Cyviz AS

Regulatory Filings • Aug 8, 2024

Microsoft Continues to Invest in Cyviz Technology with Orders Worth USD 4.6 Million

Microsoft Continues to Invest in Cyviz Technology with Orders Worth USD 4.6 Million

8.8.2024 09:00:10 CEST | Cyviz | Non-regulatory press releases

Cyviz announces new orders from Microsoft to develop and upgrade Envisioning

Theaters in various global locations. Since June, the company has announced new

orders from Microsoft with a total value of USD 11.2 million.

The new orders include the installation of Microsoft Envisioning Theaters in the

following locations:

* Brussels, Belgium

* Johannesburg, South Africa

* Tel Aviv, Israel

* Seoul, South Korea

* Istanbul, Turkey

Additionally, an upgrade to an existing theater will be carried out at

Microsoft's HQ in Redmond, U.S.

Since 2020, Cyviz has been working with Microsoft to upgrade its portfolio of

Envisioning Theaters. The Envisioning Theaters are located at their global

"Innovation Hubs" (previously Microsoft Technology Centers) and Executive

Briefing Center locations and are the centerpiece of all Microsoft customer

engagements.

"We are pleased that Microsoft continues to invest in our technology. It

confirms the value of the strategic partnership between the parties," says Cyviz

CEO Espen Gylvik.

Experience & Innovation Centers are one of the fastest-growing segments for

Cyviz as companies want to provide their employees and clients with an

immersive, unique, and impactful, virtual destination experience.

The upgrades will start immediately, with all installations and upgrades

expected to be completed by the end of 2025.

CONTACTS

* Ellen Kristine Lome, Chief People & Communications Officer, Cyviz AS,

+4790624524, ellen.lome@cyviz.com

* Espen Gylvik, CEO, Cyviz AS, +4791330644, espen.gylvik@cyviz.com

* Karl Peter Gombrii, CFO, Cyviz, (+47) 92822969, karl.gombrii@cyviz.com

ABOUT CYVIZ

About Cyviz

Cyviz is a global technology provider for comprehensive conference and control

rooms as well as command and experience centers. Since 1998, we have created

next level collaboration spaces, assuring inclusive meeting experiences for in

person and remote attendance.

Cyviz serves global enterprises and governments with the highest requirements

for usability, security, decision making 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.

Find out more on www.cyviz.com - http://www.cyviz.com or visit one of our Cyviz

Experience Centers in Atlanta, Benelux, Dubai, Houston, Jakarta, London, Oslo,

Paris, Riyadh, Singapore, Stavanger, or Washington DC.

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