Cyviz signs USD 0.9 million contract with Navy Federal Credit Union

03 Nov 2022 09:08 CET

3.11.2022 09:08:15 CET | Cyviz | Non-regulatory press releases

Cyviz has won a contract with Navy Federal Credit Union (Navy Federal) valued at
USD 0.9 million for the deployment of operation center software and hardware
solutions for Navy Federal's global security operations center in Florida. Navy
Federal is the largest natural credit union in the United States with 350
locations, USD 160 billion of assets, 12 million members, and 22,000 employees.

"The Cyviz collaboration solutions are ideal for comprehensive and mission
critical operations centers and are being selected by high-end customers in a
range of industries, including defense and security, energy, and information
technology. The contract with Navy Federal was won in fierce competition and is
evidence of Cyviz' ability to deliver according to the highest requirements,"
says Espen Gylvik, CEO of Cyviz, and continues:

"As the work-life starts to normalize after the pandemic, organizations invest
in long-term collaboration solutions. We experience great interest in Cyviz'
ability to provide dynamic, integrated and multi-purpose collaboration spaces
facilitating physical and virtual presence in an optimal way."

The installation will be completed by within Q1 2023.

CONTACTS

* Espen Gylvik, CEO, Cyviz AS, +4791330644, espen.gylvik@cyviz.com
* Marius Skagen, CFO & Investor Relations, Cyviz AS, +47 986 44 846,
marius.skagen@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, 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)

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