MediaValet Selected by Major European Services Company

Vancouver, British Columbia--(Newsfile Corp. - October 29, 2020) -  MediaValet Inc. (TSXV: MVP) ("MediaValet" or the "Company"), a leading provider of enterprise digital asset management and creative operations software, announces that MediaValet has been selected by a major European-based energy and natural resource services company with global operations (the "Customer"). Commencing September 30th, 2020, the initial $93,000 contract includes an annual subscription ("Subscription") for MediaValet's enterprise digital asset management platform, Azure Active Directory integration, and professional services covering implementation, training and support.

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Targeting diverse geographical markets with consistent branding and messaging is a challenge faced by all multinational organizations. With a 140-member communications team, the Customer was seeking to strengthen and grow their brand identity across 30,000 employees spanning five global regions. While the Customer has grown to over $10 Billion in revenue over the past 60 years without a digital asset management system, it was clear to the communications team that it was time to leverage technology to continue thriving into the future. After evaluating seven digital asset management solutions of various levels, the Customer selected MediaValet based on its industry-leading platform security, compliance, redundancy, scalability and global footprint, as well as core enterprise features, including its advanced artificial intelligence (AI) services.

"At scale, and across multiple regions, tasks like asset discovery and sharing, version control, and rights management are extremely challenging," commented David MacLaren, Founder and CEO of MediaValet. "Our goal is to help our customers quickly address these issues and then tackle bigger issues that can drive even more productivity and market gains across their entire business ecosystem."

MacLaren continued, "Today's win is a testament to the resilience of regional and global economies. Although these are difficult times, organizations are still doing everything they can to meet the needs of their customers and to drive their businesses forward. No matter the industry - travel, manufacturing, entertainment - we're seeing companies of all sizes take this time to double down on their systems and processes, ensuring they come out better positioned than when 2020 started. We're extremely proud to be part of this process and the future of our customers."

About MediaValet Inc.

MediaValet stands at the forefront of the enterprise, cloud-based digital asset management and creative operations industries. Built exclusively on Microsoft Azure and available across 61 Microsoft data center regions in 140 countries around the world, MediaValet delivers unparalleled enterprise-class security, reliability, redundancy, compliance, and scalability; while offering the largest global footprint of any DAM solution. In addition to providing enterprise DAM capabilities at a global scale, desktop-to-server-to-cloud support for creative teams, and overall cloud redundancy and management for all source, WIP and final assets, MediaValet offers industry-leading integrations into Slack, Adobe Creative Suite, Microsoft Office 365, WorkFront, Wrike, Drupal 8, WordPress and many other best-in-class 3rd party applications.

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For further information, please contact:

David MacLaren
Tel: (604) 688-2321

Babak Pedram
Tel: (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."

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