Data Sovereignty and Enterprise Security Driving Adoption
Vancouver, British Columbia--(Newsfile Corp. - August 16, 2018) - MediaValet Inc. (TSXV: MVP), a leading provider of enterprise
class, cloud-based, digital asset management (DAM) software, today announced that the Asia Pacific Region, made up of Australia and
New Zealand, is now the Company's third largest market, behind North America and Western Europe. In the second quarter of 2018, the
Asia Pacific Region generated over 20% of MediaValet's new customer billings.
Figure 1: MediaValet experiencing rapid growth in Asia Pacific Region
To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/3817/38132_media1.jpg
Recently included in Gartner's 2018 DAM Buyer Guide as one of the most enterprise grade and most flexible Cloud DAM solutions on the market,
MediaValet is well suited to serve global organizations as well as regional enterprises in 140 countries. This is due in part to
the high level of security and redundancy that MediaValet provides as well as the company's ability to provide data residency
guarantees to all Australian customers.
"Last year, we moved quickly to launch MediaValet locally in the Pacific Region following Microsoft's opening of two Azure data
centers in Australia," stated David MacLaren, CEO of MediaValet. "We saw this as a unique opportunity for us to be the only DAM
provider to deliver cloud services specifically designed to address the requirements of the Australian and New Zealand governments
as well as critical national infrastructure, including banks, utilities, transportation and telecommunications. We're very pleased
with the level of adoption we're seeing across all levels of government and throughout industries in the Pacific region."
Mr. MacLaren continued, "Thanks to the foresight of Microsoft and our team, we've established a strong market position in
Australia and New Zealand. With a deep pipeline of opportunities and strong partnerships in the region, we're well positioned to
rapidly grow our presence in both countries. The rapid rise of the Asia Pacific Region in our customer base and sales pipeline is
yet another example of our commitment and ability to identify opportunity and quickly allocate our resources to achieve a winning
scenario for our customers, our team and our shareholders."
About MediaValet, Inc.
MediaValet stands at the forefront of the
enterprise cloud-based digital asset management industry. Built exclusively on Microsoft Azure and available on 54 Microsoft data
centers 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 cloud DAM capabilities and local
support for creative teams, 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.
For further information, please contact:
Corporate Office
David MacLaren, CEO | david.maclaren@mediavalet.com | (604) 688-2321
Rob Chase, Executive Chairman and CFO | rob.chase@mediavalet.com | (604) 688-2321
Investor Relations
Babak Pedram | babak.pedram@mediavalet.com | (416) 644-5081
"Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."
