EVS signs multi-year contract with NEP Group27/01/2016

Multimillion-dollar contract covers video production upgrades across NEP’S worldwide network of companies

EVS Broadcast Equipment, the leading provider of live video production systems, today announced it has signed the company’s largest contract with NEP Group, the leading international broadcast services company. The deal coversa large number of EVS server upgrades for assets that NEP owns and operates across its worldwide network of companies.

The contract is valued slightly above USD 15 million.Upgrades to equipment will be delivered from 2016 through 2018, and revenue will be recognized accordingly.

NEP is a longstanding major EVS customer, and this multi-year contract underscores their long-term confidence in EVS solutions. The investment in the EVS upgrades demonstrates NEP’s commitment to keeping its equipment well positioned to handle changing and future industry needs.

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