Net Insight

Earnings Release • Jun 25, 2024

Net Insight wins large software order

Stockholm, Sweden – Net Insight has received an order from one of its largest media customers in the US market for their purchase of perpetual software licenses. The order value is about SEK 30 million (USD 2.8 million) to be recognized in the second quarter 2024.

The software will be used on Net Insight hardware that has already been delivered in previous quarters.

For further information, please contact:

Crister Fritzson, CEO of Net Insight, +46 (0) 8-685 04 00, ir@netinsight.net

About Net Insight

Net Insight (Nasdaq: NETI B) provides the highest performing, most open video transport and media cloud technology for content providers as the industry standard for flexibility and service across live contribution, distribution and remote production media workflows.

For over 25 years, the world's leading content owners, broadcasters, production companies, service providers and enterprises have trusted Net Insight's Emmy® Award winning Nimbra technology to guarantee media delivery. Today, Net Insight partners with hundreds of customers in over 70 countries to ensure media flows across managed and unmanaged IP networks, and the cloud – from anywhere, to everywhere. It enables customers to get the best from any mix of virtualized, cloud and IP technology and is the only platform to support all the major industry standards, protocols and clouds.

For more information, please visit netinsight.net

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This information is information that Net Insight is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2024-06-25 18:50 CEST.

Net Insight wins large software order