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Nielsen Orders Wegener Encoder

Nielsen Media Research placed an order for Wegener’s SpoTTrac Encoder.

The vendor said its SpoTTrac Encoder “addresses the industry's need for improved broadcast-verification and commercial-tracking services.”

The product is a turnkey workstation that will encode audio and video of television commercials, public-service announcements and other spots with Nielsen content-identification information as they are being produced and distributed, Wegener added.

Terms of the order were not disclosed.

In other Wegener news, the company posted revenue of $6.6 million in its fiscal third quarter ended June 2, up from $4.3 million in the year-ago period.

Net earnings were $138,000, or $0.01 per share, versus a net loss of $620,000 ($0.05) in the prior-year quarter.

“We still expect to ship our first IPTV set-top boxes to customers for revenue by the end of our fourth quarter,” Wegener chairman and CEO Robert Placek said in a prepared statement. “This opens Wegener for growth within new markets and new customers, such as the telecom market.”