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MediaValet Inc. - VRXWF STOCK NEWS

Welcome to our dedicated page for MediaValet news (Ticker: VRXWF), a resource for investors and traders seeking the latest updates and insights on MediaValet stock.

MediaValet Inc. (TSX: MVP), a leading provider of enterprise digital asset management, video content management, and creative operations software, operates at the forefront of the cloud-native industry. With a global presence and top-notch security, reliability, and scalability, MediaValet offers unparalleled DAM solutions. Recent achievements include revenue growth of 28% in fiscal 2023, ending Software ARR increase of 22%, and a reduction in adjusted EBITDA loss by 40%. The Company has entered into an arrangement agreement with STG Partners LLC, emphasizing its commitment to innovation and growth.

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MediaValet Inc. has been selected by a global leader in public safety technology for a one-year subscription worth $322,000. The subscription includes MediaValet's DAM platform, AVI engine, CDN Linking, Branded Portals, and connectors for various platforms. The Customer chose MediaValet for its ability to efficiently manage and leverage their content, as well as its highly secure DAM solution. MediaValet is honored to have been selected and looks forward to delivering excellent support and creating a long-term relationship.
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MediaValet Inc. announces the winners of the inaugural MVP Awards, recognizing outstanding achievements in the digital asset management space.
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MediaValet Inc. pledges to be carbon neutral by 2025 and states that its DAM software is already green and helping customers reduce carbon emissions. The company estimates that using the MV DAM instead of on-premises data management is equivalent to taking 1,673 cars off the road annually. MediaValet's platform is built on Microsoft Azure, which is up to 93% more energy-efficient than traditional data centers. MediaValet plans to further reduce its carbon intensity and reach net zero emissions by 2025.
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MediaValet Inc. unveils new brand and redesigned website, reflecting its trailblazer status in the DAM industry and commitment to innovation.
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MediaValet Inc. announces the launch of its new Face Recognition feature for its enterprise digital asset management software. The feature uses advanced AI technology to automatically detect and tag individuals within images, streamlining the search process and enhancing security measures.
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FAQ

What is the market cap of MediaValet (VRXWF)?

The market cap of MediaValet (VRXWF) is approximately 54.9M.

What does MediaValet Inc. offer?

MediaValet is a provider of enterprise digital asset management, video content management, and creative operations software solutions.

What are some recent achievements of MediaValet Inc.?

In fiscal 2023, MediaValet experienced revenue growth of 28%, a 22% increase in Software ARR, and a 40% reduction in adjusted EBITDA loss.

What is MediaValet's global footprint?

MediaValet operates across 61 Microsoft data center regions in 140 countries, offering unparalleled security, reliability, and scalability.

What recent partnership has MediaValet entered into?

MediaValet has entered into an arrangement agreement with STG Partners LLC, showcasing a commitment to growth and innovation.

How can I contact MediaValet Inc. for further information?

For corporate inquiries, you can reach out to Rob Chase, President & CEO, or Dave Miller, CFO. For investor relations, contact Babak Pedram.

MediaValet Inc.

OTC:VRXWF

VRXWF Rankings

VRXWF Stock Data

54.89M
26.55M
39.96%
5.8%
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