25/09/2012

Net Insight wins significant order from Network Provider in South Korea

STOCKHOLM, Sweden - Net Insight, a leading provider of efficient and scalable transport solutions for media, IP and broadcast networks, today announces that a major network provider has selected the company's Nimbra MSR platform for contribution and distribution services throughout South Korea.

The contract was won in partnership with Net Insight's preminum partner Sanam Technology. The solution offered provides video, audio and data services with hitless protection along with a central management system for monitoring and provisioning, all integrated in a one-box solution.

The order value exceeds SEK 10 million and delivery will take place during Q3 and Q4 2012.

"Once again the Net Insight Nimbra platform is selected by a large network provider and this is the second deployment of the Nimbra platform in South Korea", says Fredrik Trägårdh, CEO of Net Insight.

Net Insight AB discloses the information provided herein pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication on September 25, 2012 at 15.30 CET.

For further information, please contact:

Fredrik Trägårdh, CEO of Net Insight, +46 8 685 04 00, fredrik.tragardh@netinsight.net

About Net Insight

Net Insight delivers the world's most efficient and scalable transport solution for Broadcast and IP Media, Digital Terrestrial TV, Mobile TV and IPTV/CATV networks.

Net Insight products truly deliver 100 percent Quality of Service with three times improvement in utilization of bandwidth for a converged transport infrastructure. Net Insight's Nimbra(TM) platform is the industry solution for video, voice and data, reducing operational costs by 50 percent and enhancing competitiveness in delivery of existing and new media services.

More than 150 world class customers run mission critical video services over Net Insight products in over 50 countries. Net Insight is quoted on the NASDAQ OMX, Stockholm.
For more information, visit
www.netinsight.net

Net Insight wins significant order in South Korea