Vancouver, BC – February 26th, 2019 - MediaValet Inc. (TSX-V:MVP) ("MediaValet", "the Company"), a leading provider of cloud-based enterprise digital asset management (DAM) and creative operations software, is proud to announce that it was selected by one of the world's largest design agencies (the "Agency"). The Agency awarded MediaValet a large contract valued at approximately U$140,000 for MediaValet's best-in-class DAM along with its hybrid, desktop-to-server-to-cloud, application, Creative Spaces ™ ("SPACES"). The annual contract includes an enterprise scale DAM solution to manage and secure their work-in-progress and final creative assets, 75+ seats of SPACES, and installation services to deploy SPACES servers in multiple geographic locations around the world.
The purchase was driven by the pain points associated with several large creative design teams that collaborate at high-velocity across multiple geographic locations. Upon completing a number of acquisitions, finding a solution to efficiently manage, track and secure the full lifecycle of their high-value digital assets while maintaining corporate control, providing access and sharing across multiple offices, and enabling creative freedom for designers, made MediaValet's global enterprise DAM plus SPACES a must-have solution.
"We're honored to have been selected by a world-class agency of this stature," commented David MacLaren, Founder and CEO of MediaValet. "This win is a direct result of our focus on customer-inspired innovation, which led to the launch of SPACES, Advanced Search and V4 of our platform in 2018. We believe SPACES, coupled with our the best-in-class advanced search, application speed, and user experience, has uniquely positioned us to solve the needs of today's cutting-edge marketing and creative teams; a belief that is supported by our record third quarter performance and recent customer announcements."
Continued Mr MacLaren, "At the heart of our culture is a steadfast passion for providing customers with the care and attention required to address their digital media challenges and make them more efficient, more effective and more secure. We're positioned at the forefront of the DAM and creative operations industries and continue to be rewarded with long-term, high-value contracts with many of the World's leading brands agencies and organizations."
SPACES is an add-on module to MediaValet's enterprise DAM that combines the breadth of features and benefits of a cloud-based, global, enterprise-class DAM with the speed and flexibility of a desktop-to-server creative file management application. Meant to provide a safe and productive space for creatives to ideate, SPACES increases the productivity of high-volume creative teams, while ensuring that their WIP and final assets are secure and backed up at all times. This enables organizations to increase the speed of their creative production and enable hyper-scalability of local and distributed creative teams. SPACES is available now as part of MediaValet's premium subscription packages.
About MediaValet Inc.
MediaValet stands at the forefront of the enterprise, cloud-based, digital asset management industry. Built exclusively on Microsoft Azure and available within 140 countries, across 54 Microsoft data center regions around the world, MediaValet delivers unparalleled enterprise class security, reliability, redundancy and scalability while offering the largest global footprint of any DAM solution. In addition to providing all core enterprise DAM capabilities, local desktop-to-server support for creative teams, and overall cloud redundancy and management, MediaValet offers industry leading integrations into Slack, Adobe Creative Suite, Microsoft Office 365, Oracle Marketing Cloud (Eloqua), Drupal 8, WordPress, Hootsuite and many other best-in-class 3rd party applications.
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