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Cyviz AS

Regulatory Filings Nov 10, 2021

3575_rns_2021-11-10_4a90f5a5-c8eb-424e-8d75-f76b3e1932a9.html

Regulatory Filings

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Cyviz AS - NOK 51 million (USD 6 million) deal with Microsoft: - Expanding the partnership

Cyviz AS - NOK 51 million (USD 6 million) deal with Microsoft: - Expanding the partnership

10.11.2021 08:30:01 CET | Cyviz | Non-regulatory press releases

Microsoft will install Cyviz turnkey solutions powered by the Cyviz Easy

Platform in seven new sites of their Microsoft Technology Centers as part of a

global roll out program

Microsoft has standardized on Cyviz technology for the Envisioning Theaters

located in their global Microsoft Technology Centers and the Redmond Executive

Briefing Center.

The Envisioning Theater is a central point for immersive customer briefings and

demonstrations of Microsoft technology. Specific customer scenarios and

environments are brought to life through content, videos, lighting and sound

control.

Microsoft has Technology Centers with Envisioning Theaters around the world and

Cyviz has previously been awarded 17 locations.

This new deal of the Cyviz Easy Software Platform is for 7 new locations with a

value of NOK 51 million (USD 6 million), bringing the total orders to 24 cities

globally. This represents the next phase of turnkey Cyviz solutions that will be

installed for Microsoft during the first half of 2022 and includes Envisioning

Theaters in Washington DC, Dallas, Detroit, Denver, Chicago, St. Louis and

Irvine.

"These new orders are a result of the unique strategic collaboration Cyviz has

with Microsoft where we engage on all levels be it regionally, nationally or

internationally", says CEO Espen Gylvik of Cyviz.

Microsoft and Cyviz Partnering for Digital Transformation

The Microsoft Technology Centers are collaborative environments that provide

access to the latest innovative technologies, enabling Microsoft customers and

partners to envision, design, and experience products. Microsoft and Cyviz

worked together on a next-generation digital transformation of the Envisioning

Theaters and to develop a new global standard based on the Cyviz Easy Software

Platform.

"More than USD 20 million"

"Cyviz will be the single provider of the entire room solution, which shows the

quality of the Cyviz solutions. Including this last order, Microsoft has placed

orders for more than USD 20 million so far this year. There is more to come the

next few years", says Gylvik.

At the heart of the Microsoft Envisioning Theaters is the Cyviz Easy Platform -

https://www.cyviz.com/products/easyplatform/ which delivers the immersive

experience goals by enabling control of content and theater audio systems

directly from an intuitive touch panel. Digital scenes are set using a global

digital signage repository or live sources from the theaters and saved as a

pre-set room environment. Multiple sources can be shown in each scene.

This digital transformation of the technology centers allows Microsoft to use

one global content repository yet share the same feature rich, engaging story

across all their Microsoft Technology Centers locations.

The Cyviz Easy Platform is a standardized, configurable, and upgradeable

platform for control and management of collaboration spaces and meeting rooms.

DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act.

CONTACTS

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

ABOUT CYVIZ

Cyviz is a global technology provider for standardized conference rooms, control

rooms and experience centers. Since 1998, Cyviz has empowered the digital

workforce to connect, visualize, and collaborate on their critical data. The

IT-driven turnkey solutions are easy to deploy, manage and support. Cyviz serves

global enterprises and governments with the highest requirements for usability,

security and quality, that engage people, encourage collaboration, and

accelerate decision-making.

cyviz.com - https://www.cyviz.com

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