News Releases MediaValet Selected By Leading Tech Forward South American University We've been selected by a South American university that is ranked as the most innovative in its home country. November 9, 2021 Stephen Midgley Chief Marketing Officer 2 min read Vancouver, BC – November 9th, 2021 – MediaValet Inc. (TSX:MVP) (the Company), a leading provider of enterprise digital asset management and creative operations software, is pleased to announce that the Company’s cloud-native, enterprise software-as-a-service (SaaS) platform solutions were selected by a South American university that is ranked as the most innovative in its home country (the “Customer”). Commencing September 30th, 2021, the first-year billing of $87,000 includes an auto-renewing subscription (“Subscription”) to MediaValet’s core digital asset management (“DAM”) platform; its creative operations platform, CreativeSPACES; its Office 365, Azure Active Directory and Salesforce integrations; and professional services covering implementation, and ongoing training, support and library services.The Customer, an early adopter of cloud-based solutions, began its digital transformation in 2018 as it identified the need to become completely digital to streamline the teaching and learning experiences for today’s generation and beyond. This transformation was accelerated by the COVID pandemic as it had to quickly migrate delivery of over 5,000 courses and 80,000 classes from face-to-face to online. As a result, it became glaringly clear to their team that to deliver a positive student experience and to scale that experience into the future, they needed an enterprise-class, cloud-based digital asset management system that could seamlessly integrate into their digital IT stack. Given the importance of their digital strategy to the current and future needs of the university, the team, which included a cross-functional group from the dean to creative operations, communications and IT, undertook an extensive evaluation before selecting MediaValet.“We’re hyper-focused on supporting customers with enterprise DAM use cases,” commented David MacLaren, Founder and CEO of MediaValet. “The more assets, users, locations, security and compliance requirements the better. To be recognized by an innovative higher ed institution as the best solution for these exact reasons is a major point of validation for our vision. We aim to be the go-to leader in DAM and believe this new customer highlights both our progress and the possibilities for us in the rapidly growing and maturing DAM industry. With this deal, I’m proud to report that we now have over 360 customers and we’ve passed a critical milestone for SaaS companies: $10 million in recurring revenue!”About MediaValet Inc.MediaValet stands at the forefront of the cloud-native, software-as-a-service, enterprise digital asset management and creative operations industries. Built exclusively on Microsoft Azure and available across 61 Microsoft data center 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 and final assets, MediaValet offers industry-leading integrations into Slack, Adobe Creative Suite, Microsoft Office 365, Workfront, Wrike, Drupal, WordPress and many other best-in-class 3rd party applications.
News Releases MediaValet Now Available In The Microsoft Azure Marketplace We're happy to announce the availability of our software in the Microsoft Azure Marketplace. November 2, 2021 Stephen Midgley Chief Marketing Officer 2 min read Vancouver, BC – November 2nd, 2021 – MediaValet Inc. (TSX:MVP) (the Company), a leading provider of enterprise digital asset management and creative operations software, today announced the availability of its cloud-based digital asset management (DAM) software in the Microsoft Azure Marketplace, an online store providing access to applications and services built and available on Microsoft Azure. MediaValet customers can now take advantage of the streamlined purchasing, deployment and management provided by the Microsoft Azure Marketplace.As a transactable offer in the Microsoft Azure Marketplace, organizations can now cover 100 percent of their MediaValet subscription fees with their Azure consumption commitment benefit under their Microsoft Azure Consumption Commitment (MACC) or Commitment to Consume (CtC) agreement. Organizations that take advantage of the offer can streamline the procurement, management and renewal of MediaValet’s products and services along with all other Microsoft expenditures.MediaValet’s cloud-native, AI-rich, global enterprise DAM platform fuels today’s digital work environment; helping organizations improve productivity, increase ROI and drive revenue growth. Microsoft customers also have the option to purchase MediaValet through the Azure Marketplace using Visa, Mastercard, Discover or American Express credit cards.“This is a big step for MediaValet. We’ve been waiting for this since we first chose to build MediaValet on Microsoft Azure back in 2010,” said David MacLaren, Founder and CEO of MediaValet. “Being transactable on Microsoft’s commercial marketplace puts the power into our customers’ hands to consolidate their procurement processes and transact in a way that’s best for them. From helping streamline the procurement process to enabling customers to use their Azure consumption commitment benefit, we’re removing many of the purchasing hurdles for our customers with a Microsoft strategy.”This directive also provides an additional sales channel for MediaValet’s product offerings. In addition to allowing organizations to purchase directly through Microsoft’s commercial marketplaces, Microsoft field sellers are now incentivized to co-sell MediaValet, as they can now contribute MediaValet subscriptions directly toward their quarterly and annual sales quotas.“Microsoft Azure Marketplace lets customers worldwide discover, try, and deploy software solutions that are certified and optimized to run on Azure,” said Jake Zborowski, General Manager, Microsoft Azure Platform at Microsoft Corp. “Azure Marketplace helps solutions like MediaValet reach more customers and markets.”The Azure Marketplace is an online market for buying and selling cloud solutions certified to run on Azure. The Azure Marketplace helps connect companies seeking innovative, cloud-based solutions with partners who have developed solutions that are ready to use.Learn more about MediaValet at its page in the Azure Marketplace.About MediaValet Inc.MediaValet stands at the forefront of the cloud-native, software-as-a-service, enterprise digital asset management and creative operations industries. Built exclusively on Microsoft Azure and available across 61 Microsoft data center 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 and final assets, MediaValet offers industry-leading integrations into Slack, Adobe Creative Suite, Microsoft Office 365, Workfront, Wrike, Drupal, WordPress and many other best-in-class 3rd party applications.
News Releases MediaValet Announces Partnership With monday.com, Taking “Work Without Limits” To New Heights We've announced a partnership with monday.com to deliver collaboration for marketing and creative teams across the globe. November 1, 2021 Stephen Midgley Chief Marketing Officer 3 min read Vancouver, BC – November 1, 2021 – MediaValet Inc. (TSX:MVP) (the Company), a leading provider of cloud-native enterprise digital asset management (“DAM”) and creative operations software, and monday.com, a flexible work operating system (“Work OS”) that powers organizations to run and manage every aspect of their work, today announced a partnership to deliver seamless digital collaboration for marketing and creative teams across the globe.As companies pivot to prioritize digital initiatives, it’s become critical for marketing and creative teams to scale the creation and distribution of visual media. Central to this is the need for synchronized Work OS and digital asset management solutions. With over 127,000 customers around the world, across 200 business verticals, monday.com is the ideal partner in this opportunity. The combined benefits of MediaValet and monday.com will help organizations expedite time-to-market, ensure brand consistency, and scale up their digital marketing and creative operations.“The MediaValet integration is a thrilling addition to monday.com’s truly flexible Work OS, especially for addressing creative teams’ needs,” said Amit Goldenberg, Head of Tech Partnerships and Business Development at monday.com. “Through apps like these in our marketplace, we’re providing vendors with the ability to add their own capabilities to monday.com Work OS, tapping into our ever-expanding ecosystem. The integration helps diversify monday.com’s increasingly limitless customization capabilities. We look forward to partnering with many more companies in the coming year.”Using MediaValet’s API, this integration will allow monday.com’s customers to publish assets directly from monday.com to MediaValet. Upcoming enhancements to the integration will allow MediaValet users to attach assets in MediaValet to specific workflow tasks within monday.com, allowing project coordinators to pre-populate projects within monday.com with pre-approved media assets. Within the coming months, users will be able to easily move assets between MediaValet and monday.com, while ensuring assets are secure redundant and tracked at all times.“We’re very excited to partner with MediaValet and continue to transform the way marketing teams scale with monday.com’s Work OS,” said Gavin Watson, Industry Lead Marketing & Creative APAC at monday.com. “As the world becomes more digitized, we’re making digital collaboration more efficient and empowering any organization to customize, automate, and execute all their work in one place.”“Marketing, as a practice, is becoming increasingly dispersed and complex,” said David MacLaren, Founder & CEO at MediaValet. “Integrating with cutting-edge technology, like monday.com, is critical to ensuring our customer base is able to futureproof their operational workflows for the evolving environment. We’re extremely proud to be monday.com’s first digital asset management partner and to work together to bring the most cohesive experience and streamlined operations to both of our customer bases.”About MediaValet Inc.MediaValet stands at the forefront of the cloud-native, software-as-a-service, enterprise digital asset management and creative operations industries. Built exclusively on Microsoft Azure and available across 61 Microsoft data center 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 and final assets, MediaValet offers industry-leading integrations into Slack, Adobe Creative Suite, Microsoft Office 365, Workfront, Wrike, Drupal, WordPress and many other best-in-class 3rd party applications.About monday.comThe monday.com Work OS is an open platform that democratizes the power of software so organizations can easily build work management tools and software applications to fit their every need. The platform intuitively connects people to processes and systems, empowering teams to excel in every aspect of their work while creating an environment of transparency in business. monday.com has teams in Tel Aviv, New York, San Francisco, Miami, Chicago, London, Kiev, and Sydney. The platform is fully customizable to suit any business vertical, with 127,000 customers across over 200 industries in 190 countries.
News Releases MediaValet Selected By a Global Leader in Home Audio We've been selected by a U.S. based global leader in smart home audio solutions. October 21, 2021 Stephen Midgley Chief Marketing Officer 3 min read Vancouver, BC – October 21st, 2021 – MediaValet Inc. (TSX:MVP) (“MediaValet” or the “Company”), a leading provider of enterprise digital asset management and creative operations software, is pleased to announce that the Company’s cloud-native, software-as-a-service (SaaS) platform solutions were selected by a U.S. based global leader in smart home audio solutions (the “Customer”). Commencing September 30th, 2021, the first-year billing of $90,000 includes an auto-renewing subscription (“Subscription”) to MediaValet’s core digital asset management (“DAM”) platform; its creative operations platform, CreativeSPACES; its AutoCAD and Okta Single Sign-on integrations; and professional services covering implementation, and ongoing training and support.The Customer operates in over 60 countries with nearly 1,500 employees, has an extensive patented technology portfolio, generates over U$2Bn in revenue, and sells through thousands of online and physical retailers and partners. Their global brand team realized that their mission to revolutionalize home audio and to continue growing their global market would require them to level up their digital operations by replacing their various file management solutions with a single enterprise digital asset management platform. After a competitive bid process, MediaValet was selected for its commitment to innovation and for its vision of where DAM – as an industry and as a platform – is headed.“DAM is the future foundation of all organizations’ IT stacks – not just those of marketing departments. The accessibility, security and continuity of organizations’ digital assets can no longer be ignored, as doing so is severely hindering organizations’ overall performance and their ability to scale effectively,” commented David MacLaren, Founder and CEO of MediaValet. “While many organizations remain cautious due to the current economic climate, many others are taking advantage of the same climate to prepare their IT infrastructure for the next economic cycle.”“We’re proud to add yet another renowned household brand to our customer list and to be selected over our biggest competitors after a rigorous selection process. Throughout 2021, we’ve been adding, on average, over 25 new customers per quarter – up from just 18 per quarter in 2020. We’re cautiously optimistic that the increasing momentum will continue in 2022 as the global economy strengthens and more organizations return to investing in their futures. This optimism is also supported by Research and Markets’s recently released 2021 DAM Global Market Report in which they estimate the DAM market to be U$4.3Bn in 2021[1] and on its way to U$10.02Bn by 2026[2].”Mr. MacLaren continued, “We pride ourselves on our innovation and our laser-focus on uniquely solving the enterprise DAM needs of organizations today – and in the future. By providing an intuitive, easy-to-adopt, cloud-native, enterprise DAM platform that can scale from the smallest of customers to the largest, most complex organizations, we believe that we are uniquely positioned to continue leading in the DAM market. Winning the trust of customers like the one announced today is a testament to this vision and opportunity – which has enabled us to grow at a rate that is more than twice what Research and Markets estimates the global DAM market to be growing. With growth capital in place, we have been investing heavily in our team with a view to double our operational infrastructure; we are excited by the possibilities this creates for our customers, employees, partners and shareholders.”[1] Research and Markets; Digital Asset Management Global Market Report 2021: COVID-19 Implications and Growth[2] Research and Markets; Digital Asset Management Market – Forecasts from 2021 to 2026About MediaValet Inc.MediaValet stands at the forefront of the cloud-native, software-as-a-service, enterprise digital asset management and creative operations industries. Built exclusively on Microsoft Azure and available across 61 Microsoft data center 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 and final assets, MediaValet offers industry-leading integrations into Slack, Adobe Creative Suite, Microsoft Office 365, Workfront, Wrike, Drupal, WordPress and many other best-in-class 3rd party applications.
News Releases Jane Goodall Institute Selects MediaValet to Protect and Manage Over 60 Years of Scientific Research The Jane Goodall Institute has selected MediaValet to securely archive and manage over sixty years of digital assets. July 28, 2021 Stephen Midgley Chief Marketing Officer 3 min read Vancouver, BC – July 28th, 2021 – MediaValet Inc. (TSX:MVP) (“MediaValet” or the “Company”), a leading provider of cloud-native, enterprise, digital asset management and creative operations software, is excited to announce that the Jane Goodall Institute (“JGI”) has selected MediaValet to securely archive and manage over sixty years of historic and present-day scientific research and conservation digital assets. The 5-year, 100 TB agreement, provides JGI with the Company’s core enterprise DAM platform, Advanced Custom AI, Audio/Visual Intelligence (AVI), and professional services covering implementation, library services, training and support.Dr. Jane Goodall, founder of the Jane Goodall Institute, & UN Messenger of Peace, considered the world’s foremost expert on chimpanzees, and now global conservation icon, has spent the past sixty years advancing understanding of wild chimpanzees as well as helping protect their habitats through community-driven conservation and youth empowerment. Over the decades, Dr. Goodall and her team have amassed thousands of hours of handheld, drone and camera trap video footage, tens of thousands of photos, maps and satellite imagery, and an untold number of handwritten notes, diagrams and sketches. A primary initiative for JGI’s digital asset management work in 2021 is to digitize priority material, upload to MediaValet, and apply Advanced Custom AI and AVI to help scientists and storytellers alike sort, process and learn from the extensive collection of research and conservation assets. Once uploaded, MediaValet’s industry leading security and redundancy measures will ensure the JGI’s archive is protected from misuse and safe from loss at all times.Together, MediaValet and the Jane Goodall Institute are exploring how artificial intelligence, digital asset management and the Cloud can augment and revolutionize scientific research, conservation and storytelling at a global scale. From transcribing handwritten field notes to identifying specific animal behaviors across decades of video footage, the digitization and extensive metadata enrichment of JGI’s assets provides the ability to extend the knowledge to a much wider group of researchers, conservation professionals and storytellers simultaneously increasing the opportunity for scientific advancements and conservation.“From our decades of footage to an extensive archive of handwritten research, the Jane Goodall Institute holds a wealth of knowledge across a variety of media formats and locations,” shared Shawn Sweeney, Associate Vice President of Communications & Policy at the Jane Goodall Institute. “Taking the time to digitize this research and improve its discoverability and utility was a critical step to advance the vision and work of Dr. Goodall. We’re excited to be working with MediaValet and look forward to leveraging the latest in DAM, Cloud and AI technologies to ensure our past and future research and conservation efforts are not only preserved and discoverable in ways we’d never imagined, but also readily accessible by generations to come.”In addition to scientific research, the Jane Goodall Institute will be using MediaValet to address several other challenges facing the institute, including centralizing marketing and communications content; preserving Dr. Jane Goodall’s personal legacy; and enabling effective storytelling across all their distribution channels.“We’re extremely honoured and proud to be entrusted with preserving and extending Jane Goodall’s legacy,” shared David MacLaren, Founder & CEO of MediaValet. “Dr. Goodall’s name is well known in households around the world for her groundbreaking work studying chimpanzees and their habitat. As key advocates for the protection and conservation of the natural world, it’s critical to ensure Dr. Goodall’s story, and her research, is protected and accessible indefinitely.”About the Jane Goodall InstituteThe Jane Goodall Institute is a global community-centered conservation organization that advances the vision and work of Dr. Jane Goodall. By protecting chimpanzees and other great apes through collaboration with local communities, best in class animal welfare standards and the innovative use of science and technology, we improve the lives of people, other animals and the natural world we all share. Founded in 1977 by Dr. Goodall, JGI inspires hope through collective action, and is growing the next generation of compassionate changemakers through our Roots & Shoots youth program, now active in over 50 countries around the world.About MediaValet Inc.MediaValet stands at the forefront of the enterprise, cloud-native, software-as-a-service digital asset management and creative operations industries. Built exclusively on Microsoft Azure and available across 61 Microsoft data center 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 and final assets, MediaValet offers industry-leading integrations into Slack, Adobe Creative Suite, Microsoft Office 365, WorkFront, Wrike, Drupal, WordPress and many other best-in-class 3rd party applications.
News Releases MediaValet Selected By A Renowned Not-For-Profit Children’s Entertainment Organization We've been selected by a renowned North American not-for-profit organization specializing in children’s entertainment. July 20, 2021 Stephen Midgley Chief Marketing Officer 3 min read Vancouver, BC – July 20th, 2021 – MediaValet Inc. (TSX:MVP) (“MediaValet” or the “Company”), a leading provider of enterprise digital asset management and creative operations software, is pleased to announce that the Company’s cloud-native, software-as-a-service (SaaS) platform solutions were selected by a renowned North American Not-For-Profit (“NFP”) organization specializing in children’s entertainment (the “Customer”). Commencing June 30th, 2021, the first-year billing of $84,000 includes an auto-renewing subscription (“Subscription”) to MediaValet’s core digital asset management (“DAM”) platform; creative operations platform, CreativeSPACES; Audio/Video Intelligence (“AVI”) services; and professional services covering implementation, training and support.Throughout their 50+ year history, the Customer has been a mainstay for children’s TV entertainment. Their programs are renowned across many generations and hold a special place in the hearts of their viewers – both children and adults – who grew up watching their shows. An early adopter of DAM, they have used an on-premise legacy system for decades. The system required multiple on-premise servers, had very little vendor support, and was not capable of meeting the usability and accessibility requirements for the Customer to draw on their decades of programming for both marketing and monetization purposes. The NFP recently realized that due to the constraints of their legacy systems, they were missing a significant opportunity to bring their rich history to life to connect with and benefit the children of today. After a thorough and extensive vetting process, MediaValet was selected for its enterprise-grade platform, industry-leading AVI, 12-month product roadmap, and long-term vision for DAM.“We’re particularly proud of our work with NFP organizations, now representing 8% of our customer base and driving many new, high-value use cases, workflows and features that will benefit all of our customers,” commented David MacLaren, Founder and CEO of MediaValet. “To be a part of the future success of an organization that has positively impacted the lives of so many people over the last 50 years and counting is deeply rewarding to us. Our team worked closely with the Customer during the sales process to demonstrate MediaValet’s proprietary onboarding tools to convert the metadata and assets themselves from their current on-premise DAM and map everything to MediaValet with no loss of information or system integrity. In addition, our enterprise-class platform enables unparalleled uploading and previewing of 4K and 8K videos, and delivers an exceptional end-user video experience – no matter the connection or glass size. Two key parts of this are our new AVI module (which is currently in beta and expected to launch end of Q3’21, and enables unique AI-assisted metatagging and mapping of videos); and our dynamic video streaming platform. Together these give the Customer’s timeless programs a new life and makes them fully and easily accessible.”Mr. MacLaren continued, “We believe that DAM has a significant role to play in the NFP community. There are almost too many amazing organizations to count that have developed lifetimes of important cultural, educational, biological and environmental media-rich data. This includes stills to audio files, handwritten notes to handheld videos, textbooks to full production programming, and more. This rich data could unlock significant human knowledge and learning if digitized, aggregated, infused with metadata, and made accessible via a highly secure, redundant, and available DAM, like MediaValet. We’re empowered by the positive impact we can have on humanity by making these silos of knowledge fully accessible and usable, not only by the organizations themselves, but by the entire knowledge-based community. We’re looking forward to helping this Customer and other renowned not-for-profit organizations protect and extend their legacies for future generations to come.”About MediaValet Inc.MediaValet stands at the forefront of the cloud-native, software-as-a-service, enterprise digital asset management and creative operations industries. Built exclusively on Microsoft Azure and available across 61 Microsoft data center 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 and final assets, MediaValet offers industry-leading integrations into Slack, Adobe Creative Suite, Microsoft Office 365, Workfront, Wrike, Drupal, WordPress and many other best-in-class 3rd party applications.
News Releases MediaValet Selected By a Leading Space Technology Company We've been selected by a leading North American space technology company. July 15, 2021 Stephen Midgley Chief Marketing Officer 3 min read Vancouver, BC – July 15th, 2021 – MediaValet Inc. (TSX:MVP) (“MediaValet” or the “Company”), a leading provider of enterprise digital asset management and creative operations software, is pleased to announce that the Company’s cloud-native, software-as-a-service (SaaS) platform solutions were selected by a leading North American space technology company (the “Customer”). Commencing June 30th, 2021, the first-year billing of $75,000 includes an auto-renewing subscription (“Subscription”) to MediaValet’s core digital asset management platform; creative operations platform, CreativeSPACES; Audio/Video Intelligence services; Azure Single Sign-on integration; and professional services covering implementation, training and support.With global operations, multi-billion dollar revenues and a 60-plus year history at the forefront of space exploration technologies and solutions, the Customer has a clear need for enterprise-class solutions that will support and expand their digital transformation strategy. With complex 2D and 3D designs, extensive manufacturing specs, and program information needing to be securely shared globally across multiple stakeholder groups – covering thousands of employees across dozens of divisions and locations, partners, vendors, customers, investors and the media – the Customer was an early adopter of DAM. However, in today’s work-anywhere-anytime world, their incumbent DAM solution fell short on accessibility, interoperability, connectivity and scalability. MediaValet was selected for its ability to immediately address these shortfalls, as well as its ease of use for all stakeholders, its industry-leading video and artificial intelligence (AI) features, and its innovative creative operations platform.“We continue to see digital asset management rising to the top of CIO’s and CSO’s list of must-have technologies to build a sustainable, scalable and secure corporate-wide infrastructure as organizations prepare for the next phase of long-term growth,” commented David MacLaren, Founder and CEO of MediaValet. “We’re seeing this across all industry verticals, all geographies – globally. Manufacturing is leading this trend, generating 24% of our new customer business this year to date; with higher-education (11%), media and advertising agencies (8%), and government agencies (9%) following. These industries seem to be at the forefront of the trend to implement DAM across their organizations, providing the security, compliance, interoperability, and scalability required to increase the productivity, velocity, and continuity of their entire organizations. This trend, in addition to helping us deliver a first-quarter record for new customers in Q1’21, is driving increasing market demand and record pipeline activity for MediaValet.”Mr. MacLaren continued, “We stand apart as a cloud-native, enterprise DAM that simply can’t be outgrown – by any organization. We can easily, within days, meet the needs of a single department – in a single location; to those of a global corporation, with tens of thousands of users, tens of millions of assets; all with the ease of use, performance and security expected by the most demanding organizations. We’re renowned for our “customer experience”, high adoption rates, unlimited support and training, and unique industry-leading features, such as our 8K video platform, hybrid creative operations platform, and advanced Audio/Video Intelligence. And this is just to name a few of the reasons why many of the world’s well-known brands choose MediaValet to manage their most valuable assets. We feel our success to date is a testament to our vision for DAM and its role within organizations. We’re stalwart in our commitment to this vision and to continuing to deliver on our brand promise – to both our customers of today and of the future.”About MediaValet Inc.MediaValet stands at the forefront of the cloud-native, software-as-a-service, enterprise digital asset management and creative operations industries. Built exclusively on Microsoft Azure and available across 61 Microsoft data center 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 and final assets, MediaValet offers industry-leading integrations into Slack, Adobe Creative Suite, Microsoft Office 365, Workfront, Wrike, Drupal, WordPress and many other best-in-class 3rd party applications.
News Releases MediaValet Selected By Leading Direct-to-Customer Manufacturer We've been selected by a leading North American direct-to-customer manufacturer with over 4,000 employees. April 20, 2021 Stephen Midgley Chief Marketing Officer 3 min read Vancouver, BC – April 20th, 2021 – MediaValet Inc. (TSX-V:MVP) (“MediaValet” or the “Company”), a leading provider of enterprise digital asset management and creative operations software, is pleased to announce that the Company’s cloud-native, software-as-a-service (SaaS) solutions were selected by a leading North American direct-to-customer manufacturer (“Manufacturer” or the “Customer”) with over 4,000 employees. Commencing March 31st, 2021, the first-year billing of $156,000 includes an auto-renewing subscription (“Subscription”) of MediaValet’s enterprise, cloud-native digital asset management platform, CreativeSPACES and Branded Portals; integrations with Wrike and Azure Active Directory; Advanced Artificial Intelligence; and professional services covering implementation, training and support.Similar to retailer and consumer packaged goods (CPG) companies, as a dynamic direct-to-customer manufacturer, the Customer’s business depends on fresh, up-to-date and timely product designs, packaging and branding being available at all times across all of their customer-facing marketing and sales channels. At the same time, the productivity and velocity of their operations require all their teams and vendors to have access to their in-process and latest product designs and specs, as well as marketing and branding material. In their increasingly digital environment, the Manufacturer realized the critical importance of having a highly available, redundant and secure, single-source-of-truth for their product and brand assets. After an extensive review and selection process that began in late 2019, and was subsequently delayed for months due to the pandemic, they selected MediaValet for its global platform and industry-leading enterprise capabilities; ease-of-use; unlimited users, support and training; and innovative add-on modules.“In today’s digital world, DAM has become mission-critical for those organizations streamlining, optimizing and scaling their operations,” commented David MacLaren, Founder and CEO of MediaValet. “This is particularly true for the manufacturing sector where we continue to see strong growth, innovation and expansion. If you consider the challenges faced by manufacturers today, it quickly comes apparent why the segment is widely embracing DAM as part of their progressive digital transformation strategies. To be successful today and into the future, manufacturers require a DAM that can provide the accessibility, speed and ease-of-use their users expect – across all departments – while still providing the security, compliance, interoperability and scalability required by their business. This is exactly what we’re built for – helping customers win market share by increasing the productivity, velocity, and continuity of their entire business – not just that of single departments or teams.”Mr. MacLaren continued, “Winning this highly competitive bid is a testament to the value that organizations see in our vision for DAM and the path that we lay out, step by step, to get them there – with our help. Wins like this validate our unwavering investment in our platform and our team, and reflect the value our customers see in the unrivalled customer time-to-value and return on investment we deliver. As 2021 begins, we continue to lean in on platform development, enabling us to expand our total addressable market; and on our industry-leading sales, marketing, customer success and support teams, allowing us to further our renowned competitive advantage.”Added Rob Chase, Executive Chair and CFO, “We are now coming out of a full-year business cycle since the pandemic lockdowns began, and while we believe it has bolstered our long-term prospects by making DAM more mission-critical, it has also created a short-term headwind from longer and more complex sales cycles, along with increased churn in certain customer segments as organizations dealt with the economic fallout. Specifically, in Q1 last year the COVID lockdowns negatively impacted our new customer acquisition level, while our existing customer renewals weren’t impacted as most were already through the renewal process. In addition, Q1’20 included a $190,000 customer expansion. Since then, new customer acquisition levels have improved each quarter as the pandemic headwinds began to abate – and the win announced today is yet another sign of that trend continuing. In parallel, the pandemic has slightly increased churn levels, particularly in industries like tourism and travel, as well as across our smaller customers. This impacted Q2 thru Q4 last year and we expect it to continue into Q1’21. With the full-year renewal cycle of the pandemic now mostly complete, and the resulting toll it’s taken on the tourism and travel industry mostly reflected in our customer base, we expect existing customer net retention levels to start improving in Q2’2021 and beyond.”About MediaValet Inc.MediaValet stands at the forefront of the enterprise, cloud-native, software-as-a-service digital asset management and creative operations industries. Built exclusively on Microsoft Azure and available across 61 Microsoft data center 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 and final assets, MediaValet offers industry leading integrations into Slack, Adobe Creative Suite, Microsoft Office 365, WorkFront, Wrike, Drupal 8, WordPress and many other best-in-class 3rd party applications.
News Releases MediaValet Continues Winning Streak in Manufacturing Sectors We're please to announce that we continue to gain market share in the global manufacturing sectors March 1, 2021 Stephen Midgley Chief Marketing Officer 3 min read Vancouver, BC – March 1st, 2021 – MediaValet Inc. (TSX-V:MVP) (“MediaValet” or the “Company”), a leading provider of enterprise digital asset management and creative operations software, is pleased to announce that the Company’s cloud-native, software-as-a-service (SaaS) solutions continue to gain market share in the global manufacturing sectors. Approximately $185,000 of the Company’s new customer wins in the fourth quarter of 2020 were in the manufacturing industry, growing the vertical to nearly 15% of total recurring revenue.The new manufacturing customers all purchased subscriptions to MediaValet’s enterprise cloud-native digital asset management solution, onboarding and integration services, and add-on modules including CreativeSPACES, Adobe Creative Connector, and Azure Active Directory. MediaValet was selected for the security, redundancy and scalability of its industry-leading digital asset management platform that manages high-value media assets throughout their entire lifecycle; and its renowned, unlimited, one-to-one customer support and training.“We feel at home in the manufacturing industry as we’ve helped a wide array of companies across the various manufacturing sub-sectors since our early beginnings in 2010,” commented David MacLaren, Founder and CEO of MediaValet. “We’re happy to have been able to reduce costs and increase operational efficiencies for our manufacturing customers. Although our offerings are not specifically industry-focused, over the last decade we’ve become very comfortable with the nuances of the various and diverse manufacturing sectors around the world. More so than ever, in today’s media-rich, work-from-anywhere world, organizations need to have a strong, comprehensive digital strategy – and partners that understand their business and how their teams work. We believe this industry trend is agnostic and will continue to accelerate throughout 2021 and beyond as we put 2020 behind us.”Mr. MacLaren continued, “We’ve built our cloud-native SaaS solutions to address the enterprise digital asset management and creative operation use-cases being experienced by all sizes of organizations today, without the complexity, cost and time of traditional – and other cloud-based – enterprise DAM solutions. We’ve done this to significantly shorten customer time-to-value and increase overall customer ROI. Our approach makes enterprise DAM and creative operations solutions accessible to all organizations, no matter their scale or location, and clearly differentiates the Company from other enterprise DAM vendors. This is reflected in our customer base, which ranges from SMB to Fortune 1000 enterprise customers – the largest of which uses our software and services to manage over 8,000,000 digital assets in the cloud. This customer alone expanded their services by $81,000 in Q4’20, bringing their annual recurring revenue to $640,000. While the events of 2020 still weigh heavily on our global economy, we continue to see a promising level of new and existing customer activity, and believe we’re well-positioned to accelerate our growth in 2021 and beyond as the economy recovers and organizations embrace the digital strategies they need to ensure their long-term success.”Manufacturing sub-sectors adopting the Company’s cloud-native, enterprise SaaS digital asset management and creative operations solutions include petroleum, chemicals and plastics; clothing and textiles; electronics, computers and transportation; food production; wood and paper production; and metal manufacturing.About MediaValet Inc.MediaValet stands at the forefront of the enterprise, cloud-native, software-as-a-service digital asset management and creative operations industries. Built exclusively on Microsoft Azure and available across 61 Microsoft data center 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 and final assets, MediaValet offers industry-leading integrations into Slack, Adobe Creative Suite, Microsoft Office 365, WorkFront, Wrike, Drupal 8, WordPress and many other best-in-class 3rd party applications.
News Releases MediaValet Selected by Leading North American Airport Authority We've been selected by one of North America’s largest airport authorities. December 3, 2020 Stephen Midgley Chief Marketing Officer 2 min read Vancouver, BC – December 3rd, 2020 – MediaValet Inc. (TSX-V:MVP) (“MediaValet” or the “Company”), a leading provider of enterprise digital asset management and creative operations software, is pleased to announce that MediaValet has been selected by one of North America’s largest airport authorities (the “Customer”). Commencing November 29th, 2020, the three-year agreement includes an annual subscription (“Subscription”) for MediaValet’s enterprise digital asset management platform; CreativeSPACES; integrations with Azure Active Directory, Office 365 and Workfront; and professional services covering implementation, training and support. The total value of the agreement is $441,000, with first-year billings of $156,000.With over 50 million passengers per year, the Customer is a primary gateway to their region’s economy. While travel is down this year, the Customer is focused on building for a brighter future in which they’re better able to support the needs of their stakeholders. The digital future they envision requires a high degree of security, scalability and performance to support large volumes of digital media.“The digital, work-from-anywhere future that many have predicted and even dreamed of, has happened much faster than most expected,” commented David MacLaren, Founder and CEO of MediaValet. “Today, we have no choice but to find ways for our teams to work as easily as they do in the office – at home, on the road and abroad. Thankfully, we have the technologies to easily support and, in many cases, drive this new digital work environment that will increase productivity and reduce costs for all organizations.”Mr. MacLaren continued, “We’re extremely fortunate to be part of this new digital workplace that’s rapidly evolving across all industries and economies today. Digital assets are the building blocks, and the output, of all digital workflows. As organizations transform and mature digitally, digital assets become their main focus, as each takes a considerable amount of resources to create – no matter whether it’s a full-length motion picture or the 3D design of a simple bolt. DAM forms the foundation for digital workflows, maintaining, protecting and managing source, work-in-process and final assets throughout the creation process and thereafter, as the assets are rendered and distributed throughout corporate ecosystems.”Rob Chase, Chairman and CFO added, “We continue to see enterprise organizations take this opportunity to invest in their operational infrastructure. In fact, year to date, we’ve now added more net-new U$100,000 plus customers, in both number (up 150%) and total contract value (up 13%), than we did in all of last year. As things improve and more mid-sized organizations get a chance to look to the future, we expect to see similar increases across all customer segments. Thanks to our ongoing investments in product, infrastructure and people, our team is ready and looking forward to helping organizations regain lost ground and move forward.”About MediaValet Inc.MediaValet stands at the forefront of the enterprise, cloud-based digital asset management and creative operations industries. Built exclusively on Microsoft Azure and available across 61 Microsoft data center 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 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 and final assets, MediaValet offers industry-leading integrations into Slack, Adobe Creative Suite, Microsoft Office 365, Workfront, Wrike, Drupal 8, WordPress and many other best-in-class 3rd party applications.