Cyviz AS

Earnings Release • May 13, 2022

Q1 2022: Continuous growth with an all-time-high order intake of NOK 120.7m

Q1 2022: Continuous growth with an all-time-high order intake of NOK 120.7m

13.5.2022 07:00:01 CEST | Cyviz | Half yearly financial reports and audit

reports / limited reviews

Cyviz AS, a leading global technology provider for standardized conference

rooms, control rooms and experience centers, today publishes its financial

results for the first quarter of 2022, with an order intake growth of 37% and an

all-time-high backlog of NOK 219m.

"Our business continues to grow faster than expected. This is related to both

market growth and the effect of the organizational ramp up done in 2021. Return

to the office place and the advent of hybrid workplaces continues to drive

demand, as the workplace becomes a destination to support hybrid collaboration.

We expect this growth trend to continue throughout 2022 and beyond", says CEO

Espen Gylvik at Cyviz.

Highlights Q1 2022

* Order intake growth of 37% compared to Q1 2021. Ending at NOK 120.7m (NOK 88m

in Q1 2021), this represents an all-time-high in any given quarter for Cyviz

* Revenues of NOK 69.5m representing an increase of 22% compared to Q1 2021

* Gross profit of NOK 29.4m representing an increase of 18% compared to Q1 2021

* Awarded several prestigious contracts in Europe and the US with global

Fortune 500 company for creating state-of-the-art experience centers,

innovation hub and meeting rooms (total worth of NOK 44m)

* Signed several deals in Europe, Middle East and North America within the

government and defense segment to deliver mission-critical command and

control rooms (total worth of NOK 34m)

* During the quarter, we also entered into two new strategic partnership

agreements:

* Worksphere as part of our new market establishment in the Benelux region

* DMS, a global service provider, to expand our offerings towards Fortune

500-accounts across all our regions

Cyviz AS is presenting its Q1 2022 report and presentation on Friday 13 May at

09:00 (CET) and hereby invites investors, analysts, and other stakeholders to a

live webcast.

Link to the webcast:

https://channel.royalcast.com/ -

https://eur03.safelinks.protection.outlook.com/?url=https%3A%2F%2Fchannel.royalc

ast.com%2Flandingpage%2Fhegnarmedia%2F20220513_9%2F&data=05%7C01%7CEllen.Lome%40

cyviz.com%7C51b5f08c430943b901fe08da32775b9e%7C75f40770eacf47dc82c79a4633c87f6f%

7C0%7C0%7C637877785459839223%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjo

iV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=54Ftpf6ogXeJsayiW%

2FD9GXfR89Im%2BMcK56OrshLejH8%3D&reserved=0

The report, presentation and link to the recorded webcast will be made available

at: www.cyviz.com/investor-relations/ -

https://eur03.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.cyviz.com%2

Finvestor-relations&data=05%7C01%7CEllen.Lome%40cyviz.com%7C51b5f08c430943b901fe

08da32775b9e%7C75f40770eacf47dc82c79a4633c87f6f%7C0%7C0%7C637877785459839223%7CU

nknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI

6Mn0%3D%7C3000%7C%7C%7C&sdata=lN5Vnfw25CgzntN056hQntGSDaZNU8GSgzNngXA12q8%3D&res

erved=0

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, espen.gylvik@cyviz.com

* Marius Skagen, CFO & Investor Relations, Cyviz AS, +47 986 44 846,

marius.skagen@cyviz.com

ABOUT CYVIZ

Cyviz is a global technology provider for comprehensive conference and control

rooms as well as command and experience centers. Since 1998, Cyviz has

simplified the way the digital workforce connect, visualize, and collaborate

across technologies and critical data. The IT-driven turnkey solutions are easy

to deploy, manage and support. Today, Cyviz serves global enterprises and

governments with the highest requirements for usability, security 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.

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

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

ATTACHMENTS

Cyviz Q1 2022 presentation.pdf -

https://kommunikasjon.ntb.no/ir-files/17847582/1446/1968/Cyviz%20Q1%202022%20pre

sentation.pdf

Cyviz Q1 report 2022.pdf -

https://kommunikasjon.ntb.no/ir-files/17847582/1446/1970/Cyviz%20Q1%20report%202

022.pdf