måndag, september 04, 2023

Net Insight’s Dynamic Demo to explore personalized comprehensive solution lineup at IBC2023

Net Insight's Dynamic Demo to explore personalized comprehensive solution lineup at IBC2023

Stockholm, Sweden – Net Insight is thrilled to unveil a dynamic demo to explore its full media product portfolio at IBC2023. The demo is designed to cater to the unique needs of broadcasters, service providers, and production companies, providing tailored insights based on their focus area, be it production, contribution, or primary distribution. The demo considers network requirements, whether they are cloud & internet-based or IP-based, to offer a comprehensive view of Net Insight's solutions.

Net Insight is pioneering a new era in live video delivery, ensuring content seamlessly reaches audiences no matter where they are. Visitors to the IBC show will discover the orchestrated approach Net Insight offers, covering cloud-based, on-premises, and hybrid environments.

"Net Insight's vision is fueled by innovation and our relentless commitment to transforming the landscape of live video delivery," says Crister Fritzson, CEO of Net Insight. "We believe in pushing boundaries, redefining possibilities, and empowering our customers with solutions that pave the way for success in an ever-evolving industry."

Key highlights of the Net Insight experience at IBC2023 include:

Tailored Product Exploration: Revealing a dynamic demo that guides through Net Insight's product portfolio based on the unique needs of a broadcaster, service provider, or production company. Solutions tailored to production, contribution, or primary distribution, and perfect fit for diverse network requirements, whether they are cloud & internet-based or IP-based.

Nimbra Edge: The next-generation routing fabric that revolutionizes media network infrastructure. Nimbra Edge provides an intuitive, rich UI with globally distributed, easily configurable software-defined routing fabric for seamless network management. Visitors will witness the flexibility and power of Nimbra Edge, transforming the way media networks operate over cloud & internet connectivity.

Quality, Simplicity, Scalability: Insights into how Net Insight prioritizes IP media quality, ensuring the integrity of video networks and safeguarding content. Showing the simplicity of Net Insight's solutions, streamlining workflows to enable focus on content creation and how IP technology enables seamless scaling, ensuring that video delivery can keep pace with growing aspirations.

Trust Boundary customer Showcase: At IBC2023, Net Insight will highlight a successful customer case featuring Trust Boundary and Nimbra 1000 in a facility interconnect with capacity of multiple 100Gbps connections. This solution provides the customer with multiple secure 100Gbps interconnections, service protection, seamless workflows, and efficient resource utilization. The deployment also ensures uncompressed transport of all services with minimal delay and has gained the IT department's security approval.

Cloud-Based, On-Premises, Hybrid Environments: Net Insight's orchestrated approach allows users to explore the potential of cloud-based, on-premises, and hybrid environments. Experience massive network reach, adaptive format support, and global network distribution, all seamlessly integrated into an intuitive platform.

Net Insight's dynamic demo promises to offer an immersive, tailored experience for visitors, allowing them to explore products that best suit their needs, network requirements, and aspirations. Join Net Insight at booth 1.B41 at IBC2023 to experience the future of live video delivery and discover solutions that empower success in a rapidly changing landscape.

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

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torsdag, augusti 31, 2023

Change in number of shares and votes in Net Insight

In August 2023, a reduction of the share capital in Net Insight AB was completed by cancellation of 12,775,000 B shares 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 12, 2023, and following authorization 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 356,493,009 B shares, totaling 357,493,009 shares representing 366,493,009 voting rights in the company. The company's share capital amounts to SEK 14,299,720.36.

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

About Net Insight

For more information, please visit netinsight.net

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

torsdag, augusti 24, 2023

Net Insight powers pioneering multinational theater play showcasing commitment to merging culture and technology

Stockholm, Sweden – Net Insight is proud to support a groundbreaking theatrical production, "Tre Rum" taking place in September. This innovative play explores the life of a woman across different stages of her life and is performed simultaneously in three countries, Sweden, Finland and Norway. This unique format was made possible through Net Insight's innovative media technology, ensuring minimal delay in video and audio, and a real-time experience for audiences in each location.

The play is part of the collaborative project "Innovative Rooms", part of the EU program Interreg Aurora, and a development project that supports collaborations between Nordic cultural actors, technology developers and educators, specifically in the northern parts of the countries. Net Insight is committed to supporting creative initiatives that merge culture and technology, and "Tre Rum" represents a significant step forward in this regard.

"By harnessing Net Insight's low latency network technology to transport media, we have been able to revolutionize theater production with "Tre Rum", performed simultaneously in three countries. This level of innovation is a testament to the transformative power of technology on cultural expression," says Ann-Cathrine Fröjdö, project manager at Riksteatern, Swedish National Touring Theatre, one of the involved parties.

"We are delighted to see our technology serve as a key component in realizing this spearheading production and equally thrilled to support and develop cultural projects that enable a wider audience reach," says Crister Fritzson, CEO of Net Insight. "We eagerly anticipate the transformative impact this will have on the arts."

The production of 'Tre Rum' exemplifies how technology can profoundly reshape the landscape of performing arts. With a physical actress on each stage in the three countries, the three women meet in a virtual world before three different audiences in real time. The result is an out-of-body experience; a new form of stage art where the performance is unique depending on which of the three rooms you are in. Net Insight's commitment to this project aligns with its strategy of expanding into new market segments and customer segments.

The play is made possible in partnership with Net Insight, Epson, Servanet and Remote North, the Nordic community for distributed presence (NCDP), a network of universities, theaters, music schools, system specialists and organizations within performing arts.

Besides this play, Remote North utilizes Net Insight's ultra-low latency solution to foster all forms of live remote artistic performances, collaborations, and arts education. This allows for cultural exchange between artists, students, and teachers beyond geographical constraints. The result is a boost in efficiency, enhanced knowledge sharing, and professional growth. Moreover, it reduces the necessity for physical travel for rehearsals, lectures, and performances, thus contributing to sustainability by diminishing the environmental impact related to travel and logistics.

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

About Net Insight

For more information, please visit netinsight.net

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

måndag, juli 31, 2023

Change in number of shares and votes in Net Insight

During July 2023, 1 400 000 warrants in the long-term incentive program that was decided by the annual general meeting 2020 (LTI 2020) have been exercised, resulting in an increase of 1 400 000 B-shares and votes in Net Insight AB.

Before the warrants were exercised, there were 1 000 000 A shares and 367 868 009 B shares, in total 368 868 009 shares and 377 868 009 votes. As of July 31, 2023, there are 1 000 000 A shares and 369 268 009 B shares, in total 370 268 009 shares and 379 268 009 votes. A reduction of share capital with cancellation of shares is ongoing, whereby the numbers of B shares and votes will decrease by 12 775 000.

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

About Net Insight

For more information, please visit netinsight.net

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

tisdag, juli 18, 2023

Net Insight Interim Report January – June 2023

A quarter with continued stable growth

A stable start to the year was followed by another strong quarter, with continued steady growth in the media business, despite the more challenging macroeconomic environment. The development of Zyntai, the new time synchronization product for 5G, continues according to plan. We have delivered the first units and received the first pilot order in the US.

Crister Fritzson, CEO Net Insight

April – June 2023

Net sales amounted to SEK 126.3 (110.1) million, an increase of 14.7% year-on-year. In comparable currencies net sales increased by 7.4%.
Operating earnings amounted to SEK 9.9 (9.4) million, corresponding to an operating margin of 7.8% (8.5%). Excluding foreign exchange rate differences of SEK -1.7 (-0.2) million, operating earnings were SEK 11.6 (9.5) million.
Net income for the period was SEK 10.9 (11.8) million.
Earnings per share diluted was SEK 0.03 (0.03).
Total cash was SEK -12.4 (-23.8) million. Excluding the cash impact from repurchase of own shares, the cash flow was SEK -7.7 (-23.8) million.

January – June 2023

Net sales amounted to SEK 252.9 (219.8) million, an increase of 15.0% year-on-year. In comparable currencies net sales increased by 6.6%.
Operating earnings amounted to SEK 21.9 (20.1) million, corresponding to an operating margin of 8.7% (9.1%). Excluding foreign exchange rate differences of SEK -3.0 (0.4) million, operating earnings were SEK 24.9 (19.7) million.
Net income for the period was SEK 21,3 (19,9) million.
Earnings per share diluted was SEK 0.06 (0.05).
Total cash was SEK -42.2 (-25.0) million. Excluding the cash impact from repurchase of own shares, the cash flow was SEK -29.1 (11.7) million.

Q2 in brief

Continued strong growth in media
Pilot order in time synchronization from major US operator
First units of new time synchronization product Zyntai delivered to customers
Upgrade doubles Nimbra capacity

For the complete interim report, please refer to the attached PDF.

A webcast for media and the financial community will take place at 9:30 am CEST on July 18, 2023
CEO Crister Fritzson and CFO Joakim Schedvins will present and comment on the interim report: https://ir.financialhearings.com/net-insight-q2-2023

For further information, please contact:
Crister Fritzson, CEO of Net Insight AB, 08-685 04 00, crister.fritzson@netinsight.net

About Net Insight

For more information, please visit netinsight.net

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

onsdag, juli 05, 2023

MoMe delivers video for major eSports event with Net Insight’s cloud solution

MoMe delivers video for major eSports event with Net Insight's cloud solution

Stockholm, Sweden – Net Insight announces the successful collaboration with its Spanish partner, MoMe, and service provider Cingularity in delivering impeccable international video services for a high-profile eSports event taking place in Singapore in June.

The event captivated audiences worldwide from the 22nd to the 25th of June at Singapore's Suntec Centre. With the rising popularity of eSports, this event drew significant attention from gaming enthusiasts and professionals worldwide. MoMe's utilization of Net Insight's cloud native Nimbra Edge technology, deployed in Madrid and Frankfurt, ensured redundancy and resilience for uninterrupted video services delivery to meet the demands of the event.

The seamless transport of video services from Singapore back to London was entrusted to Cingularity, specialists in bespoke live video networking and production solutions. Cingularity deployed Net Insight's Nimbra 400 solution locally to guarantee reliable and high-quality video performance to its Singapore POP for onward transmission to London across its Nimbra MSR based global core network.

Upon reaching London, MoMe utilized Nimbra Edge to seamlessly ingest the content into their network. The deployment of Nimbra Edge in Madrid and Frankfurt not only ensured uninterrupted service but also offered a robust and flexible distribution system to cater to the diverse range of worldwide media rights-holders. Furthermore, Nimbra Edge exhibited its flexibility by enabling the addition of new media rightsholders just a few days before the commencement of the event.

"We are thrilled to have successfully delivered global services for the prestigious eSports event powered by Nimbra Edge," says Jaime Herbada, COO at MoMe. "The deployment ensured uninterrupted service throughout the event. We are proud to have met the customer's expectations by offering cost-effective distribution and the flexibility to fulfill last minute requests from media rights-holders."

"Our partnership with MoMe and Cingularity has once again demonstrated our commitment to delivering innovative solutions for major sports events," says Crister Fritzson, CEO of Net Insight. "Together we have empowered content creation and enhanced the viewing experience for eSport audiences worldwide."

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

About Net Insight

For more information, please visit netinsight.net

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

About MoMe:

For more information, please visit momeweb.com

About Cingularity:

For more information, please visit cingularity.tv

tisdag, juli 04, 2023

Invitation to presentation of Net Insight's Interim report January – June 2023

Net Insight AB will publish its Interim report January – June 2023, on July 18, 2023 at 7:30 am CEST. Following this report, a webcast for the media and the financial community will take place.

CEO Crister Fritzson and CFO Joakim Schedvins will present and comment on the report. If you wish to participate via the webcast please use the link below. Via the webcast you are able to ask written questions. The presentation will be in Swedish, but the presentation slides are in English.

Time for the publication of the Interim report
Tuesday July 18 at 07:30 am CEST.

Time for webcast
Tuesday July 18 at 09:30 am CEST.

Webcast
https://ir.financialhearings.com/net-insight-q2-2023

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

For more information, please visit netinsight.net

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

Net Insight

måndag, september 04, 2023