EVS Broadcast Equipment announces broadcast services contract with HBS AG
February 16 2017 - 12:30AM
Publication on February 16, 2017,
before market opening
Regulated information
EVS Broadcast Equipment S.A.: Euronext Brussels
(EVS.BR), Bloomberg (EVS BB), Reuters (EVSB.BR)
Liege, Belgium,
February 16, 2017 - EVS Broadcast Equipment, the
leading provider of live video production systems, today announces
it has recently signed a major contract related to a large upcoming
sporting event.
The deal covers equipment for the
live and near-live production infrastructure of the event and will
include video production servers, live replays, slow-mo and
on-the-fly editing solutions, advanced content management and media
sharing workflow systems and the EVS C-Cast technology offering
enhanced experience for viewers with multi-angle and exclusive
sequences delivery through second screen applications during the
live events.
The rental value of this contract
is around EUR 7 million. Around 15% will be booked in 2Q17. The
remainder will be booked in 2Q18 and 3Q18.
Note: All brands referred in this
document are officially registered trademarks.
For more information, please
contact:
Yvan ABSIL, CFO
Geoffroy d'OULTREMONT, Vice President Investor Relations
& Corporate Communication
EVS Broadcast Equipment S.A., Liege Science Park, 13 rue du Bois
Saint-Jean, B-4102 Seraing, Belgium
Tel: +32 4 361 70 14. E-mail:corpcom@evs.com;
www.evs.com |
Forward Looking Statements
This press release contains forward-looking statements with respect
to the business, financial condition, and results of operations of
EVS and its affiliates. These statements are based on the current
expectations or beliefs of EVS's management and are subject to a
number of risks and uncertainties that could cause actual results
or performance of the Company to differ materially from those
contemplated in such forward-looking statements. These risks and
uncertainties relate to changes in technology and market
requirements, the company's concentration on one industry, decline
in demand for the company's products and those of its affiliates,
inability to timely develop and introduce new technologies,
products and applications, and loss of market share and pressure on
pricing resulting from competition which could cause the actual
results or performance of the company to differ materially from
those contemplated in such forward-looking statements. EVS
undertakes no obligation to publicly release any revisions to these
forward-looking statements to reflect events or circumstances after
the date hereof or to reflect the occurrence of unanticipated
events.
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About EVS
EVS is globally recognized as the technology leader for live video
production. The company introduced Live Slow Motion replay in 1994,
and has continued to build on its reputation for quality and
reliability with solutions that enhance live sports, entertainment
and news content. Innovations - such as the C-Cast multimedia
platform and DYVI IT-based switcher - are raising the bar for live
production enrichment, management and distribution. Broadcasters,
rights owners, producers and venues alike use EVS to maximize the
value of their productions and increase revenue streams. The
company is headquartered in Belgium with around 500 employees in
offices in Europe, the Middle East, Asia and North America, and
provides sales and technical support to more than 100 countries.
EVS is a public company traded on Euronext Brussels: EVS, ISIN:
BE0003820371. For more information, please visit
www.evs.com
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The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: EVS Broadcast Equipment via Globenewswire
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