EVS Broadcast Equipment

October 25, 2011 11:53 ET

EVS Broadcast: Panorama picks EVS systems through a all-time record deal exceeding EUR 10 million

OUGREE, BELGIUM and LIEGE, BELGIUM--(Marketwire - Oct 25, 2011) - EVS (BRUX: EVS) (Bloomberg: EVS BB) (Reuters: EVSB.BR) (PINKSHEETS: EVBEF), the leading manufacturer of live broadcast and media production systems, is announcing the signature of a multi-million deal with Russian OB facility company Panorama to provide high definition production servers and associated content production and management solutions.

Panorama, initially Ano Sports Broadcasting is the largest Russian unified facility company, created in December 2009 by Channel One, VGTRK, NTV and RIA News. It has commissioned the integration of several new high definition mobile production units (Outside Broadcast - "OB" vans) to Sony Professional Europe. The new fleet will be composed by 12 OB units of different sizes ranging between 10 and 24 cameras, and including the best-of-breed technologies from different broadcast and media industry suppliers. The choice of Panorama for EVS servers and live controllers as a standard solution for their new mobile units results from the extreme reliability combined with the live oriented architecture of EVS technologies. In addition, EVS was the only system provider to guarantee such as fast level of technology implementation while guarantying a large acceptance of its solutions by broadcast specialists and advanced operators. The complete solution comprises an extended range of EVS products including the new XT3 production and media server, removable storage system XF2 and advanced production content management system IPDirector. As part of the deal, EVS will also train more than 1,500 operators in Russia, creating a large community of operators in that region of the world.

Last spring, EVS got a purchase intention for equipping 12 OB Vans for an amount exceeding EUR 10 million in 3 tranches. The first two similar orders have been received in May and October 2011 and do exceed EUR 6 million together. These two tranches will have been delivered in 2011. The third tranche of commitment is expected early 2012 for delivery in 2012.

Hugues Lambert, Russia, Central & Eastern Europe Sales Manager says: "EVS has been active in Russia for more than 10 years and, together with our local partners, we have successfully implemented large tapeless workflows such as digital TV Newsrooms, Outside Broadcast solutions and many TV production applications. We are very grateful of the recognition and the support of Panorama and its founding partners, who are also the main TV stations in Russia. This confirms the strong development of our company in Russia, which has also been elected as host country for a few key sporting events in the coming years (eg. Summer Universiades 2013 in Kazan, Winter Olympic Games in Sochi in 2014 and Football World Cup in 2018)."

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' management 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.

About EVS Group

EVS Broadcast Equipment designs leading broadcast and media production systems for sports, news and TV entertainment. Its innovative Live Slow Motion system revolutionized live broadcasting, and its reliable and integrative tapeless solutions are now widely used for non-linear editing and 3D HD productions across the globe. The company is headquartered in Belgium and has offices in Europe, the Middle East, Asia and North America. Approximately 400 EVS professionals from 20 offices are selling its branded products in over 90 countries, and provides customer support globally. The company's dedicated hardware and software suite offer a complete production platform: live slow motion (LSM), high speed slow motion, replay only, clips generation, quick clips editing, real-time SD/HD video files transfer, time delay, multi-camera recording, metadata association, graphics storage and play- out, digital transmission, multi-format ingest and play-back, audio record & edit, webcasting, mobile phone clipping. Main software applications like the "IP Director®" are running on the dedicated robust and flexible hardware the "XT[2]® Platform". The world's leading broadcasters, such as NBC, BSkyB, FOX, RTBF, RTL, NHK, CANAL+, ABC, ESPN, TF1, CCTV, PBS, CBS, BBC, ZDF, Channel One, Channel7, RAI, TVE, NEP, MEDIAPRO, EUROMEDIA, BEXEL, ALFACAM and many others use EVS' solutions. EVS is a public company traded on Euronext Brussels: EVS, ISIN: BE0003820371. For more information, refer towww.evs-global.com, www.evs.tv XDC, of which EVS owns 41.3%, is the European leader for Digital Cinema technology and services in Europe with more than 4,900 committed digital screens in Europe, out of which 2,000 have already been deployed.www.xdcinema.com

Disclaimer: All brands referred in this document are officially registered trademarks.

Press release in pdf format: http://hugin.info/133958/R/1557782/481019.pdf

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that:

(i) the releases contained herein are protected by copyright and other applicable laws; and

(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: EVS Broadcast Equipment via Thomson Reuters ONE


Contact Information

  • For more information, please contact:
    Jacques GALLOY, Director & CFO
    Geoffroy d'OULTREMONT, Investor Relations & Corporate Communications
    EVS Broadcast Equipment S.A., Liege Science Park, 16 rue du Bois Saint-
    Jean, B-4102 Ougrée (Liège), Belgium
    Tel: +32 4 361 70 14
    E-mail: Email Contact