(November 16, 2004) - DULUTH, Georgia – WEGENER Corporation (Nasdaq: WGNR), a leading provider of television, audio and data distribution network solutions worldwide, today announced its first product designed specifically for the telecommunications industry. WEGENER’s new IP settop box, called the Streaming Media Decoder (SMD) 515, helps phone companies attain the highly desirable “Triple Play” of providing telephone, television and internet services to their subscribers. WEGENER’s SMD 515 Settop supports standard and high definition television through a DSL high speed internet connection. “High definition television has long been a challenge for telecoms due to its high bandwidth requirements,” stated Ned Mountain, Executive Vice President of WEGENER. “Leveraging recent developments in advanced video compression technology, our SMD 515 Settop allows the telecoms to offer high definition television utilizing their existing bandwidth-limited infrastructure.” “WEGENER is committed to accelerating consumers’ access to high definition television, and our SMD 515 Settop is the next phase of that mission,” stated Kamy Merithew, Vice President, Marketing for WEGENER. “With a variety of video and audio outputs that make it compatible with virtually all consumer televisions and high definition monitors, the SMD 515 will help telecom service providers bring crystal-clear television viewing into consumers’ homes.” WEGENER’s SMD 515 Settop will be introduced at the Telco TV Convention in Orlando, Florida on November 17 and November 18, 2004. Live demonstrations will include: high definition Windows Media 9 advanced video decoding, widescreen format program guide with scaled HD video and IR remote control. ABOUT WEGENER COMMUNICATIONS This news release contains statements which may be forward-looking within the meaning of applicable securities laws, including the Private Securities Litigation Reform Act of 1995. The statements include projections regarding future sales results, expected contributions to revenues and earnings from our established products and our new line of products just reaching the marketplace and market opportunities, and 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 WEGENER digital and analog video and audio transmission product lines, effectiveness of the revitalized sales organization, the successful development and introduction of new products in the future, delays in the conversion by private and broadcast networks to digital broadcast equipment, acceptance of various networks of standards for digital broadcasting, general market conditions which may not improve during fiscal year 2004 and beyond, and success of WEGENER'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 Form 10-K. 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 Company's actual results could differ materially from expected or inferred results. Forward-looking statements speak only as of the date the statement was made. WEGENER Corporation does not undertake and specifically disclaims any obligation to update any forward-looking statements. For further information, please contact:
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