Article: Wegener Corporation Updates Status of Sencore LOI and Bank Financing.

Exclusivity period in LOI between Wegener Corporation and Sencore expires, Wegener Corporation terminates LOI with Sencore, WEGENER loan agreement term extended and conditional over advance provision included

DULUTH, Ga., Sept. 17 /PRNewswire-FirstCall/ -- Wegener Corporation today announces that the exclusivity period in its Letter of Intent (LOI) with Sencore, Inc. expired on September 13, 2009 and that Wegener Corporation has terminated the Letter of Intent. Additionally, WEGENER announces that an amendment has been added to its loan agreement with its Senior Lender.

The exclusivity period set forth in the non-binding Letter of Intent between ...

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