are expected to continue over the next 12 months. "Wegener Communications, Inc., a subsidiary of Wegener Corporation, continues to provide Muzak with both cost effective and advanced digital solutions," stated Muzak DBS General Manager, David Moore. "These digital audio receivers give Muzak digital audio quality -- combined with the powerful network control capabilities that Muzak has long enjoyed from Wegener products." Commenting on the order, Robert A. Placek, President and CEO of Wegener Corporation stated, "This order represents a further continuation of a valued, long-term relationship for our Company and the confidence that Muzak has placed in Wegener products." Wegener Corporation, based in Duluth, Georgia, through its wholly owned subsidiaries, is a market leader in analog and digital compression technology, designs and manufactures communications transmission and receiving equipment for the business broadcast, data communications, cable and broadcast radio and television industries for worldwide markets. For further information: Keith N. Smith Vice President, Business Development Wegener Communications 770-814-4000 Email: info@wegener.com World Wide Web: www.wegener.com This news release contains statements which may be forward-looking within the meaning of applicable securities laws. The statements may include projections regarding future earnings results, and are based upon the Company's current expectations and assumptions, which are subject to a number of risks and uncertainties. Factors that could cause actual results to differ are discussed in the Company's most recently filed Forms 10-K and 10-Q.. |
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voice 770 814-4000 fax 770 623-0698 email: info@wegener.com |
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©1999 Wegener Communications |
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