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Moovly Media Inc
Symbol MVY
Shares Issued 161,143,263
Close 2021-07-07 C$ 0.27
Market Cap C$ 43,508,681
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Moovly partner wins content creation contract

2021-07-07 10:38 ET - News Release

Mr. Brendon Grunewald reports

CONTENTHOUSE SECURES DIPL. ING. FUST AG CONTRACT USING MOOVLY PLATFORM

Moovly Media Inc. would like to congratulate its Swiss partner, Contenthouse, on its securing of Dipl. Ing. Fust AG's content creation contract. As previously announced, Contenthouse uses Moovly's platform to deliver advertising and marketing video content to its clients.

Dipl. Ing. Fust is a major household appliance retailer with more than 150 outlets and 2,000 employees. Headquartered in Sankt Gallen, Switzerland, Dipl. Ing. Fust's annual revenue is in excess of $30-billion (U.S.).

Thomas Giger, chief executive officer of Dipl. Ing. Fust, on the decision to break new ground in content production: "With over 150 sales outlets throughout Switzerland, Dipl. Ing. Fust AG is the leading supplier of electrical household appliances, consumer electronics and computers. Video content in digital channels is becoming increasingly important for us, but it has to be delivered quickly and cost-effectively. Now, we can make our advertising activities more flexible and respond better to current promotions. In addition, we can also place or replace commercials at short notice because we produce the content ourselves."

Moovly chief executive officer Brendon Grunewald said: "Moovly is being approached on an increasingly regular basis by agencies looking for a flexible, cost-effective technology tool for their clients. In addition, our agency partners provide us with invaluable insights, These insights allow us to continually respond to client demands, allowing the Moovly platform to remain best in class. Our partnership with Contenthouse is an excellent example. We worked with them to provide Dipl. Ing. Fust AG with precisely what they were looking for. We look forward to more deals of this accretive nature with our partners at Contenthouse."

About Moovly Media Inc.

Moovly is the leading provider of creative cloud-based tools to create compelling marketing, communications and training videos and video presentations. Moovly's advanced studio editor with millions of assets seamlessly integrated (through partnerships with Getty Images and Storyblocks) is all you need to create engaging video content to promote, communicate or explain your product, service or message. Moovly's API (application programming interface) and Automator technologies allow third parties to automate parts or all of the content creation process, including mass video customization, personalized videos (video version of mail merge), automatic content creation or updating by connecting data sources. With clients including users from over 300 of the Fortune 500, small businesses, freelancers and Ivy League universities, Moovly is an intuitive, cost-effective choice for DIY (do it yourself) creation of engaging video-based content.

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