Mr. Brendon Grunewald reports

MOOVLY LAUNCHES NEWS VIDEO MAKER WITH LEADING NEWS PUBLISHER

Moovly Media Inc. has launched its cutting-edge tool, the News Video Maker. Developed in collaboration with a prominent news publishing and content platform company in the United Statess. This innovative tool empowers journalists to effortlessly produce captivating "teaser" videos for their websites and social media channels. The News Video Maker aims to boost traffic, advertising revenue and subscriptions, revolutionizing the news media sector.

Revolutionary news media content creation

The News Video Maker allows users to create eye-catching teaser videos with just a few clicks, in a matter of minutes and at affordable prices -- all without requiring any video making skills. This powerful tool is set to benefit a wide range of organizations, including:

• Newspapers and news agencies;
• Press agencies and PR (public relations) departments;
• Bloggers and other content syndication organizations;
• RSS syndication and feed aggregation companies.

Dynamic templating technology

Moovly's News Video Maker leverages the company's latest dynamic templating technology enabling subscribers to build advanced dynamic templates for various application-specific video maker tools. This technology offers enhanced template design flexibility, allowing the same template to be utilized for multiple news articles automatically. By adapting to the volume of media content received from different sources (rss-feeds, content management systems, et cetera), Moovly's dynamic templates optimize efficiency and convenience for users.

Comprehensive set of tools for the news and publishing sector

When combined with Moovly's GPT and other AI (artificial intelligence) features, like the company's text-to-video capabilities, Moovly becomes a comprehensive solution for the news and publishing sector. Moovly continues to deliver on its commitment to innovation and providing clients with the tools they require swiftly and cost-effectively.

Moovly chief executive officer Brendon Grunewald said: "We are delighted to have been chosen by a leading company in this space to drive their revenue by using our platform to create videos through the automation of video content creation. Our clients continue to inspire us, and together with our exceptional engineering staff, we consistently deliver fast and cost effective video functionality to meet our clients' needs."

The company also announces the resignation of Michelle Gahagan as director, effective immediately. The board of directors thanks Ms. Gahagan for her services to the company over the years, and wishes her well in her future endeavours. The company intends to commence a search for a new director to fill the resulting casual vacancy.

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 a partnership with Getty Images) 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.

We seek Safe Harbor.