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Net Insight Interim Report January – June 2020

Quote from CEO Crister Fritzson: "Positive result given the market conditions"

April – June 2020

• Net sales amounted to SEK 105.0 (125.2) million, a decrease of -16.1% year-on-year. In comparable currencies net sales decreased by -17.0%.
• Operating earnings amounted to SEK 1.1 (15.6) million, corresponding to an operating margin of 1.0% (12.4%). Excluding foreign exchange rate differences of SEK -7.2 (-0.8) million, operating earnings were SEK 8.3 (16.4) million.
• Net income for the period for continuing operations and for the Group, including divested operations, was SEK 1.8 (11.8) million and SEK 1.8 (2.2) million, respectively.
• Earnings per share, basic and diluted, for the Group was SEK 0.00 (0.01).
• Total cash flow for the Group was SEK -10.3 million (-12.3).

January – June 2020

• Net sales amounted to SEK 199.0 (233.8) million, a decrease of -14.9% year-on-year. In comparable currencies net sales decreased by -16.8%.
• Operating earnings amounted to SEK 6.7 (11.1) million, corresponding to an operating margin of 3.4% (4.7%). Excluding foreign exchange rate differences of SEK 3.1 (-0.3) million, operating earnings were SEK 3.6 (11.4) million.
• Net income for the period for continuing operations was SEK 3.6 (9.1) million. Net Income for the Group, including divested operations, was SEK 250.2 (-6.4) million. This includes capital gains related to discontinued operations of SEK 246.4 (-) million.
• Earnings per share, basic and diluted, for the Group was SEK 0.65 (-0.02).
• Total cash flow for the Group was SEK 235.1 million (-44.2).

Significant events:

• Crister Fritzson assumes the CEO position
• Important major deals on several markets
• First Aperi orders
• Continued negative Covid-19 impact
• Change and strengthening of executive management

The full report of the second quarter 2020 can be found on netinsight.net

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

About Net Insight

Net Insight is a global leader in media networks and resource optimization. With more than 20 years' experience, Net Insight is a trusted and important partner and a leading force in the media tech industry in creating a better media experience.

Net Insight is powering the evolving media business in a connected world where technology enables seamless meetings between producers, distributors and consumers of content – regardless of geographical location, technical resources or distribution network. With its deep market knowledge and insight, genuine customer focus and world-leading innovative technology, Net Insight makes it easier to create and deliver better content in a more reliable and effective way. Net Insight is driven by the idea that everything can always be done smarter, for both its customers and their customers.

More than 500 world-class customers run mission-critical media services using Net Insight's solutions in more than 70 countries worldwide. Net Insight is listed on Nasdaq Stockholm.

For more information, please visit netinsight.net

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

This information is information that Net Insight is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out above, at 2020-07-21 08:45 CEST.

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Mobilelinks to expand network capacity using Net Insight's solutions

Stockholm, Sweden – Net Insight and Mobilelinks, one of Northern Europe's leading media service providers, will provide media network solutions and services for delivery of live content from premium live sports in the Nordics.

Mobilelinks expands its network capacity by deploying Net Insight's Nimbra solutions at fifty network PoPs for arenas and broadcasters throughout the Nordic countries, offering 10 Gbps capacity per arena with ability to deliver multiple uncompressed feeds from each arena from several concurrent productions, incl. audio and arena networks. The network capacity will now be expanded by 100 Gbps using Net Insight's powerful terabit media transport platform, the Nimbra 1060. The agile, low-latency network enables more and larger productions and accommodates future requirements like new formats and remote production.

"We are delighted to expand our network capacity and to serve premium live sports in the Nordics," says Andreas Langell, CEO of Mobilelinks. "With this deal, we are strengthening our market position by doubling our switching capacity from 100 to 200 Gbps, enabled by the high-capacity Nimbra 1060 platform. The upgraded network will have a high degree of flexibility, able to accommodate a range of future customer production and transport requirements."

"Net Insight is happy to support Mobilelinks, rights owners and broadcasters in the Nordics to deliver exciting live experiences to millions of sports fans. With this deal, we are further strengthening our position in our home markets," says Crister Fritzson, CEO at Net Insight. "We clearly experience customers' growing need to expand their network capacity, and our high-capacity network solutions have demonstrated its ability to meet the highest reliability and flexibility requirements."

The network installation is ongoing since late June, with the first live games expected to be delivered over the network from August. The total order value exceeds SEK 8 million, with around two-thirds delivered during the first quarter of 2020 and the remaining part delivered during the second quarter of 2020.

For further information, please contact:

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

About Net Insight

Net Insight is a global leader in media networks and resource optimization. With more than 20 years' experience, Net Insight is a trusted and important partner and a leading force in the media tech industry in creating a better media experience.

Net Insight is powering the evolving media business in a connected world where technology enables seamless meetings between producers, distributors and consumers of content – regardless of geographical location, technical resources or distribution network. With its deep market knowledge and insight, genuine customer focus and world-leading innovative technology, Net Insight makes it easier to create and deliver better content in a more reliable and effective way. Net Insight is driven by the idea that everything can always be done smarter, for both its customers and their customers.

More than 500 world-class customers run mission-critical media services using Net Insight's solutions in more than 70 countries worldwide. Net Insight is listed on Nasdaq Stockholm.

For more information, please visit netinsight.net

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

About Mobilelinks

As Northern Europe's leading partner in the delivery of broadcast media we operate throughout Sweden, Norway, Denmark, and Finland. We offer transmissions via satellite, IP infrastructure and Mobile networks.

Our experience for contribution and production of events are the ideal match to give our clients the best possible solution for their production.

For further information, please contact:

Andreas Langell, CEO Mobilelinks, +46 8 564 104 50, andreas.langell@mobilelinks.se

For more information, please visit mobilelinks.se/

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ScheduALL announces Evolution, the latest SaaS solution

New software solution for production and broadcast resource management and crewing

Stockholm, Sweden – ScheduALL®, part of Net Insight, announces the release of the new SaaS solution ScheduALL Evolution for resource management and crewing, enabling facilities managers and scheduling supervisors to manage projects anytime, anywhere with a sleek mobile solution and a new, modern interface.

ScheduALL Evolution helps its broadcast and production customers avoid cost overruns, missed deadlines, and high-priced, poor-quality services by providing enterprise resource optimization software that drives customer success, delivering efficiency, security and unmatched service in leading-edge, cloud-based solutions.

ScheduALL Evolution offers the following benefits:

• The latest technology – take advantage of cloud hosting, mobile access and advanced business analytics
• Access to projects anytime and anywhere with a user interface re-engineered for mobile devices
• Drag and drop functionality for crewing, event management and scheduling - quickly and easily connect teams and assets to jobs
• World-class service and support
• Peace of mind with robust security in a cloud-based environment
• Reduced or eliminated need for a costly IT infrastructure, as well as costs for hardware, maintenance and upgrades
• Improved ROI

Users can also integrate the cloud-based Business Intelligence (BI) into both the ScheduALL v5 server version and the new ScheduALL Evolution platform to increase the depth of available analytics. This means that along with the new SaaS platform, users of ScheduALL v5 can also take advantage of advanced BI with their current systems. ScheduALL Services are available to assist both with Business Intelligence with migration planning for ScheduALL Evolution.

"ScheduALL provides enterprise resource management (ERM) software and service solutions to more than 300 customers in 50 countries. Our business processes and methods have become the industry standard for workflow and resource management," says Ken Graham, VP Resource Optimization at Net Insight. "With the launch of ScheduALL Evolution, we bring the next generation cloud-based SaaS solution to our customers."

For further information, please contact:
Ken Graham, VP Resource Optimization at Net Insight, ken.graham@netinsight.net

About Net Insight

Net Insight is a global leader in media networks and resource optimization. With more than 20 years' experience, Net Insight is a trusted and important partner and a leading force in the media tech industry in creating a better media experience.

Net Insight is powering the evolving media business in a connected world where technology enables seamless meetings between producers, distributors and consumers of content – regardless of geographical location, technical resources or distribution network. With its deep market knowledge and insight, genuine customer focus and world-leading innovative technology, Net Insight makes it easier to create and deliver better content in a more reliable and effective way. Net Insight is driven by the idea that everything can always be done smarter, for both its customers and their customers.

More than 500 world-class customers run mission-critical media services using Net Insight's solutions in more than 70 countries worldwide. Net Insight is listed on Nasdaq Stockholm.

For more information, please visit netinsight.net and scheduall.com

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

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Invitation to presentation of Net Insight's Interim report January – June 2020

Net Insight AB will publish its Interim report January – June 2020, on July 21, 2020 at 08:45 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 Pelle Bourn will present and comment on the report. After the presentation there will time for questions, both on the phone and via the web presentation.

Time for the publication of the Interim report
Tuesday July 21 at 08:45 am CEST.

Time for conference call and web presentation
Tuesday July 21 at 09:30 am CEST.

Dial-in numbers
SE: +46850558374 UK: +443333009264 US: +18335268398
The conference call is mainly targeted to analysts, institutional investors, and media.

Web presentation
Link: https://tv.streamfabriken.com/net-insight-q2-2020

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 at Net Insight AB, +46 8 685 04 00, crister.fritzson@netinsight.net

About Net Insight

Net Insight is a global leader in media network and resource optimization. With more than 20 years' experience, Net Insight is a trusted and important partner and a leading force in the media tech industry in creating a better media experience.

Net Insight is powering the evolving media business in a connected world where technology enables seamless meetings between producers, distributors and consumers of content – regardless of geographical location, technical resources or distribution network. With its deep market knowledge and insight, genuine customer focus and world-leading innovative technology, Net Insight makes it easier to create and deliver better content in a more reliable and effective way. Net Insight is driven by the idea that everything can always be done smarter, for both its customers and their customers.

More than 500 world-class customers run mission-critical media services using Net Insight's solutions in more than 70 countries worldwide. Net Insight is listed on Nasdaq Stockholm.

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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Net Insight appoints Chief Commercial Officer

Stockholm, Sweden – With the objective to strengthen the commercial functions, Net Insight has today appointed Mårten Blixt in the newly established Chief Commercial Officer (CCO) role. Mårten Blixt will join the Executive Management team and will assume the position during August, 2020.

With the recently announced changes to the structure and the new Executive Management team, Net Insight is reinforcing its focus to grow the core Media Networks business. As part of these changes, Mårten Blixt will join Net Insight in the new role as Chief Commercial Officer, with responsibility for global sales and marketing.

Mårten Blixt has more than 20 years' experience from senior international sales roles within the software and IT industry and comes from a position as Regional Manager Nordic for Questback, a market leading SaaS supplier. Prior to this, he was Nordic CEO at the software and IT company Insight Technology Solutions. Mårten Blixt will join Net Insight during August, 2020.

"I'm very pleased to announce Mårten Blixt as our new CCO," says Crister Fritzson, CEO of Net Insight. "Mårten will play an important role in our growth journey and has a strong track record of delivering growth in complex industry settings."

For further information, please contact:
Crister Fritzson, CEO of Net Insight AB, +46 8-685 0400, crister.fritzson@netinsight.net

About Net Insight

Net Insight is a global leader in media networks and resource optimization. With more than 20 years' experience, Net Insight is a trusted and important partner and a leading force in the media tech industry in creating a better media experience.

Net Insight is powering the evolving media business in a connected world where technology enables seamless meetings between producers, distributors and consumers of content – regardless of geographical location, technical resources or distribution network. With its deep market knowledge and insight, genuine customer focus and world-leading innovative technology, Net Insight makes it easier to create and deliver better content in a more reliable and effective way. Net Insight is driven by the idea that everything can always be done smarter, for both its customers and their customers.

More than 500 world-class customers run mission-critical media services using Net Insight's solutions in more than 60 countries worldwide. Net Insight is listed on Nasdaq Stockholm.

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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Net Insight announces changes to Executive Management team

Stockholm, Sweden – To strengthen the commercial functions and further reinforce the growth focus, Net Insight announces changes to the structure and a new Executive Management team.

Net Insight's strategy is to increase focus on and growing the core Media Networks business. In line with this, the company will change structure and strengthen the Executive Management team.

The Executive Management team will be expanded with a new role responsible for global sales and marketing. Recruitment for this role is ongoing. A new COO (Chief Operating Officer) role with responsibility for R&D, sourcing and customer delivery will be part of the Executive Management team. In addition, the CTO (Chief Technology Officer) and VP Product Management roles will also be part of the new management team.

"With the new and strengthened Executive Management team, I am confident that we can further accelerate our commercial activities and increase our operational execution capacity," says Crister Fritzson, CEO of Net Insight.

The Resource Optimization (ScheduALL) business will to continue to be run as a standalone unit.

As a result of the changes, the Executive Management team will from June 1st consist of:
Crister Fritzson, CEO; Pelle Bourn, CFO; Katarina Dufvenmark, VP People; Marcus Sandberg, VP Corporate Development & Communication; Ulrik Rohne, COO, also acting as VP Sales & Marketing as well as VP Product Management; Per Lindgren, CTO and Ken Graham, VP Resource Optimization.

For further information, please contact:
Crister Fritzson, CEO of Net Insight AB, crister.fritzson@netinsight.net

About Net Insight

Net Insight is a global leader in media networks and resource optimization. With more than 20 years' experience, Net Insight is a trusted and important partner and a leading force in the media tech industry in creating a better media experience.

Net Insight is powering the evolving media business in a connected world where technology enables seamless meetings between producers, distributors and consumers of content – regardless of geographical location, technical resources or distribution network. With its deep market knowledge and insight, genuine customer focus and world-leading innovative technology, Net Insight makes it easier to create and deliver better content in a more reliable and effective way. Net Insight is driven by the idea that everything can always be done smarter, for both its customers and their customers.

More than 500 world-class customers run mission-critical media services using Net Insight's solutions in more than 70 countries worldwide. Net Insight is listed on Nasdaq Stockholm.

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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Net Insight selected for new nationwide IP media network in the Middle East

Stockholm, Sweden – Net Insight's partner Middle East Telecommunications Company (METCO) has signed an agreement with a customer in the Middle East for a new nationwide media network based on the Nimbra solutions. The new network provides HD and UHD/4K uncompressed contribution capabilities covering multiple locations. To ensure high-quality viewer experience, METCO will use a range of Net Insight's Nimbra products for multi-purpose transport, media acceleration and professional IP media transport.

Abdulamir Al Muscati, General Manger at METCO said, "We chose Net Insight as their open video-centric solution offers a combination of broadcast grade reliability, scalability and simplicity to manage large media networks," Al Muscati added, "the highly flexible Nimbra transport platform also allows for an easy future network expansion."

In response, Ulrik Rohne, VP Media Networks at Net Insight said, "We look forward to working closely with METCO to ensure successful implementation. We are also proud to share our experience in building IP media networks around the globe."

The order was won, and product delivery will take place during the second quarter of 2020. The total order value exceeds USD 1 million, including Nimbra hardware, software as well as services. In line with Net Insight's strategy to grow recurring revenue, the contract consists of more than 20% professional services and support, spread over the next three years.

For further information, please contact:
Ulrik Rohne, VP Media Networks, Net Insight AB, +46 8 685 04 00, ulrik.rohne@netinsight.net

About Net Insight

Net Insight is a global leader in media networks, resource optimization and streaming solutions. With more than 20 years' experience, Net Insight is a trusted and important partner and a leading force in the media tech industry in creating a better media experience.

Net Insight is powering the evolving media business in a connected world where technology enables seamless meetings between producers, distributors and consumers of content – regardless of geographical location, technical resources or distribution network. With its deep market knowledge and insight, genuine customer focus and world-leading innovative technology, Net Insight makes it easier to create and deliver better content in a more reliable and effective way. Net Insight is driven by the idea that everything can always be done smarter, for both its customers and their customers.

More than 500 world-class customers run mission-critical media services using Net Insight's solutions in more than 70 countries worldwide. Net Insight is listed on Nasdaq Stockholm.

For more information, please visit netinsight.net

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

About METCO

METCO provides state-of-the-art integrated telecommunications solutions and automated business processes for voice, video, data, contact, and network centers. Established in 1978, METCO's head office is in Kuwait, and has branches in Iraq, Saudi Arabia, Sudan, and United Arab Emirates. METCO delivers the latest technologies in the market for a seamless digital transformation. A journey that unlocks the full potential of intelligent systems, meets customers' rising expectations, and improves the overall user experience.

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

LinkedIn: https://www.linkedin.com/company/middle-east-telecommunication
Instagram: https://www.instagram.com/metco_/?hl=en

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