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Correction: Change in number of shares and votes in Net Insight

The correction pertains to the number of shares that were canceled in August 2024. The correct number is 10,795,000 B-shares and not 12,775,000 B-shares as stated in an earlier press release. Below is the corrected press release in its entirety.

10,795,000 B shares were cancelled in August 2024 as a result of the completion of a reduction of share capital for allocation to unrestricted equity.

The reduction of share capital was carried out in accordance with the decision made at the Annual General Meeting on May 7, 2024, and with permission from the Swedish Companies Registration Office.

As of the time of this press release, the number of shares in the company amounts to 1,000,000 A shares and 347,243,009 B shares, totaling 348,243,009 shares representing 357,243,009 voting rights in the company. The company's share capital amounts to SEK 13,929,720.36 kr.

For further information, please contact:
Linda Lyth, Investor Relations Manager, +46 8 685 04 00, ir@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 2024-08-30 10:00 CEST.

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Change in number of shares and votes in Net Insight

12,775,000 B shares were cancelled in August 2024 as a result of the completion of a reduction of share capital for allocation to unrestricted equity.

The reduction of share capital was carried out in accordance with the decision made at the Annual General Meeting on May 7, 2024, and with permission from the Swedish Companies Registration Office.

As of the time of this press release, the number of shares in the company amounts to 1,000,000 A shares and 347,243,009 B shares, totaling 348,243,009 shares representing 357,243,009 voting rights in the company. The company's share capital amounts to SEK 13,929,720.36.

For further information, please contact:
Linda Lyth, Investor Relations Manager, +46 8 685 04 00, ir@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/ Twitter: x.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 2024-08-30 07:00 CEST.

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Safari Solutions adopts Net Insight's Nimbra Connect iT for global premier sports content distribution

Stockholm, Sweden – Net Insight's new Nimbra Connect iT solution has enabled Safari Solutions to support its end customer with the first-ever global distribution of media content, without needing a third party involved. The sports content distribution from point of production to consumer platforms ensure robust, fully redundant internet delivery for tier 1 sports and seamless integration of cloud IP and baseband SDI.

Safari Solutions leverages the power of Nimbra Connect iT to provide a fully managed service that enables the end customer to focus solely on the business of content creation and monetisation. The end customer is able to harness the benefits of a new distribution model with significant cost reduction and increased control of its streams and overall brand.

"Net Insight and its Nimbra Connect iT solution have transformed our content distribution. This flexible platform has opened up the art of the possible enabling us to do things differently," says Carl Van Dusen, COO at Safari Solutions. "Having the ability to distribute one or more streams to multiple endpoints globally in various formats simultaneously, leveraging the cloud, represents a tremendous breakthrough. It opens up a monumental opportunity for a new level of global distribution and rights management."

Nimbra Connect iT brings a unified operational experience allowing remote control of edge encoders, providing important observability of stream health, and supporting dynamic stream routing while streamlining operations with a single interface, bringing a reliable, reactive operational experience. The solution delivers a fully protected virtual network using cost-effective hardware at the edge and cloud service-based core, providing a flexible commercial model for occasional use events. It also features integrated monitoring, significantly reducing the number of systems needed.

"We are thrilled to welcome Safari Solutions as a Nimbra Connect iT customer," says Crister Fritzson, CEO of Net Insight. "This highlights our innovative capabilities in providing robust, reliable, and efficient content distribution solutions ensuring seamless delivery to viewers, allowing Safari Solutions to focus on being a strategic technology partner for their customers."

Visit Net Insight's booth 1.C48 at IBC2024 on September 13–16, 2024, to learn more about Safari Solutions and Nimbra Connect iT.

Investor Highlights

Customer acquisition: Net Insight secures Safari Solutions as a new customer for Nimbra Connect iT, showcasing strong market acceptance and growth potential for this solution.

Innovative offering: Nimbra Connect iT delivers robust, fully redundant internet delivery for tier 1 sports and seamless cloud IP, positioning Net Insight at the forefront of media network solutions.

Operational efficiency: The solution enables remote control of edge encoders and supports routing and monitoring, providing customers with streamlined and reliable operations.

The order was received in Q3, 2024.

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) 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: x.com/NetInsight

About Safari Solutions

For more information, please visit safari-solutions.com

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Net Insight elevates video quality and bandwidth efficiency with HEVC compression

Stockholm, Sweden – Net Insight unveils that the Nimbra 400 platform, now features multi-channel HEVC 4:2:2 video encoding and decoding. This advancement sets a new standard for video quality and bandwidth efficiency, making the Nimbra 400 the ultimate choice for live event contributions over both managed and unmanaged networks.

The Nimbra 400's new capabilities ensure the highest quality video is delivered over cost-effective IP links, enabling immersive video experiences from virtually any global location. Ideal for broadcasters and production companies, the Nimbra 400 supports up to four high-quality HEVC 4:2:2 video services through advanced hardware acceleration technology, ensuring premium, low-latency video feeds from remote locations to production centers.

With the highly efficient HEVC compression, the Nimbra 400 offers significant reductions in bandwidth costs per channel. This efficiency allows broadcasters to increase their camera views, delivering more immersive programming, and covering events that were previously economically unviable. The result is new revenue streams and a more engaging viewing experience for audiences.

The Nimbra 400 is designed for seamless integration with Net Insight's Nimbra Edge and Connect iT media transport platforms, providing robust and high-quality video connections from the network edge. Video services can be delivered over unmanaged IP networks, and the entire operation can be managed from a central location anywhere in the world, ensuring flexibility and reliability for live event production.

"The Nimbra 400's HEVC 4:2:2 capabilities provide unmatched video quality and efficiency that enable broadcasters to deliver more engaging content while significantly reducing costs," says Christer Bohm, vice president product management at Net Insight." This underscores our commitment to supporting our customers with leading-edge solutions that drive their success."

Visit Net Insight's booth 1.C48 at IBC2024 on September 13–16, 2024, to learn more about the new Nimbra 400 capabilities.

For further information, please contact:
Christer Bohm, VP Product Management at Net Insight AB, +46 8 685 04 00, christer.bohm@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: x.com/NetInsight

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