01:21:01 EDT Wed 01 May 2024
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MediaValet Inc (2)
Symbol MVP
Shares Issued 40,798,121
Close 2023-08-15 C$ 1.34
Market Cap C$ 54,669,482
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MediaValet provides DAM to EV charging network

2023-08-15 16:54 ET - News Release

Mr. Rob Chase reports

MEDIAVALET SELECTED BY A LEADING EV CHARGING NETWORK

MediaValet Inc. has been selected by a leader in electric vehicle charging networks (the customer). Commencing in August, 2023, with a prepaid first-year billing total of $116,000, the three-year subscription includes MediaValet's enterprise digital asset management (DAM) platform; audio/visual intelligence (AVI) engine; content delivery network (CDN) linking; branded portals; connectors for single sign-on, CI-Hub, O365, ClickUp and WordPress; application programming interface access for custom integrations; professional services; implementation services; and continuing training and support.

The customer is a fast-growing company that relies heavily on digital content across multiple file types (from images to video) to build its brand, represent its business and inform its customers across a vast charging network. Managing digital assets from ideation to creation to distribution to archival and future reuse is a challenging enough task, let alone the added complication of a rapidly changing network and employee base. MediaValet was selected over other DAM vendors for its hyperscalability, unlimited users, artificial intelligence-assisted video indexing with CDN linking and extensible API.

"Sound digital and business continuity strategies are essential for rapidly growing and changing business environments," commented Rob Chase, president and chief executive officer of MediaValet. "Working with the right DAM vendor who has the flexibility, security and scalability to be the single source of the truth for digital assets, and who can connect to your staff, partners, vendors and tech stack is a cornerstone of these strategies. Organizations of all sizes are realizing this and are the driving force behind the continued growth in the DAM market -- which is creating both greenfield and displacement opportunities for MV. We are excited to work with the customer as they fully understand the potential value of an integrated DAM solution and have purchased numerous connectors and services to ensure this potential is reached. We thrive in complex customer environments and look forward to the journey together."

About MediaValet Inc.

MediaValet stands at the forefront of the cloud-native, software-as-a-service, enterprise digital asset management, video content management and creative operations industries. Built exclusively on Microsoft Azure and available across 61 Microsoft data centre regions in 140 countries around the world, MediaValet delivers unparalleled enterprise-class security, reliability, redundancy, compliance and scalability, while offering the largest global footprint of any DAM solution. In addition to providing enterprise, cloud-native DAM capabilities at a global scale, desktop-to-server-to-cloud support for creative teams, and overall cloud redundancy and management for all source, WIP (work-in-progress) and final assets, MediaValet offers industry-leading integrations into Slack, Adobe Creative Suite, Microsoft Office 365, Wrike, Drupal, WordPress and many other best-in-class third party applications.

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