WEGENER REPORTS RESULTS FOR FOURTH QUARTER AND FISCAL YEAR 2004

(December 2, 2004) - DULUTH, Georgia – WEGENER® Corporation (Nasdaq: WGNR) a leading provider of distribution solutions for television, audio and data networks worldwide, today announced financial results for the fourth quarter and the fiscal year ended September 3, 2004.

Fourth quarter revenues were $3.9 million and the Company incurred a net loss of $(647,000), or $(0.05) per share. Revenues for the fourth quarter of fiscal 2003 were $4.7 million, with net earnings of $218,000, or $0.02 per share. WEGENER’s eighteen month backlog on September 3, 2004 was $12.0 million. Total backlog at year-end was $21.0 million.

Revenues for fiscal 2004 were $18.1 million, with a net loss of $(2.1 million) or $(0.17) per share, compared to revenues of $20.1 million and net earnings of $88,000 or less than $0.01 per share for fiscal 2003.

“Though operating results in 2004 were disappointing, we have reason to be optimistic about fiscal year 2005,” stated Robert A. Placek, President and CEO of WEGENER. “We prepared a rigorous strategic and operational plan for this new fiscal year. It is anticipated that revenues and operating performance for the first quarter of fiscal 2005 will increase substantially compared to the fourth quarter of fiscal 2004. We are focused on our customers and market opportunities, and although order visibility is limited, WEGENER is well positioned to increase revenues and return to profitability in fiscal 2005. iPump continues to be a primary focus for growth in our markets.

“Our recent fiscal 2004 fourth quarter order from a radio broadcast network for the iPump Solution is further indication that customers are ready to upgrade their networks by integrating our new technology. The iPump Solution allows audio and video broadcasters to regionalize their networks and provide their customers a more customized experience.”

“Additionally, the recent 9.6 million dollar first quarter fiscal 2005 order for business music equipment extends and amends our existing multi-year contract into fiscal year 2009. This new order extends the stable revenue stream we realize from that contract,” concluded Mr. Placek.

At last month’s TelcoTV 2004 Conference and Convention, WEGENER announced the SMD 515 Streaming Media Decoder Settop for the telecom market. The SMD 515 Settop enables phone companies to distribute high definition television to existing DSL consumers.

ABOUT WEGENER COMMUNICATIONS
WEGENER 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, MEDIAPLAN, ENVOY, UNITY, and iPUMP are trademarks of WEGENER Communications, Inc. 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, general market conditions which may not improve during fiscal year 2005 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 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 and specifically disclaims any obligation to update any forward-looking statements.