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Regulatory press release

CYVIZ: Microsoft Continues to Invest in Cyviz Technology with Orders Worth USD 4.6 Million

Cyviz
8.8.2024 09:00:10 CEST | Cyviz | Non-regulatory press releases

Cyviz announces new orders from Microsoft to develop and upgrade Envisioning
Theaters in various global locations. Since June, the company has announced new
orders from Microsoft with a total value of USD 11.2 million.

The new orders include the installation of Microsoft Envisioning Theaters in the
following locations:

* Brussels, Belgium
* Johannesburg, South Africa
* Tel Aviv, Israel
* Seoul, South Korea
* Istanbul, Turkey

Additionally, an upgrade to an existing theater will be carried out at
Microsoft's HQ in Redmond, U.S.

Since 2020, Cyviz has been working with Microsoft to upgrade its portfolio of
Envisioning Theaters. The Envisioning Theaters are located at their global
"Innovation Hubs" (previously Microsoft Technology Centers) and Executive
Briefing Center locations and are the centerpiece of all Microsoft customer
engagements.

"We are pleased that Microsoft continues to invest in our technology. It
confirms the value of the strategic partnership between the parties," says Cyviz
CEO Espen Gylvik.

Experience & Innovation Centers are one of the fastest-growing segments for
Cyviz as companies want to provide their employees and clients with an
immersive, unique, and impactful, virtual destination experience.

The upgrades will start immediately, with all installations and upgrades
expected to be completed by the end of 2025.

CONTACTS

* Ellen Kristine Lome, Chief People & Communications Officer, Cyviz AS,
+4790624524, ellen.lome@cyviz.com
* Espen Gylvik, CEO, Cyviz AS, +4791330644, espen.gylvik@cyviz.com
* Karl Peter Gombrii, CFO, Cyviz, (+47) 92822969, karl.gombrii@cyviz.com

ABOUT CYVIZ

About Cyviz

Cyviz is a global technology provider for comprehensive conference and control
rooms as well as command and experience centers. Since 1998, we have created
next level collaboration spaces, assuring inclusive meeting experiences for in
person and remote attendance.

Cyviz serves global enterprises and governments with the highest requirements
for usability, security, decision making and quality. The cross-platform
experience Cyviz delivers to manage and control systems and resources across the
enterprise, makes Cyviz the preferred choice for customers with complex needs.

Find out more on www.cyviz.com - http://www.cyviz.com or visit one of our Cyviz
Experience Centers in Atlanta, Benelux, Dubai, Houston, Jakarta, London, Oslo,
Paris, Riyadh, Singapore, Stavanger, or Washington DC.

Cyviz is listed on Euronext Growth at the Oslo Stock Exchange (ticker: CYVIZ).
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