Regulatory Filings • Sep 1, 2022
Regulatory Filings
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Awarded strategic contract with global technology company to embed Pexip technology
Oslo, September 1, 2022: Pexip Holding ASA ("Pexip") has secured a significant contract with a leading global technology company.
Pexip will provide software that will be embedded into the partner’s product in order to extend the functionality of this. Pexip was selected for its leading interoperability capabilities, and the ability to provide a customizable software platform.
“This contract is underpinning the uniqueness of our technology and its relevance in today’s video enabled world”, says Trond K Johannessen, CEO of Pexip.
The contract is a multi-year Enterprise Agreement with the annual revenue from the contract starting at approx. USD 1.4 million.
For further information, please contact:
Øystein Hem, CFO
+47 992 34 596
About Pexip | pexip.com
Pexip simplifies complex videoconferencing to empower organizations with face-to-face collaboration, no matter the location or technology. Our scalable platform enables high-quality video meetings, with enterprise-grade security, and is easily adapted to fit customers' IT requirements and existing infrastructure. This makes Pexip the leading provider for large enterprises and public sector organizations. The solution is sold through 300 channel partners in 75 countries and used in more than 190 countries. Pexip was listed on the Oslo Børs in May 2020.
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