Net Insight AB : Net Insight wins order from major telecom

STOCKHOLM, Sweden - Net Insight, a leading provider of efficient and scalable transport solutions for media, IP and broadcast networks, today announces that a major telecom operator has selected the company's Nimbra MSR platform for expansion of a national media contribution and distribution network in Latin America. The telecom operator is expanding the national media network enabling transport of JPEG2000 compressed video services over IP in a Latin American country. The Net Insight solution will provide flexible service provisioning to local broadcasters. The order value exceeds SEK 8 million and delivery will take place during the fourth quarter 2013. "This order shows our leading position in video transport in Latin America", says Fredrik Tumegård, CEO at Net Insight. "Our customers are preparing for coming major sports events on this continent." 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 November 6, 2013 at 08.45 CET. For further information, please contact: Fredrik Tumegård, CEO at Net Insight, +46 8 685 04 00, fredrik.tumegard@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 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 175 world class customers run mission critical video services over Net Insight products in over 60 countries. Net Insight is quoted on the NASDAQ OMX, Stockholm. For more information, visit www.netinsight.net [HUG#1740910]