WEGENER and Hyundai IT America Corp. Team Up for Digital Signage Expo
(Marketwire Via Acquire Media NewsEdge) JOHNS CREEK, GA -- (Marketwire) -- 02/11/13 --
Wegener Corporation (PINKSHEETS: WGNR), a leading provider of equipment for digital signage, television, audio, and data distribution networks worldwide, today announced that Wegener signage players will be on display in the Hyundai booth at the Digital Signage Expo in Las Vegas February 27 & 28. Separate from the Hyundai booth Wegener will have a conference room where meetings are being scheduled.
In the Hyundai IT booth, Wegener will be demonstrating its digital signage products in conjunction with Hyundai's commercial displays. The digital signage system, based on Wegener's iPump 526 Media Players, will be used to allow visitors to the booth to view rich content and learn more about the companies' various offerings. The 500 series iPump product line is capable of both IP and satellite based media distribution and is deployed throughout the world. All Wegener products are managed and controlled by Wegener's Emmy award winning control technology.
Separately, in Wegener's private conference room and in conjunction with Hyundai's free standing touch screen display, Wegener will be demonstrating its first interactive digital signage product and audience measurement system.
"We are excited to be partnering with Hyundai for this year's DSE," stated Troy Woodbury, President and CEO of Wegener Corporation. "Teaming with such a prominent industry player is a great honor and underscores Wegener's emergence as a digital signage system provider."
ABOUT Hyundai IT Corp.
Hyundai IT Corp. is a leading manufacturer in the digital display industry. Our incessant business growth in 20 years history is from a strong foundation of a robust global sales channel infrastructure of 300 (Korea) local authorized dealers and worldwide sales operation in Europe, USA, and Japan.
WEGENER® (Wegener Communications, Inc.), a wholly-owned subsidiary of Wegener Corporation (PINKSHEETS: WGNR), is an international provider of digital video and audio solutions for broadcast television, radio, telco, private and cable networks. With over 30 years of experience in optimizing point-to-multipoint multimedia distribution over satellite, fiber, and IP networks, WEGENER offers a comprehensive product line that handles the scheduling, management and delivery of media rich content to multiple devices, including video screens, computers and audio devices. WEGENER focuses on long- and short-term strategies for bandwidth savings, dynamic advertising, live events and affiliate management.
WEGENER's product line includes: iPump® media servers for file-based and live broadcasts; COMPEL® Network Control and COMPEL® Conditional Access for dynamic command, monitoring and addressing of multi-site video, audio, and data networks; and the Unity® satellite media receivers for live radio and video broadcasts. Applications served include: digital signage, linear and file-based TV distribution, linear and file-based radio distribution, Nielsen rating information, broadcast news distribution, business music distribution, corporate communications, video and audio simulcasts.
WEGENER® can be reached at (770) 814-4000 or at www.wegener.com.
WEGENER, COMPEL, COMPEL CONTROL, iPUMP, MEDIAPLAN, UNITY, ASSURED FILE DELIVERY, PROSWITCH, VIDATA, the stylized W-design logo (for WEGENER®), and the stylized C-design logo (for Compel®) are all registered 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 2013 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 reports. 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.
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