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Change in number of shares and votes in Net Insight

In December 2023, 895 000 warrants in the long-term incentive program that was decided by the annual general meeting 2020 (LTI 2020) were exercised, resulting in an increase of 895 000 B-shares and votes in Net Insight AB. This concluded LTI 2020.

Before the warrants were exercised, there were 1 000 000 A shares and 357 143 009 B shares, in total 358 143 009 shares and 367 143 009 votes, in the company. As of December 29, 2023, there are 1 000 000 A shares and 358 038 009 B shares, in total 359 038 009 shares and 368 038 009 votes, in the company.

For further information, please contact:
Joakim Schedvins, CFO, +46 8 685 04 00, joakim.schedvins@netinsight.net

About Net Insight

Net Insight (Nasdaq: NETI B) provides the highest performing, most open video transport and media cloud technology for content providers as the industry standard for flexibility and service across live contribution, distribution and remote production media workflows. 

For over 25 years, the world's leading content owners, broadcasters, production companies, service providers and enterprises have trusted Net Insight's Emmy® Award winning Nimbra technology to guarantee media delivery. Today, Net Insight partners with hundreds of customers in over 70 countries to ensure media flows across managed and unmanaged IP networks, and the cloud – from anywhere, to everywhere. It enables customers to get the best from any mix of virtualized, cloud and IP technology and is the only platform to support all the major industry standards, protocols and clouds.

For more information, please visit netinsight.net

Follow us: LinkedIn: linkedin.com/company/net-insight/ X: twitter.com/NetInsight

This information is information that Net Insight is obliged to make public pursuant to the Financial Instruments Trading Act. The information was submitted for publication at 2023-12-29 07:00 CET.

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Change in number of shares and votes in Net Insight

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Anna Söderblom is proposed as the new chair of Net Insight

Stockholm, Sweden – The Nomination Committee of Net Insight AB proposes that Anna Söderblom will be elected as the new chair of the board of Net Insight AB at the Annual General Meeting in 2024.

As previously communicated, the chair of the board, Gunilla Fransson, has announced that she declines re-election at the Annual General Meeting in 2024. The nomination committee proposes that Anna Söderblom will be elected as a new board member and chair of the board at the Annual General Meeting of Net Insight on May 7, 2024.

Anna Söderblom is a teacher and researcher at the Stockholm School of Economics, chair of the board of Proact IT Group AB, and a board member of Länsförsäkringar Liv AB, Chalmers Ventures AB, BTS Group AB, Midway Holding AB, Dedicare AB, and Webstep ASA. Among other things, she has worked as an investment manager at Industrifonden, as well as support manager and marketing director at Microsoft Nordic. Anna Söderblom holds a university degree in mathematics from Lund University, a bachelor's degree in business administration from Stockholm University, and a Ph.D. in Economics from the Stockholm School of Economics. Anna Söderblom was born in 1963.

"With Anna Söderblom's solid years of experience working both as a leader and investor in IT companies, combined with a strong academic background and extensive board experience in small and medium-sized enterprises, the Nomination Committee believes that she is the ideal candidate to lead Net Insight towards future success," says Stina Barchan, chair of the nomination committee. "Anna's experience gives her a unique ability to navigate the complex challenges and opportunities that Net Insight faces. We see that Anna's leadership and energy will be central to Net Insight's next growth phase and continued success."

The complete proposal of the Nomination Committee will be published well in advance of the Annual General Meeting in 2024.

For further information, please contact:
Rickard Dahlgren, general counsel, secretary of the nomination committee, +46 8 685 04 00, rickard.dahlgren@netinsight.net 

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

Stina Barchan, chair of the nomination committee, stina@briban.se 

About Net Insight

Net Insight (Nasdaq: NETI B) provides the highest performing, most open video transport and media cloud technology for content providers as the industry standard for flexibility and service across live contribution, distribution and remote production media workflows. 

For over 25 years, the world's leading content owners, broadcasters, production companies, service providers and enterprises have trusted Net Insight's Emmy® Award winning Nimbra technology to guarantee media delivery. Today, Net Insight partners with hundreds of customers in over 70 countries to ensure media flows across managed and unmanaged IP networks, and the cloud – from anywhere, to everywhere. It enables customers to get the best from any mix of virtualized, cloud and IP technology and is the only platform to support all the major industry standards, protocols and clouds.

For more information, please visit netinsight.net

Follow us: LinkedIn: linkedin.com/company/net-insight/ X: twitter.com/NetInsight

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Net Insight signs framework agreement with Teracom for time synchronization of critical mobile network

Stockholm, Sweden – Net Insight has entered into a strategically important frame agreement with Teracom for the delivery of its time synchronization solution Zyntai. The frame agreement primarily concerns the time synchronization of Teracom's network for critical services. The value of the agreement for the project, for deployment during 2023 and 2024, is over SEK 10 million.

Teracom Group is a state-owned corporation that provides secure communication services to Sweden's vital societal actors. Teracom's mobile network, focusing on critical services, requires a robust and secure time synchronization solution that is independent of GPS/GNSS. After a thorough evaluation process, Teracom has chosen Net Insight as its supplier.

The solution, based on Net Insight's new cost-effective synchronization platform Zyntai, meets the high performance and security requirements that Teracom places on the time synchronization of its critical mobile network. The agreement represents an important strategic step forward for Net Insight in its expansion of time synchronization for critical networks. The first phase, worth over 10 million SEK, is planned to be delivered during 2023, with the majority in the first half of 2024.

"We need a GPS/GNSS-independent solution that is robust and easy to implement over our existing infrastructure, which Zyntai can provide," says Gunnar Bergman, head of networks at Teracom.

"We are very proud to offer Teracom an alternative solution to GPS that meets their high requirements and expectations," says Crister Fritzson, CEO of Net Insight. "Zyntai offers a secure, flexible, and cost-effective path to time synchronization for critical networks. This agreement is evidence of the quality and innovation that Net Insight constantly strives for."

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) offers a GNSS/GPS independent time synchronization solution for TDD 5G networks through its Precision TimeNet product that provides the highest accuracy and performance while dramatically reducing CAPEX and OPEX for MSOs and speeding up 5G roll-outs by working over existing IP/MPLS networks.

With over 25 years of experience from the professional media industry where the world's leading media providers have relied on Net insight's Emmy®-winning Nimbra solution to guarantee their media transport and to accurately synchronize TV and media services over existing IP networks independently of GNSS/GPS. Net Insight now brings this uniquely established knowledge into the future mobile networks to solve 5G TDD time synchronization independent of GNSS/GPS. Solving time synchronization in 5G and 6G TDD networks through approaching it as an open disaggregated virtualized end-to-end service provided independent of the underlying network is for Net Insight the only future proof approach.

For more information, please visit netinsight.net

Follow us: LinkedIn: linkedin.com/company/net-insight/ X: twitter.com/NetInsight

About Teracom

For more information, please visit www.teracom.se/

This information is information that Net Insight is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2023-12-08 13:45 CET.

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Net Insight signs framework agreement with Teracom for time synchronization of critical mobile network

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Major American operator expands trial sync network with Net Insight

Stockholm, Sweden – Net Insight has received an order from a major American operator for expansion of their trial synchronization network.

After successful tests of Net Insight's GPS/GNSS independent synchronization solution, the customer expands its synchronization network to enter commercial trials. The Net Insight TimeNodes will be delivered before the end of the year.

"We are pleased that this major operator has verified the strengths and benefits of our synchronization solution and continues to expand their network," says Crister Fritzson, CEO of Net Insight. "This proves the strength of the solution in the American market and verifies our go-to-market strategy."

Net Insight's synchronization solution is designed to address the time synchronization challenges faced by today's complex networks and services. It creates an overlay synchronization network that operates independently of the underlying IP and transport infrastructure. This provides precise time synchronization where it is needed without requiring time sync hardware support in routers, switches and transport nodes, while working also over leased capacity. By distributing time sync over the network, the customers' sites also become independent of external GPS/GNSS sources, reducing vulnerability to interference beyond their control.

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) offers a GNSS/GPS independent time synchronization solution for TDD 5G networks through its Precision TimeNet product that provides the highest accuracy and performance while dramatically reducing CAPEX and OPEX for MSOs and speeding up 5G roll-outs by working over existing IP/MPLS networks.

With over 25 years of experience from the professional media industry where the world's leading media providers have relied on Net insight's Emmy®-winning Nimbra solution to guarantee their media transport and to accurately synchronize TV and media services over existing IP networks independently of GNSS/GPS. Net Insight now brings this uniquely established knowledge into the future mobile networks to solve 5G TDD time synchronization independent of GNSS/GPS. Solving time synchronization in 5G and 6G TDD networks through approaching it as an open disaggregated virtualized end-to-end service provided independent of the underlying network is for Net Insight the only future proof approach.

For more information, please visit netinsight.net

Follow us: LinkedIn: linkedin.com/company/net-insight/ X: twitter.com/NetInsight

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Major American operator expands trial sync network with Net Insight

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Standardization of a new synchronization solution has been initiated within ITU

Stockholm – ITU (The International Telecommunication Union) has decided to start a working item for a new supplement in order to begin standardization of Enhanced Partial Timing Support (ePTS). This is the first step to standardize the Precision TimeNet (PTN) technology that Net Insight has developed for its new Zyntai synchronization platform.

At the previous week's ITU convention in Geneva, ITU Study Group 15 (SG15) decided to start a working item for a new supplement in order to start standardization of Enhanced Partial Timing Support (ePTS).

This is the first step to standardize the Precision TimeNet (PTN) technology that Net Insight has developed and spearheaded. PTN is used in Net Insight's new Zyntai synchronization products. Zyntai is optimized for synchronization of 5G and critical networks.

The aim of the working item is to optimize time synchronization across wide area networks without the need for full timing support PTP (Precision Time Protocol, ITU G8275.1 profile) in intermediate nodes. With the approval of the work item, the standardization of Enhanced Partial Timing Support (ePTS) could formally start. The work is currently scheduled to be completed in 2025. The exact plan for how it will be published will be determined as the ITU standardization work progresses.

"This is a first but very important step in making Precision TimeNet a global standard," says Per Lindgren, Group CTO and Head of Sync at Net Insight. "The working item received strong support within ITU. Net Insight is fully committed to work with standards and open technology "

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) offers a GNSS/GPS independent time synchronization solution for TDD 5G networks through its Precision TimeNet product that provides the highest accuracy and performance while dramatically reducing CAPEX and OPEX for MSOs and speeding up 5G roll-outs by working over existing IP/MPLS networks.

With over 25 years of experience from the professional media industry where the world's leading media providers have relied on Net insight's Emmy®-winning Nimbra solution to guarantee their media transport and to accurately synchronize TV and media services over existing IP networks independently of GNSS/GPS. Net Insight now brings this uniquely established knowledge into the future mobile networks to solve 5G TDD time synchronization independent of GNSS/GPS. Solving time synchronization in 5G and 6G TDD networks through approaching it as an open disaggregated virtualized end-to-end service provided independent of the underlying network is for Net Insight the only future proof approach.

For more information, please visit netinsight.net

Follow us:

LinkedIn: linkedin.com/company/net-insight/ X: twitter.com/NetInsight

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Standardization of a new synchronization solution has been initiated within ITU

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