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Net Insight appoints Andreas Eriksson as permanent Chief Commercial Officer

Stockholm, Sweden – Net Insight is pleased to announce the appointment of Andreas Eriksson as permanent Chief Commercial Officer (CCO), effective immediately.

Andreas Eriksson has been serving as acting CCO since 15 November 2024 and brings extensive global expertise from the broadcast and media industry. His previous roles include CEO and Head of Sales at Telstra Broadcast Services in Australia, as well as strategic and senior leadership positions with Red Bee Media and Ericsson Broadcast and Media Services. With a wealth of experience both in Sweden and internationally, Andreas has a proven track record of driving growth and strengthen customer relationships.

"I'm very pleased to appoint Andreas Eriksson to this key role on a permanent basis," says Crister Fritzson, CEO of Net Insight. "With his extensive experience and documented success, Andreas will play a pivotal role in enhancing our commercial operations and positioning us for further expansion."

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: https://x.com/NetInsight

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Net Insight appoints Pramod Zachariah to the newly established role Head of Sales Asia, Synchronization

Stockholm, Sweden – Net Insight is pleased to announce the appointment of Pramod Zachariah as Head of Sales Asia, Synchronization. This is a newly established role aimed at accelerating the commercialization of Net Insight's time synchronization solution Zyntai in the APAC region.

With the objective of enhancing its commercial functions and leveraging the increased activity in the APAC region, Net Insight has appointed Pramod Zachariah to the newly established position Head of Sales Asia, Synchronization. Pramod Zachariah is Singapore based and will be working from Net Insight's Singapore office. He assumed his role effective as of yesterday, 16 December 2024.

Pramod Zachariah brings over 20 years of experience in telecommunications and technology sales across the Asia Pacific region, with deep expertise in cloud technologies, 5G, and ICT infrastructure. Throughout his career, he has held key roles driving innovation and growth within the telecom sector and most recently served at VMware, where he focused on building strategic alliances and partnerships with large telecom operators in the region.

"We are thrilled to welcome Pramod Zachariah to Net Insight and the synchronization team," says Crister Fritzson, CEO of Net Insight. "His proven track record in driving business growth and expanding market presence will be a great asset as we strengthen our commercial operations to meet the growing demand in the APAC region."

For further information, please contact:
Per Lindgren, Group CTO and Head of Synchronization at Net Insight, +46 8 685 04 00,
per.lindgren@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: https://x.com/NetInsight

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Net Insight expands in APAC to further grow the time synchronization business

Stockholm, Sweden – Net Insight expands partnership with Tekmark Group in Malaysia and the Philippines as well as Vietcoms in Vietnam, to accelerate growth in the APAC region. Both partners will invest in pilot systems of the GNSS-independent time synchronization solution Zyntai, to pursue further opportunities in their respective markets, advancing Net Insight's position in the rapidly growing Asian market. The pilot systems will be delivered in Q4, 2024.

The Asia-Pacific region (APAC) is a dynamic and rapidly growing market, leading the global rollout of 5G technologies. Experiencing robust economic growth, the Philippines aims to expand 5G coverage to 40% of the country by 2030, potentially boosting the country's GDP by up to 1%. Malaysia is making significant strides in its 5G deployment. In addition to its 5G expansion, the country is gearing up to showcase its technological prowess as it prepares to assume the ASEAN chairmanship in 2025. Similarly, Vietnam, with an annual GDP growth forecast of 10% from 2023 to 2030, is emerging as a key technology market. Mobile broadband revenue, driven by 4G and 5G adoption, is expected to outpace subscription growth.

Leveraging long-standing market presence, Tekmark and Vietcoms are poised to capitalize on these opportunities, partnering with telecom operators to help fuel digitalization with Net Insight's time synchronization solution. Tekmark has an established presence in both the Malaysian and the Philippine markets, while Vietcoms brings over 15 years of experience delivering leading technical solutions in the Vietnamese market. Both partners have a long and successful partnership with Net Insight in media.

"Tekmark is thrilled to be a strategic partner of Net Insight in Malaysia and the Philippines and we see a strong business opportunity for the 5G time synchronization business," says Dato' Ralph Khor, Group Managing Director at Tekmark Group. "By combining Net Insight's expertise with our in-depth market knowledge, this partnership is set to deliver unparalleled value to stakeholders in this region."

"We are proud to collaborate with Net Insight in delivering their world-class time synchronization solution to the Vietnamese market," says Khang Do, CEO at Vietcoms. "Our partnership allows us to address the growing demand for reliable and precise 5G infrastructure, which will empower our customers to stay ahead in this rapidly evolving technological landscape."

"APAC is a fast-growing market in 5G and this further strengthens our capabilities in the region," says Per Lindgren, Group CTO and Head of Synchronization at Net Insight. "We are proud to work with strong partners like Tekmark and Vietcoms to accelerate the reach and capabilities of Net Insight in the growing APAC telecom market. These orders show their commitment and strong belief in our Zyntai product and the time synchronization market opportunity."

For further information, please contact:
Per Lindgren, Group CTO and Head of Synchronization at Net Insight,
+46 8 685 04 00, per.lindgren@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 Tekmark Group

For more information, please visit tekmarkgroup.com

About Vietcoms

For more information, please visit LinkedIn

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Net Insight expands in APAC to further grow the time synchronization business

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Net Insight secures 5G time synchronization order from leading European telecom operator

Stockholm, Sweden – Net Insight has secured an order from a leading European telecom operator to deliver its time synchronization solution. This first order of 25 units of Zyntai nodes has been won in partnership with Net Insight's Turkish partner Sekom and the majority of the revenue was recognized earlier this year.

Net Insight's Zyntai product will provide network-based time synchronization independent of GNSS, offering the telecom operator a resilient and cost-efficient time synchronization interoperable with existing synchronization solutions.

"This is a strategic win for us in 5G time synchronization, verifying the strong competitiveness of the Zyntai solution," says Crister Fritzson, CEO of Net Insight. "The leading telecom operator recognizes how crucial synchronization is for the robustness of its network and its vision for a GNSS-independent synchronization is aligned with how we have developed our Zyntai product. We share the telecom operator's focus on excellence and innovation."

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: x.com/NetInsight

About Sekom

For more information, please visit www.sekom.com.tr/en

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 2024-12-09 17:30 CET.

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Net Insight secures 5G time synchronization order from leading European telecom operator

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Net Insight wins order for national time distribution network in South Africa

Stockholm, Sweden – Net Insight has secured an order for approximately 50 units of the GNSS-independent time synchronization solution Zyntai from its reseller GDS Technologies in South Africa for the new end-customer Synch Industries. This is the first Zyntai order in South Africa and the order was received and will be partially delivered in Q4, 2024, and in 2025, as a first phase of the network.

Net Insight's South African reseller partner GDS Technologies and the new end-customer Synch Industries have selected Net Insight's innovative Zyntai solution, based on the synchronization technology Precision TimeNet, to facilitate GNSS-independent time distribution throughout South Africa.

After a successful Proof of Concept (POC) process, the order was received and will be partially delivered in Q4, 2024 and in 2025. This is the first phase of the network, and it consists of approximately 50 units of the GNSS-independent time synchronization solution Zyntai. With this order, Net Insight is expanding its geographical presence and affirming the resilience and versatility of the solution, enabling new monetization opportunities for operators while securing national critical infrastructure.

Synch Industries is committed to building a national time distribution network free from GNSS-dependency. They will offer Time as a Service (TaaS) to a wide range of industries, such as telecom, media companies, fintech, data centers and power utilities. The implementation of GNSS-independent time distribution will strengthen national resilience and eliminate reliance on foreign influence in this vital national service. The network will go live in Q1, 2025 and the plan is to expand it further during the year.

"We are thrilled to achieve this technologically advanced network through the collaboration with Net Insight and GDS Technologies and we are excited to see that the project is in its final stages of going commercial," says Neeren Ramharakh, Founder and CEO of Synch Industries. "In an increasingly interconnected world, the demand for precise, accurate, and secure time has never been more critical. Our commitment to providing a trustworthy source of time lays the foundation for businesses to thrive, enhance their operational efficiency, and forge ahead in the digital age."

"We are very proud to welcome a new customer in time synchronization, which serves as a strong testament to the relevance and the growing demand for our solution. This milestone opens a new market and creates opportunities in this region," says Per Lindgren, Group CTO and Head of Synchronization at Net Insight. "We look forward to teaming up with GDS Technologies and Synch Industries to create a network for distribution of national time in South Africa."

For further information, please contact:
Per Lindgren, Group CTO and Head of Synchronization at Net Insight AB,
+46 8 685 04 00, per.lindgren@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: x.com/NetInsight

About GDS Technologies

For more information, please visit https://gdstech.co.za

About Sync Industries

For more information, please visit https://synchindustries.com/

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Net Insight wins order for national time distribution network in South Africa

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