Elettronica
EVS Broadcast Equipment signs multi-year contract with NEP Group
EVS Broadcast Equipment, the leading provider of live video production systems, today announced it has signed the company's largest contract with NEP Group, the leading international broadcast services company. The deal covers a large number of EVS server upgrades for assets that NEP owns and operates across its worldwide network of companies.
The contract is valued slightly above USD 15 million. Upgrades to equipment will be delivered from 2016 through 2018, and revenue will be recognized accordingly.
NEP is a longstanding major EVS customer, and this multi-year contract underscores their long-term confidence in EVS solutions. The investment in the EVS upgrades demonstrates NEP's commitment to keeping its equipment well positioned to handle changing and future industry needs.
NEP provides the technology and know-how to enable clients to produce the worlds' biggest live and broadcast events around the globe. The company is the leading worldwide provider of outsourced production solutions offering technical services for remote production, studio production, video display, host broadcasting, post production, smart asset / media management, multi-screen delivery and end-to-end OTT solutions. NEP's team of more than 2,000 employees is driven by passion and a focus on technical innovation, and together they have supported productions in over 65 countries on all seven continents. Headquartered in the United States, NEP has offices in Canada, the United Kingdom, Ireland, the Netherlands, Sweden, Norway, Denmark, Germany, Finland, Switzerland, Belgium, the United Arab Emirates, and Australia . For more information, please visit www.nepinc.com
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
Note: All brands referred in this document are officially registered trademarks.
Copyright GlobeNewswire
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Source: %s via Globenewswire