EVS Broadcast Equipment strikes major deal with NEP to upgrade their US production activities
Publication on August 23 2019, 06:00 P.M. CET
Regulated information – Privileged information
EVS Broadcast Equipment S.A.: Euronext Brussels (EVS.BR), Bloomberg (EVS BB), Reuters (EVSB.BR)
EVS STRIKES MAJOR DEAL WITH NEP TO UPGRADE THEIR US PRODUCTION ACTIVITIES
EVS Broadcast Equipment, the leading provider of live production solutions, today announces that NEP is investing over $8m to deploy the next generation EVS live video production server as part of their US inventory.
Liège, Belgium, August 23, 2019 EVS, the leading provider of live production solutions, has been selected by NEP, an international production company serving live broadcasting throughout the world, to deliver a major upgrade and upscale of their production facilities.
The deal represents the acquisition of EVS’ XT-VIA next-generation live production servers, as well as the deployment of LSM replay controllers, IPDirector content management solutions and other infrastructure systems.
All new systems will be installed in mobile trucks facilities operating across the US market starting from September 2019 till early 2020.
EVS’ XT-VIA live video production server offers the utmost level of power for live TV operations, comprising the latest generation of technology such IP connectivity, enhanced channel density and media sharing network capacity, as well as enabling new production formats such as Full HD and UHD4K HDR.
Dr. Pierre De Muelenaere, Chairman of the Board and CEO ad interim, commented: “This important deal with NEP confirms EVS’ commitment to support its long-term customers in a transforming broadcast market. With this major upgrade, EVS’ XT-VIA servers are expected to become the standard in live production, providing other key players in the industry with access to the very best production technologies available.”
For more information, please contact:
Yvan ABSIL, CFO
Pierre SOLEIL, Corporate Communication & Investor Relations manager
EVS Broadcast Equipment S.A., Liege Science Park, 13 rue du Bois Saint-Jean, B-4102 Seraing, Belgium
Tel: +32 4 361 70 13. E-mail:firstname.lastname@example.org; www.evs.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's management and 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.
EVS is globally recognized as the leader in live video technology for broadcast and new media productions. Our passion and purpose are to help our clients craft immersive stories that trigger the best return on emotion. Through a wide range of products and solutions, we deliver the most gripping live sports images, buzzing entertainment shows and breaking news content to billions of viewers every day – and in real-time.
The company is headquartered in Belgium with offices in Europe, the Middle East, Asia and North America, and provides sales and technical support to more than 100 countries. EVS is a public company traded on Euronext Brussels: EVS, ISIN: BE0003820371.
For more information, please visit www.evs.com.
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