fredag, februari 25, 2022

Change in Net Insight AB’s nomination committee for AGM 2022

Net Insight

Change in Net Insight AB's nomination committee for AGM 2022

The composition of Net Insight AB's nomination committee ahead of the 2022 annual general meeting has been changed after Martin Wallin, appointed by Lannebo Fonder, has resigned from his position because Lannebo Fonder has reduced its holdings in the company. In accordance with the principles for appointment of the nomination committee that were adopted on AGM 2021, the next largest shareholder in turn, in terms of voting rights, has been asked and has appointed Lars Bergkvist as a new member of the nomination committee.

The nomination committee consists of the following members:
Jan Barchan (Chairman), appointed by Briban Invest AB
Lars Bergkvist, appointed by Johanna Lindner
Lars Gauffin
Gunilla Fransson, Chairman of the Board of Net Insight AB

Shareholders wishing to make proposals to the nomination committee can do so by e-mail, latest by March 13, 2021, to the Chairman of the Nomination Committee Jan Barchan, e-mail: jan.barchan@briban.se

For further information, please contact:
Jan Barchan, Chairman of the Nomination Committee, e-mail as per above, or +46 8 685 04 00

Gunilla Fransson, Chairman of the Board, Net Insight AB, +46 8 685 04 00, gunilla.fransson@netinsight.net

About Net Insight

Net Insight (Nasdaq: NETI B) is defining new ways to deliver media, opening up opportunities for content owners, broadcasters, production companies, service providers and enterprises to produce and deliver the future of live sport, news and online content. The company is driving the transformation to IP, virtualization and cloud workflows and has built the market's most open and cloud-ready media delivery platform for contribution, distribution, live production, and orchestration.

For over 20 years the world's leading media brands have trusted Net Insight and the company is recognized for having set the benchmark for media transport. Now Net Insight is combining its broadcast heritage and R&D expertise with the deep IP knowledge gained from developing its own streaming solution to evolve Nimbra, its Emmy® Award winning video transport solution, for the new media era. With a strong vision for the future of IP and cloud, Net Insight is helping the world's leading media brands to simply and cost-effectively produce and deliver content to viewers anywhere.

For more information, please visit netinsight.net

Twitter: @NetInsight, twitter.com/NetInsight
LinkedIn: @Net Insight, www.linkedin.com/company/net-insight/


onsdag, februari 23, 2022

Net Insight expands partnership with Meinberg to develop powerful time synchronization solutions

Net Insight

Net Insight expands partnership with Meinberg to develop powerful time synchronization solutions

Net Insight's sync solution becomes fully PTP-standard compliant with synchronization module for 5G and other mission-critical networks

Stockholm, Sweden — Net Insight announces a deepened partnership in synchronization with Meinberg, a global leader in time synchronization. Net Insight has worked with Meinberg to enhance the company's unique synchronization solution, Precision TimeNet, with a tighter integration of the standard IEEE1588v2 Precision Time Protocol (PTP) technology and full PTP interoperability and seamless failover from Global Navigation Satellite Systems (GNSS).

The Precision TimeNet solution offers a GNSS-independent delivery of high accuracy timing across any IP vendor network, which can significantly reduce the cost and rollout times of 5G and other mission-critical networks.

As part of the cooperation, Net Insight has selected Meinberg's leading PTP software stack to implement full PTP functionality in all its platforms. During last year, Meinberg also delivered a synchronization module to Net Insight's Nimbra MSR 300 series providing full PTP IEEE1588v2 interoperability and GNSS integration for 5G networks. The new module is part of the Nimbra Time Node, an important component of the Precision TimeNet solution.

Net Insight and Meinberg have previously worked together to bring cutting-edge end-to-end time synchronization solutions to the market and now the cooperation is broadened. Net Insight has selected to license the PTP stack from Oregano Systems, owned by Meinberg, to deliver network synchronization for both media and 5G networks. Meinberg leverages Net Insight's network synchronization capabilities to serve customers across the telecom, fintech, government, and power infrastructure industries. The expansion into a strategic technology partnership means that both companies will utilize their expertise in time synchronization to deploy solutions that remove the challenges of reliable precision timing over any IP networks.

"The shift to IP is accelerating, making precision timing key to the successful deployment of new applications," said Heiko Gerstung, Managing Director of Meinberg. "Net Insight's Precision TimeNet offers a unique solution on the market that we see a strong and growing need for, across multiple industries. We're excited to be working with Net Insight, a leader in mission-critical IP transport, to drive innovation and enable our customers to benefit from GNSS-independent time synchronization."

"Net Insight has been developing time transfer for nearly two decades, delivering industry-leading time accuracy and resilience over IP networks," said Per Lindgren, CTO and co-founder at Net Insight. "When expanding our synchronization business into new markets, integrating with the IEEE 1588 PTP standard was key to enhancing our interoperability. Teaming up with Meinberg, a leader in time and frequency synchronization, was the obvious choice — we're excited that our joint expertise in IP networking and time synchronization will enable us to reinvent precision timing for our customers."

For further information, please contact:

Crister Fritzson, CEO of Net Insight AB, +46 8 685 04 00, crister.fritzson@netinsight.net

About Net Insight

Net Insight (Nasdaq: NETI B) is defining new ways to deliver media, opening up opportunities for content owners, broadcasters, production companies, service providers and enterprises to produce and deliver the future of live sport, news and online content. The company is driving the transformation to IP, virtualization and cloud workflows and has built the market's most open and cloud-ready media delivery platform for contribution, distribution, live production, and orchestration. 

For over 20 years the world's leading media brands have trusted Net Insight and the company is recognized for having set the benchmark for media transport. Now Net Insight is combining its broadcast heritage and R&D expertise with the deep IP knowledge gained from developing its own streaming solution to evolve Nimbra, its Emmy® Award winning video transport solution, for the new media era. With a strong vision for the future of IP and cloud, Net Insight is helping the world's leading media brands to simply and cost-effectively produce and deliver content to viewers anywhere.  
 
For more information, please visit netinsight.net

Twitter: @NetInsight, twitter.com/NetInsight
LinkedIn: @Net Insight, www.linkedin.com/company/net-insight/

Platform Communications for Net Insight:

Nana Rodaki/Leszek Rzesniowiecki
netinsight@platformcomms.com
+44 (0) 745 5515 9523

About Meinberg

Meinberg is home to the world's leading clock synchronization expertise, setting industry benchmarks for innovation, flexibility, and reliability time and again with its leading-edge synchronization solutions. Based in Bad Pyrmont, Germany since its founding, this privately-owned company is among the most established and prominent innovators of the industry with over four decades of experience behind it, developing and manufacturing a range of high-end synchronization technology, including its flagship PTP & NTP time servers, receivers for GPS, GLONASS, Galileo, BeiDou, DCF77, and MSF signals, IRIG & AFNOR time code generators & readers, as well as an array of related accessories such as antennas, converters, and signal distribution systems.

Meinberg serves customers around the globe, delivering secure synchronization for mission-critical applications in the power, broadcasting, telecommunications, aerospace, defense, financial, and cutting-edge research sectors. With the Meinberg family of companies also encompassing our subsidiary Meinberg USA Inc. in Santa Rosa, California and embedded systems specialist Oregano Systems in Vienna, Austria, as well as a robust network of trusted distribution & service partners located in over 40 countries around the world, Meinberg's quality and expertise is never far away.

For more information, please visit www.meinbergglobal.com/


tisdag, februari 22, 2022

Net Insight Year-end Report January – December 2021

Net Insight

Net Insight Year-end Report January – December 2021

Strong close to an eventful year

"The year was characterized by a positive growth trend that continued into the fourth quarter, with revenue up by 19% year-on-year. This was due to the strategic measures we have implemented which have generated strong sales in Europe, as well as the first delivery of synchronization products for Türk Telekom, within the framework of the agreement signed at the end of 2021."

Crister Fritzson, CEO, Net Insight

October – December 2021

  • Net sales amounted to SEK 107.9 (90.6) million, an increase of 19.0% year-on-year. In comparable currencies net sales increased by 17.9%.
  • Operating earnings amounted to SEK 3.3 (-14.4) million, corresponding to an operating margin of 3.0% (-15.9%). Excluding foreign exchange rate differences of SEK -1.6 (-18.0) million, operating earnings were SEK 4.9 (3.5) million.
  • Net income for the period for continuing operations was SEK 2.8 (-11.9) million and for the Group, including discontinued operations, SEK 2.8 (-6.8) million.
  • Earnings per share diluted for the Group was SEK 0.01 (-0.02).
  • Total cash flow for the Group was SEK 15.2 (18.7) million. Excluding the cash impact of the divestment of operations and repurchase of own shares, cash flow was SEK 24.9 (18.7) million.

January – December 2021

  • Net sales amounted to SEK 380.7 (332.1) million, an increase of 14.6% year-on-year. In comparable currencies net sales increased by 19.1%.
  • Operating earnings amounted to SEK 26.8 (-15.3) million, corresponding to an operating margin of 7.0% (-4.6%). Excluding foreign exchange rate differences of SEK 6.6 (-16.0) million, operating earnings were SEK 20.2 (0.7) million.
  • Net income for the period for continuing operations was SEK 23.8 (-14.7) million. Net Income for the Group, including discontinued operations, was SEK -13.1 (237.4) million. This includes capital loss on disposal of discontinued operations of SEK -35.9 (246.4) million.
  • Earnings per share diluted for the Group was SEK -0.03 (0.62).
  • Total cash flow for the Group was SEK 71.0 (232.6) million. Excluding the cash impact of the divestment of operations and repurchase of own shares, cash flow was SEK 34.1 (-69.7) million.

Significant events:

  • Historical agreement in 5G synchronization
  • JPEG XS: Important launch in our IP portfolio

For the complete report, please refer to the attached PDF.

A conference call with web presentation for media and the financial community will take place at 9.30 am CET on February 22, 2022
CEO Crister Fritzson and CFO Joakim Schedvins will present and comment on the report https://financialhearings.com/event/43517 

For further information, please contact:
Crister Fritzson, CEO of Net Insight AB, +46 8 685 04 00, crister.fritzson@netinsight.net

About Net Insight

Net Insight (Nasdaq: NETI B) is defining new ways to deliver media, opening up opportunities for content owners, broadcasters, production companies, service providers and enterprises to produce and deliver the future of live sport, news and online content. The company is driving the transformation to IP, virtualization and cloud workflows and has built the market's most open and cloud-ready media delivery platform for contribution, distribution, live production, and orchestration. 

For over 20 years the world's leading media brands have trusted Net Insight and the company is recognized for having set the benchmark for media transport. Now Net Insight is combining its broadcast heritage and R&D expertise with the deep IP knowledge gained from developing its own streaming solution to evolve Nimbra, its Emmy® Award winning video transport solution, for the new media era. With a strong vision for the future of IP and cloud, Net Insight is helping the world's leading media brands to simply and cost-effectively produce and deliver content to viewers anywhere.  
 
For more information, please visit netinsight.net

Twitter: @NetInsight, twitter.com/NetInsight
LinkedIn: @Net Insight, www.linkedin.com/company/net-insight/


tisdag, februari 08, 2022

Invitation to presentation of Net Insight's Year-end report 2021

Net Insight

Invitation to presentation of Net Insight's Year-end report 2021

Net Insight AB will publish its Year-end report January – December 2021, on February 22, 2022 at 8:45 am CET. Following this report, a conference call with web presentation for media and the financial community will take place.

CEO Crister Fritzson and CFO Joakim Schedvins will present and comment on the report. After the presentation there will time for questions, both on the phone and via the web presentation. The presentation will be in Swedish, but the presentation slides are in English.

Time for the publication of the Year-end report
Tuesday February 22 at 08:45 am CET.

Time for conference call and web presentation
Tuesday February 22 at 09:30 am CET.

Dial-in numbers
SE: +46850558353 UK: +443333009274 US: +16467224903

The conference call is mainly targeted to analysts, institutional investors, and media.

Web presentation
Link: https://tv.streamfabriken.com/net-insight-q4-2021

The presentation and the Year-end report will be available on netinsight.net after publication.

Welcome!
Crister Fritzson
CEO

For further information, please contact:
Crister Fritzson, CEO of Net Insight AB, +46 8 685 04 00, crister.fritzson@netinsight.net

About Net Insight

Net Insight (Nasdaq: NETI B) is defining new ways to deliver media, opening up opportunities for content owners, broadcasters, production companies, service providers and enterprises to produce and deliver the future of live sport, news and online content. The company is driving the transformation to IP, virtualization and cloud workflows and has built the market's most open and cloud-ready media delivery platform for contribution, distribution, live production, and orchestration. 

For over 20 years the world's leading media brands have trusted Net Insight and the company is recognized for having set the benchmark for media transport. Now Net Insight is combining its broadcast heritage and R&D expertise with the deep IP knowledge gained from developing its own streaming solution to evolve Nimbra, its Emmy® Award winning video transport solution, for the new media era. With a strong vision for the future of IP and cloud, Net Insight is helping the world's leading media brands to simply and cost-effectively produce and deliver content to viewers anywhere.  

For more information, please visit netinsight.net

Twitter: @NetInsight, twitter.com/NetInsight
LinkedIn: @Net Insight, www.linkedin.com/company/net-insight/




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