25.6.2024 09:00:00 CEST | Cyviz | Additional regulated information required to be disclosed under the laws of a member state

The orders include the installation of new Microsoft Envisioning Theaters in Oslo, New York, Redmond (Microsoft HQ), Amsterdam, a new Experience Center in Wien, along with upgrades to multiple existing theaters: 

  • Lyngby, Denmark
  • Milan, Italy 
  • Warsaw, Poland 
  • Toronto, Canada  
  • Burlington, USA 
  • Malvern, USA 
  • Silicon Valley, USA 
  • Edina, USA 
  • Houston, USA
  • Boston, USA

Since 2020, Cyviz has been working with Microsoft to upgrade its portfolio of Envisioning Theaters. The Envisioning Theaters are in their global Technology Center and Executive Briefing Center locations and are the centerpiece of all Microsoft customer engagements.

Cyviz has executed an Addendum to the existing Master Supplier Services Agreement with Microsoft, extending the Outsourced Services Statement of Work by 24 months. This extension provides a roadmap for completing their Global Envisioning Theater Refresh requirements. To date, Cyviz has completed 27 of Microsoft’s experience centers. 

The total value of the new installations, upgrades, and renewals is USD 6.6 million. 

“We are pleased that Microsoft continues to invest in our technology. I’m proud to continue our successful partnership with this key global account”, says CEO Espen Gylvik of Cyviz.

The Envisioning Theater is a central point for immersive customer briefings and demonstrations of Microsoft technology. Content, videos, lighting, and sound control create specific customer scenarios and environments.

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. 

Disclosure regulation

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

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

AboutCyviz 

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 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).

© NTB Norway, source NTB English Regulatory Releases