Cyviz AS

Cyviz AS Signs Frame Agreement with Central Electricity Company in Saudi Arabia

18.4.2024 09:30:01 CEST | Cyviz | Non-regulatory press releases

Cyviz AS announces a significant frame agreement with a central electricity

company in Saudi Arabia.

Following their strategic partnership, Cyviz signs a 24-month purchase frame

agreement to standardize Board Room and Meeting Room spaces with their

technology. The first order under this agreement has a contract value of USD 2.2

million.

"The client is one of Cyviz' earliest customers in Saudi Arabia, and the

partnership underscores our commitment to delivering high-tech solutions to

empower collaboration and innovation. This is an opportunity for us to further

establish our presence as a leader in advanced collaborations within the

region.", says Espen Gylvik, CEO of Cyviz.

The contract includes an optional 24-month purchase agreement. The initial order

comprises 20 meeting rooms. This strategic move follows a successful year of

collaboration with the client.

The project will be installed by the end of Q2 2025.

CONTACTS

* Ellen Kristine Lome, Chief People & Communications Officer, Cyviz AS,

* Espen Gylvik, CEO, Cyviz AS, +4791330644, [email protected]

ABOUT CYVIZ

About Cyviz

Cyviz is a global technology provider for comprehensive conference and control

rooms as well as command and experience centers. Since 1998, we have created

next level collaboration spaces, assuring inclusive meeting experiences for in

person and remote attendance.

Cyviz serves global enterprises and governments with the highest requirements

for usability, security, decision making and quality. The cross-platform

experience Cyviz delivers to manage and control systems and resources across the

enterprise, makes Cyviz the preferred choice for customers with complex needs.

Find out more on www.cyviz.com - http://www.cyviz.com or visit one of our Cyviz

Experience Centers in Atlanta, Benelux, Dubai, Houston, Jakarta, London, Oslo,

Riyadh, Singapore, Stavanger, or Washington DC.

Cyviz is listed on Euronext Growth at the Oslo Stock Exchange (ticker: CYVIZ).

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