lördag, juli 02, 2022

Re: Job vacancy notification

ATTN,

This is to inform you that we are currently hiring foreign
international reputable and experienced applicants on various job
positions available if you are interested kindly apply by sending your
CV/résumé to chevron.uk@europe.com for more details.

Regards
Greyson Edwards
EMEA Recruitment Team Lead.
HR Chevron Corporation London UK

torsdag, juni 30, 2022

Three Sweden selects Net Insight’s time synchronization for 5G rollout

Net Insight

Three Sweden selects Net Insight's time synchronization for 5G rollout

Stockholm, Sweden – Mobile operator Three Sweden ('Three') has selected Net Insight for synchronizing its 5G network. The companies have worked in close cooperation and after extensive field evaluation of Net Insight's 5G time sync solution, Three has placed an initial order for Nimbra Time Nodes.

Time synchronization is mission critical for Three's 5G rollout and Three and Net Insight have the intention to enter into a frame agreement for a broader rollout in Three's mobile network. This is further validation of the competitiveness of Net Insight's 5G time synchronization technology to distribute time over existing networks, reducing costs and complexity in Three's 5G rollout.

"Net Insight's solution offers unique advantages as an alternative to GPS synchronization thereby creating redundancy and securing the availability of our 5G network," says Per Stigenberg, CTO of Three. "We have worked closely with Net Insight to verify the solution across our existing network and consider it a solid fit for Three's nationwide 5G synchronization."

"Three is known for using new technology that improves efficiency and quality of services. We are proud that Three, with its extensive expertise and forward-looking approach to 5G and time synchronization, has selected us and we look forward to a continued close cooperation," says Crister Fritzson, CEO of Net Insight. "Our mission is to enable faster and more secure 5G-rollouts for the world's mobile networks and offer an GPS-independent solution. This deal confirms our deep knowledge in precision timing technology."

The initial order value is approximately SEK 2 million and delivery of the Nimbra Time Nodes will take place in Q3, 2022.

For further information, please contact:
Crister Fritzson, CEO 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 as the only platform to support all the major industry standards, protocols and clouds.

For more information, please visit netinsight.net
Twitter: @NetInsight, twitter.com/NetInsight
LinkedIn: @Net Insight, www.linkedin.com/company/net-insight/

About Three Sweden

For more information, please visit www.tre.se


fredag, maj 13, 2022

Bulletin from Net Insight’s Annual General Meeting 2022

Net Insight

Bulletin from Net Insight's Annual General Meeting 2022

On 13 May 2022, Annual General Meeting (the "AGM") in Net Insight AB (publ) was held in Solna. The resolutions mentioned below, among others, were passed. The board's and the nomination committee's proposals have previously been published and are available at the company's website, www.netinsight.net.

Annual report, appropriation of result and discharge from liability

The AGM resolved to adopt the income statement and balance sheet, consolidated income statement and balance sheet for 2021. Furthermore, it was resolved that the company's results shall be carried forward and thus no dividend will be distributed. The AGM resolved to discharge the board members and the managing director from liability for 2021.

Board members and board fees

The AGM resolved in accordance with the nomination committee's proposals. Gunilla Fransson was re-elected as chair of the board. Jan Barchan, Mathias Berg and Charlotta Falvin were re-elected as board members and Stina Barchan was re-elected as personal deputy for Jan Barchan. Cecilia de Leeuw and Torbjörn Wingårdh were elected as new board members.

The AGM resolved that the remuneration to the board should amount to SEK 2,315,000 to be allocated with SEK 700,000 to the chair of the board and SEK 250,000 to each other board member who is not an employee in the company and SEK 125,000 to deputies who are not employees in the company. For work relating to committees, remuneration to the chair of the audit committee was resolved to be SEK 100,000 and SEK 50,000 to each member of the audit committee, SEK 50,000 to the chair of the remuneration committee and SEK 40,000 to each member of the remuneration committee.

Auditor

KPMG AB was elected as the company's auditor for the period up until the end of the annual general meeting 2023. Remuneration to the auditor will be on approved account.

Guidelines for remuneration for the group management

The AGM resolved to approve the board's proposal regarding guidelines for remuneration and other terms of employment for the group management.

The board's remuneration report

The AGM revolved to adopt the Board's remuneration report for 2021.

Authorization for the board to resolve to repurchase and transfer own shares

The AGM resolved to authorize the board to resolve to repurchase, on one or several occasions until the next annual general meeting, as many own shares as may be purchased without the company's holding at any time exceeding ten per cent of the total number of shares in the company. Further, the AGM resolved to authorize the board to resolve, on one or several occasions until the next annual general meeting, to transfer (sell) own shares.

The purpose of the authorization to repurchase own shares is to promote efficient capital usage in the company, to provide flexibility as regards the company's possibilities to distribute capital to its shareholders and to provide hedging for the company's option programs. The purpose of the authorization to transfer own shares is to enable the board to make corporate acquisitions, product acquisitions or enter into collaboration agreements, or to raise working capital or broaden the shareholder base or for use in the context of the company's incentive plans or to provide hedging for the company's option programs.

Reduction of share capital through cancellation of shares

The AGM resolved that the company's share capital shall be reduced by SEK 847,000 for allocation to unrestricted equity through cancellation of 21,175,000 own B shares held by the company.

Incentive program 2022 and issue of warrants (LTI 2022)

The AGM resolved in accordance with the board's proposal regarding implementation of a long-term incentive program for employees not employed within the company's U.S. or UK operations. LTI 2022 comprises two series, Series 1 and Series 2, which both consist of warrants to be transferred to employees with a vesting period of three years after which the holder is entitled to exercise the warrants to subscribe for B shares during a period of three months. The resolution also included a resolution to issue not more than 7,400,000 warrants and the subsequent transfer of not more than 3,700,000 warrants, of which not more than 3,700,000 may be issued in Series 1 and not more than 3,700,000 may be issued in Series 2. Thus, transfer of warrants in accordance with the above may only be made to the extent that the total number of warrants of Series 1 and Series 2 in total does not exceed 3,700,000 warrants.

Change in articles of association

The AGM resolved to adopt new articles of association, wherein an article has been introduced to enable the board to collect powers of attorneys and to decide that shareholders shall be entitled to exercise their voting rights by post prior to a general meeting.

For further information, please contact:
Crister Fritzson, CEO 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 as the only platform to support all the major industry standards, protocols and clouds.

For more information, please visit netinsight.net

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


fredag, april 29, 2022

Net Insight Interim Report January – March 2022

Net Insight

Net Insight Interim Report January – March 2022

Continuous growth and strong earnings

"Our steady growth trend and progress in 5G synchronization continue, despite market uncertainties."

It was a strong start to the year, despite continuous challenges with component shortages and increased uncertainty in general due to the geopolitical situation. The growth is driven by strong sales across all regions, and by 5G synchronization sales. Revenue in Q1 amounted to SEK 109.7 million. Sales in the period increased 40.8% compared to the corresponding quarter in the previous year (in comparable currencies 32.9%).

Crister Fritzson, CEO Net Insight

January – March 2022

  • Net sales amounted to SEK 109.7 (77.9) million, an increase of 40.8% year-on-year. In comparable currencies net sales increased by 32.9%.
  • Operating earnings amounted to SEK 10.7 (3.1) million, corresponding to an operating margin of 9.7% (4.0%). Excluding foreign exchange rate differences of SEK 0.5 (7.6) million, operating earnings were SEK 10.2 (-4.6) million.
  • Net income for the period for continuing operations was SEK 8.2 (3.9) million and for the Group, including discontinued operations, SEK 8.2 (-33.0) million.
  • Earnings per share diluted for the Group was SEK 0.02 (-0.09).
  • Total cash flow for the Group was SEK -1.2 (14.1) million. Excluding the cash impact of the divestment of operations and repurchase of own shares, cash flow was SEK 35.5 (-1.0) million.

Q1 Highlights:

  • Strong sales across all regions
  • Strong earnings
  • Repurchase program finished
  • Component availability uncertain

For the complete interim 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 CEST on April 29, 2022
CEO Crister Fritzson and CFO Joakim Schedvins will present and comment on the interim report: https://financialhearings.com/event/43519

For further information, please contact:
Crister Fritzson, CEO 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 as the only platform to support all the major industry standards, protocols and clouds.

For more information, please visit netinsight.net

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


fredag, april 22, 2022

Net Insight Annual Report 2021 published

Net Insight

Net Insight Annual Report 2021 published

The Annual Report 2020 is now available on Net Insight's website.

The Annual Report 2020 can be downloaded in pdf format here.

A printed version of the Annual Report can be ordered via email to info@netinsight.net or by calling +46 8 685 04 00.

The Swedish Annual Report 2021 is also available on Net Insight's website in European Single Electronic Format (ESEF).

For further information, please contact:
Crister Fritzson, CEO 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 as the only platform to support all the major industry standards, protocols and clouds.

For more information, please visit netinsight.net

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


torsdag, april 21, 2022

Astound Business Solutions selects Net Insight for first-class media services network

Net Insight

Astound Business Solutions selects Net Insight for first-class media services network

Stockholm, Sweden – Net Insight today announces an expanded relationship with Astound Business Solutions, powered by RCN|Grande|Wave, a national fiber solutions provider dedicated to delivering reliable and secure connectivity for mission-critical applications. In 2021, Astound selected Net Insight's native live IP video solution for its media services network throughout its footprint.

Net Insight provides Astound with a solution that is comprised of components for network design, core, edge, and orchestration that enables connectivity from coast to coast.

"Astound is committed to delivering the best media network services to our customers," says Patrick Knorr, Chief Commercial Officer for Astound Business Solutions. "Serving the most densely populated metropolitan areas in the country is not easy, especially as devices need to be deployed at the edge. We needed a reliable yet flexible solution that allowed us to reach millions of businesses and consumers coast to coast. Net Insight is a leader in delivering open-standard, interoperable IP media network solutions that helped us achieve our goals. Together we have created an open, standards-based solution that offers even greater flexibility to our customers."

Net Insight delivers a fully managed resilient network that allows operators to create new services by enabling existing ports without additional cost. Aside from being more cost-effective, the new system offers end-to-end visibility and enables Astound to offer its customers a more compelling service, while alleviating bottlenecks in fiber usage.

"Delivering a fully managed and monitored IP media network across the largest metropolitan areas in the US is truly transformative," says Crister Fritzson, CEO of Net Insight. "We make it simple for our customers to deliver the network services they need today and tomorrow. We are proud to announce Astound as the key Aperi win last year and we're excited to continue to support Astound as it deploys its managed contribution media network to more areas."

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

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

About Astound Business Solutions

Astound Business Solutions provides IT leaders with high-capacity, secure connectivity for their mission-critical applications while increasing overall agility and responsiveness. A part of Astound Broadband, the national telecommunications provider, offers advanced solutions that are delivered over a diverse, carrier-grade network that provides the speed, bandwidth, and reliability businesses need to support growing data demands. With coast-to-coast connectivity to over 70,000 business customers, Astound Business maintains a local, customer-centric approach, with dedicated industry experts on-hand around the clock to help businesses stay on top of today's evolving IT technology and remain competitive in their markets.

For more information, please visit astoundbusiness.com

Platform Communications for Net Insight:
Nana Rodaki/Leszek Rzesniowiecki
netinsight@platformcomms.com
+44 (0) 745 5515 9523


onsdag, april 13, 2022

Invitation to presentation of Net Insight's Interim report January – March 2022

Net Insight

Invitation to presentation of Net Insight's Interim report January – March 2022

Net Insight AB will publish its Interim report January – March 2022, on April 29, 2022 at 7:30 am CEST. 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 Q1 Interim report
Friday April 29 at 07:30 am CEST.

Time for conference call and web presentation
Friday April 29 at 09:30 am CEST.

Dial-in numbers
SE: +46856642705 UK: +443333009272 US: +1 6319131422 PIN US: 81555596#
The conference call is mainly targeted to analysts, institutional investors, and media.

Web presentation
Link: https://tv.streamfabriken.com/net-insight-q1-2022

The presentation and the Interim 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) 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 as the only platform to support all the major industry standards, protocols and clouds.

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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