Company Name

CYVIZ AS

ISIN

NO0010015175

Market

Euronext Growth

Symbol

CYVIZ

1.7.2022 11:27:14 CEST | Cyviz | Non-regulatory press releases

"It is with great pleasure we can announce the approval of a new Outsourced
Services Statement of Work as an addendum to our Master Services Agreement with
our Fortune 500 customer Microsoft", says CEO Espen Gylvik of Cyviz

The approval of this agreement will allow Cyviz the opportunity to proceed with
the delivery of at least 12 additional Microsoft Envisioning Theaters. The
geographic dispersion of these theaters includes four centers in Asia-Pacific,
six centers in Europe and at least two additional centers in the Americas.

In the customers words, what sets Cyviz apart is "the ability to truly deliver
globally and consistently".

With this Cyviz has captured the approval of two more years of Envisioning
Theater Lifecycle Refreshes for Microsoft. The Envisioning Theaters are the
showcase rooms within the Microsoft Technology Centers and are where they tell
the Microsoft story to their key customers. Specific customer journeys and
environments are brought to life through dynamic digital content, videos,
lighting, and sound control. Microsoft is able to provide an equitable and
engaging hybrid collaboration experience by utilizing Cyviz's unique seamless
integration with Microsoft Team Room systems.

Experience & innovation centers are one of the fastest growing segments for
Cyviz as companies want to provide their employees and clients with an
immersive, destination experience that is unique and more impactful that just
virtual only meetings.

Since initiating the work with Microsoft formally less than two years ago in
September of 2020, we have contracted for 29 complete turnkey solutions in 14
countries. Microsoft is now the second largest customer in the history of Cyviz
with over $20 Million USD in bookings.

"This is a great accomplishment which strengthens our relationship with
Microsoft and makes future business both easier and predictable. This
emphasizing the continued engagement and predictability of future revenues",
says CEO Espen Gylvik.

CONTACTS

* Espen Gylvik, CEO, Cyviz AS, +4791330644, espen.gylvik@cyviz.com

ABOUT CYVIZ

Cyviz is a global technology provider for comprehensive conference and control
rooms as well as command and experience centers. Since 1998, Cyviz has
simplified the way the digital workforce connects, visualize, and collaborate
across technologies and critical data. The IT-driven solutions are easy to
deploy, manage and support. Today, Cyviz serves global enterprises and
governments with the highest requirements for usability, security, 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, Dubai, Jakarta, Houston, London, Oslo, Riyadh,
Singapore, Stavanger, or Washington DC.

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

More information:
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