Stockholm, Sweden - Net Insight, the leading provider in media transport and resource scheduling, today announces a significant order from an existing North American service provider.

The existing customer is expanding its network reach in North America. Net Insight and the customer has a long-term partnership since many years back.

The order value exceeds SEK 13 million and is expected to be shipped before the year-end of 2016.

For further information, please contact:
Fredrik Tumegård, CEO of Net Insight AB, +46 8 685 04 00, fredrik.tumegard@netinsight.net

Thomas Bergström, CFO of Net Insight AB, +46 8 685 04 00, thomas.bergstrom@netinsight.net

This information is information that Net Insight AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 11.00 CET on December 19, 2016.

About Net Insight

Net Insight's vision is to enable a live and interactive media experience for anyone on earth. Our aim is to lead progress and enable a global media marketplace where live content can be exchanged and interaction among TV audiences can take place in real-time. We want to create the media experience of the future, centered on content.

Net Insight delivers products, software and services for effective, high-quality media transport, coupled with the effective management of resources, all, which creates an enhanced TV experience. Net Insight's offerings span across the entire media spectrum, starting from TV cameras and TV studios, right through to the TV consumers. Our solutions benefit network operators, and TV and production companies, by lowering total cost of ownership, improving their workflow efficiencies and providing them with the ability to capture new business opportunities.

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

For more information, please visit netinsight.net



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Source: Net Insight AB via Globenewswire

Source(s) : Net Insight AB