Vancouver, BC – November 6th, 2023 – MediaValet Inc. (TSX:MVP) (“MV”, “our”, “we”), a leading provider of enterprise digital asset management (DAM), video content management and creative operations software, is pleased to announce the MV DAM was selected by a national governing body for a professional sport association (the “Client”). Commencing in November 2023, with prepaid first-year billings of $115,000, the two-year annually paid subscription includes the MV DAM platform; Audio/Visual Intelligence (“AVI”) engine; CDN Linking; Branded Portals; CI-Hub connector; API access for custom integrations; implementation services; and ongoing training and support.

With their sport newly added to the Olympics, the Client relies heavily on its DAM to facilitate a digital content strategy that is visually representative of its exciting and growing sport and community. To do so, in addition to being excellent at image file types, their DAM needs to have best-in-class support for rich video assets. The Client was unable to solve this need with their incumbent DAM vendor, and after completing their diligence, selected MV to be their new DAM of record moving forward.

“We’re excited to be off to a good start for our fourth quarter with being selected to support this dynamic and growing sporting community,” commented Rob Chase, President and CEO of MediaValet. “We’ve unseated a competitor largely due to our capability to manage video of the highest definition, including up to 8K, and to the power of our AVI engine.AVI is part of our AI suite, and enriches video metadata with faces, objects and colours, and provides full transcription and translation, complete with tagging to the exact moment in the video. This makes videos searchable in numerous ways – from face recognition to words and phrases, to colours and more. With AVI, our customers can pinpoint the exact moments they want to share and use to build their brands and communities. We look forward to helping our new Client succeed in representing and building their sporting community to its fullest potential.”

Vancouver, BC – November 2nd, 2023 – MediaValet Inc. (TSX:MVP) (“MV”, “our”, “we”), a leading provider of enterprise digital asset management (DAM), video content management and creative operations software, is pleased to announce that the MV DAM was selected by a global leader in public relations and communications (the “Agency”). Commencing in September 2023, with prepaid first-year billings of $125,000, the two-year annually paid subscription includes the MV DAM platform; Audio/Visual Intelligence engine; CDN Linking; Branded Portals; connectors for Single Sign-On, CI-Hub and O365; API access for custom integrations; implementation services; and ongoing training and support.

Over the last five decades, the award-winning Agency has built a global reputation for excellence in public and investor relations and communications. Operating under multiple brands, and as a creator of high-value, high-volume and high-definition digital content for its clientele, a best-in-class digital content strategy is critical to their success. To support their services, their creative teams required a DAM that was well architected to handle multiple brands at a hyper-scale of global collaboration and sharing – that could facilitate secure distribution of a high volume of rich assets, built by hundreds of global creators, to thousands of external clients around the globe. After an extensive 165-day bid process and competitive pilot project, the Agency selected MV as its DAM of record.

“We are proud to have met the high bar set by this mid-enterprise sized Agency,” commented Rob Chase, President and CEO of MediaValet. “In our commitment to pure-play cloud DAM, we have long held the view that the architectural backbone of a DAM is critical to long-term success for both us and our clients. We rank as the best-in-class for security, upload volume and file size, geographical reach, and AI-assisted search. Add to this best-in-class ratings for support and ease of use, and we believe we have an unrivalled offering for organizations looking to unlock the power of DAM as a competitive advantage – or as we call it ‘HotDAM!’. We look forward to unlocking this type of value for our new Agency client in the years ahead.”

About MediaValet Inc.

MediaValet stands at the forefront of the cloud-native, software-as-a-serv ice, enterprise digital asset management, video content 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, Wrike, Drupal, WordPress and many other best-in-class 3rd party applications.

Vancouver, BC – October 30th, 2023 – MediaValet Inc. (TSX:MVP) (the Company), a leading provider of enterprise digital asset management (DAM), video content management and creative operations software, is pleased to announce that it was selected by a global leader in public safety technology (the “Customer”). Commencing in September 2023, with a prepaid first-year billing total of $322,000, the one-year subscription includes MediaValet’s enterprise digital asset management (“DAM”) platform; Audio/Visual Intelligence (“AVI”) engine; CDN Linking; Branded Portals; connectors for Single Sign-On, CI-Hub, O365, Slack, Monday.com and Salesforce Sales Cloud; API access for custom integrations; professional services; implementation services; and ongoing training and support.

As a mid-enterprise organization that has been providing public safety solutions for over 30 years, the Customer has a rich history of physical and digital content that is essential to their strategic mission. The challenges of efficiently managing and leveraging the potential of this content in a fast-paced, digital-first world had become a critical risk factor, leading them to search for a DAM solution. In addition to the ability to scale and create a force multiplier for their teams, a highly secure DAM solution was also a critical factor. MediaValet was successful in the bid as it met these critical factors, while also providing unlimited users and the ease-of-use characteristics to enable internal adoption.

“We are honoured to have been selected and are looking forward to delivering HotDAM! with the unrivalled support that we’re known for,” commented Rob Chase, President and CEO of MediaValet. “This new Customer is a testament to the need and opportunity for DAM to help address both the cost optimization and the market expansion needs of organizations in today’s tough economic climate. In addition, we are excited to have been recognized for our security as we pride ourselves in having the highest security ranking of any DAM vendor, according to SecurityScorecard. This is also a theme we’re seeing lead to increasing opportunities with security-focused organizations in, or serving, industries like finance, government and healthcare. Our customer experience teams look forward to setting the Customer up for success and to creating a long-term, value-adding, and expanding relationship.”

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 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, Wrike, Drupal, WordPress and many other best-in-class 3rd party applications.

Vancouver, BC – October 24th, 2023 – MediaValet Inc. (TSX:MVP) (the Company), a leading provider of enterprise digital asset management (DAM), video content management and creative operations software, is proud to announce the winners and finalists of the inaugural MVP Awards. These awards recognize and celebrate outstanding achievements in the digital asset management (DAM) space, honoring MediaValet customers who have demonstrated exceptional dedication, innovation, and performance.

The awards opened for nominations on September 5th and received submissions from a wide range of DAM professionals working at organizations across industries, user roles and revenue segments. The variety of submissions demonstrates the value DAM brings to organizations beginning with the marketing team and expanding into other departments such as sales, HR, and operations. Common themes within submissions included DAM maturing within organizations, digital transformation and the quantifiable impact DAM has on organizational performance.

The judging panel for the MVP Awards included prominent figureheads from the DAM industry including David Lipsey, Managing Partner, FCx3, LLC, John Horodyski, Executive Director at Salt Flats and Lisa Grimm, Executive Consultant at ICP.

The awards were presented in five categories:

1. MVP of the Year: This award goes to the highest-scoring submission and DAM user who has consistently demonstrated leadership, expertise, and vision.

Winner: A multi-national entertainment conglomerate

2. Team Player: This award recognizes the DAM user who has shown outstanding efforts towards expanding DAM across their organization.

Winner: Jack Rowley, Fred Rogers Productions

3. Innovator: This award honors the DAM user that is an early adopter of new features and innovative use cases.

Winner: James Langan, ACAMS

4. High Performer: This award goes to the individual or team that has consistently delivered exceptional results with their DAM.

Winner: Danielle Andersen & Samantha Beckman, Knute Nelson

5. Budding Star: This award celebrates a new MediaValet user who’s making the right moves to set their team up for DAM success.

Winner: Jon Grusky, HYTORC Division, UNEX Corporation

Finalists for the awards included leading organizations, such as United Way of King County, Miami-Dade County and the City of Kawartha Lakes.

“Our customers are doing impactful work championing digital transformation at their organizations; driving collaboration and change management; and empowering their teams and organizations to achieve their goals,” said Brona O’Connor, VP of Marketing at MediaValet. “They deserve to be acknowledged and celebrated as they’re bringing immense value to their organizations and driving quantifiable results.

“We’re thrilled to launch the first MVP Awards to recognize the outstanding achievements and contributions of these winners and finalists in the DAM space. Their dedication, innovation, and excellence have set the bar high for our first MVP Awards, and we are excited to see how they will continue to shape the future of digital asset management.”

MediaValet would like to extend its congratulations to all the winners and finalists of the Digital Asset Management MVP Awards. We look forward to continuing to celebrate and support excellence in the DAM industry.

A panel of winners and finalists will be speaking at MediaValet’s upcoming DAM Week beginning November 7th – a 3-day webinar series focused on education, inspiration and fostering community in DAM. Register for the sessions here.

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 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, Wrike, Drupal, WordPress and many other best-in-class 3rd party applications.

Vancouver, BC – September 19th, 2023 – MediaValet Inc. (TSX: MVP) (the Company or MV), a leading provider of enterprise digital asset management, video content management and creative operations software (“DAM”), is pleased to announce that it has pledged to be carbon neutral by 2025, and that the MV DAM itself is already green today and is helping customers attain their carbon reduction goals.

“We are passionate about the climate and doing our part to help create a greener future”, commented Rob Chase, President and CEO of MediaValet. “We have long been a low-carbon intensity vendor, and in March of this year, we officially kicked off our ‘HotDAM! for a Cool Climate’ initiative (HD4CC). The HD4CC initiative includes a fulsome assessment of our carbon footprint, a credible plan to becoming carbon neutral by 2025 and a clear understanding of how we are already helping customers with their carbon neutrality goals, today. We estimate that the scope 1, 2 and 3 carbon emissions saved for our 500+ and growing customer base by managing their data in the MV DAM vs on-prem is the equivalent to taking 1,6731,2 cars off the road every year.”

Shared Jean Lozano, CTO of MediaValet, “Our MediaValet platform is already green, in large part due to our best-in-class architectural backbone that was built from the start to be highly efficient at scale. This led to many architectural decisions that separate us from the competition – 100% cloud, true multi-tenanted, Multi-File Standard, attribute-based access controls, enterprise security, accessibility, and more – and that have led to us achieving an excellent rating under the Azure Well-Architected Framework, a framework designed by Microsoft to help optimize cloud workloads for green IT. This best-in-class focus also required selecting the right platform partner and we’re delighted to be working with Microsoft.”

According to The Carbon Benefits of Cloud Computing: A Study on the Microsoft Cloud conducted by Microsoft Corporation and WSP, the Microsoft cloud is up to 93 percent more energy-efficient than traditional enterprise data centres, in part due to the potential for large-scale purchases of green-power that can help ensure a low carbon footprint.

“Operating our digital infrastructure on Microsoft Azure is in line with our ongoing commitment to sustainability,” continued Mr. Lozano. “This decision further enables us to provide a green DAM solution today, without compromising on building an enterprise-class, scalable, flexible and secure DAM.

Importantly, no other cloud platform or DAM vendor has come close to the level of commitment and excellence in sustainability that Microsoft has delivered – we are proud to bring this excellence to our customers.”

Commented Kathleen Mitford, Corporate Vice President, Global Industry Marketing, “At Microsoft, we have made sustainability a cornerstone of our business.With Microsoft Azure, we are focusing on efficiency gains through architectural and operational design, combined with renewable energy purchases. We are encouraged to see partners recognize and trust us as their platform of choice. MediaValet has embraced these concepts and in doing so has delivered significant benefit to their customers.”

Commented Rob Chase, “While we’re already a low-carbon vendor, we have identified numerous operational improvements to further reduce our carbon intensity as part of our HD4CC initiative. Getting to neutrality will still require some carbon offsets, but we recognize that any credible plan must first seek to minimize carbon emissions. The good news is that most of these changes are also good for our DAM architecture, making us more efficient for content at scale and adding more value for customers. We look forward to bringing MediaValet to Net Zero by 2025 and, helping our customers meet their sustainability goals.”

1 Microsoft Emissions Impact Dashboard for Azure

2 Ostrom Climate Car Emission Calculator

3 Microsoft Cloud Carbon Study 2018

Vancouver, BC – September 5th, 2023 – MediaValet Inc. (TSX:MVP) (the Company, MV), a leading provider of enterprise digital asset management (DAM), video content management, and creative operations software is excited to unveil a new brand and the redesigned website that pushes the increasing momentum of the HotDAM! movement to new heights and signals a new era for the business. This transformative relaunch encompasses a captivating new logo, a cutting-edge re-vamped website, and a bolder approach in showcasing the MV DAM and further defining why MediaValet was voted the number 1 Enterprise DAM platform by G2 Crowd. These changes reflect the Company as a trailblazer in the DAM industry and show its courage to push boundaries and a commitment to constant innovation.

A Symbol of Evolution and Innovation

The heart of the MediaValet brand relaunch is the new company logo. Crafted with meticulous attention to detail, the logo encapsulates the essence of the company’s evolution and illustrates MediaValet’s value as the central hub for all digital assets moving through the content journey. The vibrant colors and modernized design symbolize the energy and innovation that will define MediaValet’s new era.

An Immersive Digital Experience

The new company website is designed to be an immersive experience that captivates its audience right from the first landing page. As the digital storefront for the company, it’s important that the visitor follows an intuitive navigation, and enjoys a more visually engaging layout to make it easier than ever for visitors to explore MediaValet’s comprehensive DAM solution and build their DAM knowledge.

“MediaValet is a powerful DAM solution for content at scale, with an incredible DAM team and customer base”, said Brona O’Connor, VP of Marketing at MediaValet. “Our public brand needed to reflect the innovation and vibrancy of the culture at MediaValet. It was time to make a bolder splash in the DAM industry. As we worked on the rebrand and new website experience, we launched our head-turning campaign, HotDAM!. That gave a glimpse into the new tone and boldness coming from MV and was a taste of what was to come. This transformation showcases our unwavering dedication to pushing creative boundaries and creating an unparalleled digital experience for our customers. We’re not just adapting to change; we’re driving it, and we’re excited to continue exceeding expectations on this exciting journey.”

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 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, Wrike, Drupal, WordPress and many other best-in-class 3rd party applications.

Follow MediaValet: Blog, Twitter and LinkedIn

Visit:www.mediavalet.com

For further information, please contact:

Rob Chase

Tel: (604) 688-2321

[email protected]

Babak Pedram

Tel: (416) 646-6779

[email protected]

Vancouver, BC – August 15th, 2023 – MediaValet Inc. (TSX:MVP) (the Company), a leading provider of enterprise digital asset management (DAM), video content management and creative operations software, is pleased to announce it was 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 3-year subscription includes MediaValet’s enterprise digital asset management (“DAM”) platform; Audio/Visual Intelligence (“AVI”) engine; CDN Linking; Branded Portals; connectors for Single Sign-On, CI-Hub, O365, ClickUp and WordPress; API access for custom integrations; professional services; implementation services; and ongoing 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 their brand, represent their business and inform their customers across a vast charging network. Managing digital assets from ideation to creation to distribution to archival and future re-use 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 hyper scalability, unlimited users, AI-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 CEO 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 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, Wrike, Drupal, WordPress and many other best-in-class 3rd party applications.

Image Credit: Taina Sohlman – stock.adobe.com

Vancouver, BC – July 27th, 2023 – MediaValet Inc. (TSX:MVP) (the Company), a leading provider of enterprise digital asset management (DAM), video content management and creative operations software, is pleased to announce it was selected by a U.S. leader in mutual insurance services (the “Customer”). Commencing in June 2023, with a prepaid 3-year billing total of $194,000, the 3-year subscription includes MediaValet’s enterprise digital asset management (“DAM”) platform; Audio/Visual Intelligence (“AVI”) engine; CDN Linking; connectors for Single Sign-On and CI-Hub; API access for custom integrations; professional services; implementation services; and ongoing training and support.

Like many organizations who have adopted work-from-anywhere policies in response to the pandemic, the Customer’s digital strategy has become mission critical. The management of digital media assets can quickly become a fail-point of any digital strategy; a pain point that the Customer’s marketing team realized could be solved with the right DAM partner. Up to now, their image and video content was spread across cloud and on-premise storage solutions which created bottlenecks and consumed valuable marketing resources trying to locate and share content in the right place and format at the right time. The Customer needed a DAM that could better manage their large volumes of assets, integrate seamlessly with their website content management system, and provide valuable usage analytics to evaluate the effectiveness of their content. After an extensive search and an elongated sales-cycle due to macro-factors, they selected MediaValet for its Video Intelligence capabilities (AI Suite), ease-of-use and integration, security and user support.

“Digital trends continue to move DAM to the must-have list for all industries and sizes of organizations, including for those in the finance and insurance sector”, commented Rob Chase, President and CEO of MediaValet. “The Customer is one of three new customers in this sector that selected MV this quarter and the segment now represents nearly 5% of our ARR. The three new customers range in size from SMB to large enterprises and from departmental to organization-wide deployments. As a highly regulated industry with intangible products and services, how their offerings are conveyed via digital media is a cornerstone of success. To deliver on their digital needs quickly, effectively and cost-efficiently, they require a DAM that is easy to use, is highly secure, is hyper-scalable and can connect seamlessly with their critical tech stack solutions.”

Continued Chase, “We are honored that our product vision and HotDAM! mission is hitting the mark with customers such as these. While deal cycles continue to be lengthy in today’s economic climate, we are encouraged by the continued tailwinds for DAM, and by the fact that these customer wins came directly from our website and marketing campaigns showcasing the value and impact of DAM, the incredible customers we work with and the HotDAM! Moments they achieve by leveraging MediaValet.”

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 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, Wrike, Drupal, WordPress and many other best-in-class 3rd party applications.

Vancouver, BC – July 19th, 2023 – MediaValet Inc. (TSX:MVP) (the Company), a leading provider of enterprise digital asset management (DAM), video content management and creative operations software, is pleased to announce the launch of its new Face Recognition feature as an annual subscription add-on module for new and existing customers, offering an efficient method to automatically detect and tag individuals within images – enabling a streamlined search process, and deeper protection against asset misuse.

MediaValet’s Face Recognition feature natively leverages Microsoft’s advanced AI technology to enhance its customers’ Digital Asset Management (DAM) experience. Once a user has tagged an individual in an image, the Face Recognition feature ingests the data, trains an AI model and uses the model to tag all other images containing that individual within their library, as well as in future uploads.

This feature is critical to customers with large-scale image libraries, as it allows them to:

• Simplify and automate the individual tagging process, which would otherwise be a manual and time-intensive task for administrators;
• Enable users to easily and quickly find assets that contain specific individuals, streamlining the image discovery and selection process; and
• Enhance security measures, enabling administrators to better manage access controls and usage rights for images containing individuals.

Over the past five years, MediaValet has released a full suite of AI features using its Cognitive Metadata Framework. This Framework, developed by MediaValet, ensures that AI is implemented in a way that enhances organizations’ DAMs, without causing disruptions to its core metadata. Specific features include isolating AI-generated tags from human-generated metadata; enabling users to choose whether or not to search using AI tags; and allowing high-confidence AI tags to be converted into core metadata. This approach has enabled MediaValet to bring high-value AI features, such as Audio/Video Intelligence and Face Recognition, to the market in a way that better drives productivity for customers and differentiates it from alternative options.

“We’ve invested heavily in building an industry-leading AI suite that drives immense value for our customers,” Rob Chase, President & CEO of MediaValet, shared. “We’re thrilled to launch our latest AI offering, Face Recognition, to help our customers further unlock additional efficiency gains with their DAM. With a full suite of AI capabilities at their fingertips – including face recognition; object, color and text recognition; video transcription and translation; and time-stamped video tags – our customers can use MediaValet to accomplish their best work yet. Customers are also able to leverage our AI suite to curate asset collections and share them with Gen-AI tools in a secure and rights-protected manner to unlock further efficiency gains in their creative process – a feature that, like Face Recognition, we expect to integrate natively into our DAM in the future as we continue to develop our AI suite of services.”

MediaValet is committed to ethical implementation of this technology, and to incorporating strong safeguards, transparent policies, and individual rights protection. We have designed our solution to provide customers robust protection of assets, data, and information, and have aligned with Microsoft’s responsible AI practices, covering safety, accountability, privacy, security and more.”

“Face Recognition technology plays an indispensable role in empowering organizations to manage their large libraries more efficiently, but it’s critical to implement this technology in a way that’s ethical and protects our customers,” explained Jean Lozano, CTO of MediaValet. “We will continue to build our AI capabilities using the same responsible AI principles operationalized by Microsoft to unlock new capabilities for DAM users while retaining our commitment to privacy and customer trust.”

Register for our upcoming webinar, Unlocking the Power of Face Recognition, to learn more about why this feature is critical to organizations and see it in action.

Vancouver, BC – May 23rd, 2023 – MediaValet Inc. (TSX: MVP) (the Company), a leading provider of enterprise digital asset management, video content management and creative operations software (“DAM”), is pleased to announce it was selected by a world leader in audio product design, development, and manufacturing (the “Customer”). Commencing in May 2023, with first-year billings of $190,000, the auto-renewing subscription includes MediaValet’s enterprise digital asset management (“DAM”) platform; Audio/Visual Intelligence (“AVI”) engine; CDN Linking; connectors for Azure Single Sign-On module, Office 365, CI-Hub; API access for custom integrations; and implementation services and ongoing training and support.

The Customer has been on a company-wide digital transformation journey that has enabled them to become a true disruptor in their market. Together with Microsoft, and other leaders in digitization, they completely reimagined how they do business by taking a digital-first and automated approach throughout their entire value chain – design, development, manufacturing, and customer delivery and support. In 2021, they went live with their transformation which has streamlined their operations and significantly reduced overheads and inefficiencies in the manufacturing process to create a purpose-built sustainable and high-value-to-customer operation that is unrivalled in their industry.

Digital asset management is a foundational component for their complete vision to truly be a digital entity and to realize the full value of their strategy. However, their incumbent, traditional enterprise DAM was not able to meet their cutting-edge DAM requirements. Accordingly, their team conducted extensive research into the highest-rated DAM vendors in comparison to the shortcomings of their incumbent DAM. Based on their review, they requested a demo as an inbound lead and selected MediaValet for its Microsoft ecosystem, unrivalled customer support, innovative features, ease-of-use and hyper-scalability.

“We are inspired by this Customer’s journey and are honored to have been selected as their DAM of record”, commented Rob Chase, President and CEO of MediaValet. “They recognized that digitization is a critical success factor for their business, invested in cutting-edge technology, and put that technology to use in the fullest extent of its capability. A best-of-breed DAM is critical for managing high-value assets, particularly in global product design and manufacturing environments, and we’re humbled to be selected as a trusted partner in support of their digital transformation. To us, this reinforces the importance of building a cohesive digital strategy, the critical need to be excellent at managing your digital assets and content, and the ability of MediaValet to meet the needs of the most demanding customer environments.”

Continued Mr. Chase, “This is also encouraging given the current macro-economic environment, as the Customer went from an inbound lead to a new customer in less than 70 days – a juxtaposition from our sales cycles in Q1. Part of this is due to our HotDAM! vision, informative marketing approach and partner ecosystem. Our Microsoft strategy and integration partner, InterOperate (“IO”), were also influential. IO will be leveraging our API to connect MediaValet with their Product Lifecycle Management system – a critical component in a company with an extensive, global, and highly technical product portfolio. This also reflects the emerging opportunity we see in disrupting legacy enterprise DAM solutions that struggle to meet the ease-of-use and cutting-edge needs of today’s enterprise-use-case demands for DAM.”

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 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, Wrike, Drupal, WordPress and many other best-in-class 3rd party applications.