Fox Cable Network
Groups Continue Growth With Wegener UNITY NASCAR Drives Demand
Wegener technology to supply Fox programming to new
cable affiliates
(May 14, 2001)
DULUTH, Georgia Wegener Corporation (Nasdaq: WGNR), a
leading provider of digital satellite transmission equipment to broadcast
television and cable networks worldwide, announced today that it has
received a significant order from Fox Cable Network Groups for UNITY
4000 series digital receivers. The networks NASCAR television
package, in its initial season, has attracted new cable affiliates nationwide
and the additional technology has been ordered to accommodate delivery
and decoding of programming throughout the Fox broadcast system.
Wegener will ship products for this order during this third quarter
of fiscal year 2001. Upon completion of delivery of this order Wegener
will have shipped more than 10,000 UNITY-series receivers to Fox Cable
Network Groups. With this order Wegeners 18-month backlog stands
at $22.3 million up from $20.7 million on March 2, 2001, an increase
of approximately 8 percent.
The NASCAR television package has achieved significantly improved television
ratings compared to previous racing campaigns. According to independent
industry sources, NASCAR television ratings are currently second only
to NFL football telecasts among major professional sports.
"We are pleased Fox Cable Network Groups has continued its longstanding
relationship with our Company, said Keith N. Smith, president of Wegener
Communications. "The innovation of Wegener engineering has, over
the years, yielded technology solutions that the broad range of our
customers rely on to keep them competitive and on the leading-edge of
satellite and broadcast transmission. We are encouraged, as evidenced
by our expanding backlog for the next 18 months, that market conditions
are beginning to signal improvement. We believe that Wegener is well
positioned with product solutions that not only address technology issues,
but also offer network-wide efficiencies and value to our customers
worldwide."
ABOUT WEGENER COMMUNICATIONS
Wegener Communications is an international provider of digital solutions
for IP data, video and audio networks. Applications include IP data
delivery, broadcast television, cable television, radio networks, business
television, distance education, business music, satellite paging and
financial information distribution. COMPEL, Wegener's patented network
control system, provides networks with unparalleled ability to regionalize
programming and commercials through total receiver control. COMPEL network
control capability is integrated into Wegener digital satellite receivers.
Wegener Communications can be reached at +1.770.814.4000 or on the World
Wide Web at www.wegener.com
COMPEL, ENVOY, UNITY, UNITY-IP, IPUMP and MEDIAPLAN are trademarks of
Wegener Communications, Inc. All Rights Reserved.
This news release contains statements which may be forward looking
within the meaning of applicable securities laws, including the Private
Securities Litigation Reform of 1995. The statements are based upon
the Companys 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 UNITY digital
video products, development of additional business for the Wegener digital
and analog video and audio transmission product lines, effectiveness
of the revitalized international sales organization and the successful
development and introduction of new products in the future. The Company
intends that such forward-looking statements are subject to the safe
harbors created thereby. Since these statements involve risks and uncertainties
and are subject to change at any time, the Companys actual results
could differ materially from expected or inferred results.