Otello Corporation ASA

Report Publication Announcement • May 4, 2020

Presentation of 1Q 2020 results

Presentation of 1Q 2020 results

Otello Corporation ASA (the "Company") is presenting its 1Q 2020 results on

Thursday, May 7, 2020, at 08:00am CET. Due to the ongoing Covid-19 pandemic, the

Company will not invite to a meeting with physical presence. Rather, the results

will be released at 07:00am CET and an live audiocast of the presentation will

be held at 08:00am CET, which will be available at: https://otellocorp.com/ir It

will be possible to raise questions during the audiocast.

Petter Lade, CFO

Phone: +47 91143878

E-mail: petterl@otellocorp.com

About Otello: Otello holds shares in several different businesses, including

(i)AdColony which helps publishers monetize their content through advertising

and advertisers reach the audiences that build value for their businesses,

capitalizing on a global consumer audience reach that exceeds 2 billion; (ii)

Bemobi, a Mobile Media and Entertainment company which integrate people and

mobile content through technology and offers a leading subscription-based

discovery service for mobile apps in Latin America and beyond; (iii) Skyfire

which offers cloud-based network solutions for mobile operators and (iv) Vewd

which offers OTT services in the Connected TV space.