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EVS Broadcast Equipment SA — Earnings Release 2011
Nov 22, 2011
3947_iss_2011-11-22_b075f17c-a82f-4482-90f7-e9028f537f64.pdf
Earnings Release
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EVS BROADCAST ANNOUNCES MAJOR STUDIO DEAL IN EASTERN EUROPE
Liège, Belgium, November 22, 2011, EVS (Euronext Brussels: EVS.BR, Bloomberg: EVS BB, Reuters: EVSB.BR), the leading manufacturer of live broadcast and media production systems, today announces a major deal in Eastern Europe for the delivery of a large sport news solution.
This studio project is worth approximately EUR 5 million, and should be delivered in the course of 2012. This confirms a strong start for 2012, as it comes in addition of the record order book of EUR 13.0 million (announced on last November 10), and also on top of the third tranche of the order of 12 OB vans for Russia (also worth around EUR 5 million, not yet included in the order book). Eastern Europe confirms its high potential for the EVS solutions.
For more information, please contact:
Jacques GALLOY, Director & CFO
Geoffroy d'OULTREMONT, Investor Relations & Corporate Communications Manager EVS Broadcast Equipment S.A., Liege Science Park, 16 rue du Bois Saint-Jean, B-4102 Searing (Liège), Belgium Tel: +32 4 361 70 14 – Fax: + 32 4 361 70 89 - E-mail: [email protected]; www.evs-global.com
Forward Looking Statements
This press release contains forward-looking statements with respect to the business, financial condition, and results of operations of EVS and its affiliates. These statements are based on the current expectations or beliefs of EVS' management are subject to a number of risks and uncertainties that could cause actual results or performance of the Company to differ materially from those contemplated in such forward-looking statements. These risks and uncertainties relate to changes in technology and market requirements, the company's concentration on one industry, decline in demand for the company's products and those of its affiliates, inability to timely develop and introduce new technologies, products and applications, and loss of market share and pressure on pricing resulting from competition which could cause the actual results or performance of the company to differ materially from those contemplated in such forward-looking statements. EVS undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
About EVS Group
EVS Broadcast Equipment designs leading broadcast and media production systems for sports, news and TV entertainment. Its innovative Live Slow Motion system revolutionized live broadcasting, and its reliable and integrative tapeless solutions are now widely used for non-linear editing and 3D HD productions across the globe. The company's dedicated hardware and software suite offer a complete production platform: live slow motion (LSM), high speed slow motion, replay only, clips generation, quick clips editing, real-time SD/HD video files transfer, time delay, multi-camera recording, metadata association, graphics storage and play-out, digital transmission, multi-format ingest and play-back, audio record & edit, webcasting, mobile phone clipping. Main software applications like the "IP Director®" are running on the dedicated robust and flexible hardware the "XT3® Platform". The world's leading broadcasters, such as NBC, BSkyB, FOX, RTBF, RTL, NHK, CANAL+, ABC, ESPN, TF1, CCTV, PBS, CBS, BBC, ZDF, Channel One, Channel7, RAI, TVE, NEP, MEDIAPRO, EUROMEDIA, BEXEL, ALFACAM and many others use EVS' solutions.
The company is headquartered in Belgium and has offices in Europe, the Middle East, Asia and North America. Approximately 400 EVS professionals from 20 offices are selling its branded products in over 100 countries, and provides customer support globally. EVS is a public company traded on Euronext Brussels: EVS, ISIN: BE0003820371. For more information, refer to www.evs-global.com, www.evs.tv
XDC, of which EVS owns 41.3%, is the European leader for Digital Cinema technology and services in Europe with more than 4,900 committed digital screens in Europe, out of which 2,000 have already been deployed. www.xdcinema.com