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Veritone and Base Media Cloud Announce Six-12 months Settlement with Excessive E to Enable International Content Distribution and Quick Accessibility

COSTA MESA, Calif.–(Enterprise WIRE)–Jan 19, 2021–

Veritone, Inc. (Nasdaq: VERI), the creator of the world’s 1st functioning system for artificial intelligence, aiWARE™, alongside one another with Base Media Cloud, now announced a new six-calendar year agreement with Excessive E as a result of their output partners Aurora Media Worldwide and North 1. Extreme E is a sporting activities organization that makes use of groundbreaking electric powered SUVs to race in remote areas of the planet even though boosting recognition for local weather change.

This press release functions multimedia. View the whole launch below: https://www.businesswire.com/news/house/20210119005253/en/

The Severe E sequence will launch in April 2021 in the deserts of Saudi Arabia, and will keep on in Senegal, Greenland, Brazil and Argentina. To deliver video clip protection of its races, Severe E will use chopping-edge technology, such as observe, on-board and POV cameras, drones, virtual truth and augmented reality, to stream footage on a selection of electronic platforms. More clips will be generated for and dispersed to world wide rights holders, Television reveals, documentary series and social media. Intense E essential a answer that would make all of this doable, when also remaining dedicated to environmentally aware output.

“Because our races just take area in distant places, and we never want to harm the fragile locations that need to have safety, we’re a Television-only sports activities product –– which is really rare, thinking of the acceptance of dwell sporting activities,” stated Dave Adey, head of broadcast and know-how for Extreme E. “Our content is our most valuable asset, and the robust administration of that is critical. Veritone not only exceeded that want, but matched our mission of sustainability that is essential to our objective of advancing local climate alter recognition.”

The six-year arrangement will offer Intense E with accessibility to a sports-distinct, multi-cloud distribution option created by Veritone and Base Media Cloud, a centralized cloud storage company. The solution brings together accelerated file transfer and cloud item storage providers from Foundation Media Cloud with Veritone’s intelligent electronic asset administration platform, Digital Media Hub, to travel sophisticated, cloud-native remote workflows, enabling good world wide content distribution and its instant accessibility across the world for Intense E.

Veritone and Foundation Media Cloud help Serious E’s mission of boosting consciousness for weather transform the blended remedy is developed purposefully on general public cloud infrastructures that have to have less servers and lessen electricity usage. Additionally, Veritone shares Excessive E’s mission of sustainability with its just lately launched Veritone Power, a suite of AI-driven strength alternatives that speed up the world’s changeover to more sustainable, responsible and very affordable energy by earning clean up strength creation a lot more predictable, efficient and charge powerful.

“Alongside Foundation Media Cloud, we’re thrilled to start off doing work with Extraordinary E to support them develop efficiencies, extend distribution and monetize their written content by our system,” mentioned David Candler, senior director of shopper methods for Veritone. “Our unmatched know-how in the sports activities media and enjoyment market and the inexperienced electricity house supplies us with a exclusive vantage stage to fulfill Extreme E’s international content material administration demands, whilst also furthering their mission of driving environmental consciousness.”

Veritone and Foundation Media Cloud began their partnership approximately 4 many years back, when they developed one of the initial sports activities-certain, multi-cloud distribution solutions, which is by now employed to fulfill the exceptional requirements of some of the world’s most significant sports activities federations and media corporations, such as Method E.

“We’re energized to lover with Veritone to electrical power Severe E’s exclusive motor activity production protection from some of the world’s most distant locations,” said Ben Foakes, founder of Base Media Cloud. “Our option will enable much easier remote editing and automate distribution workflows, in the end giving greater access to Extreme E’s footage and bringing recognition to the vital cause of climate transform.”

For more information and facts on Veritone’s digital asset administration remedy, Digital Media Hub, be sure to stop by: https://www.veritone.com/purposes/electronic-media-hub/. To learn additional about Foundation Media Cloud, make sure you pay a visit to: https://foundation-mc.com/about-us/. And for much more information on Severe E, remember to go to: https://www.severe-e.com/.

About Veritone

Veritone (NASDAQ: VERI) is a leading service provider of synthetic intelligence (AI) engineering and methods. The company’s proprietary working program, aiWARE™, powers a diverse established of AI applications and clever method automation answers that are transforming the two commercial and federal government companies. aiWARE orchestrates an expanding ecosystem of machine finding out designs to transform audio, video clip, and other details resources into actionable intelligence. The company’s AI developer resources help its customers and companions to effortlessly establish and deploy custom made programs that leverage the electric power of AI to considerably improve operational performance and unlock untapped options. Veritone is headquartered in Costa Mesa, California, and has workplaces in Denver, London, New York and San Diego. To learn much more, take a look at Veritone.com.

About Foundation Media Cloud

To meet the rising challenges introduced about by the soaring volumes of electronic media documents becoming obtained, processed and delivered through the media creation procedure, Foundation Media Cloud gives a suite of prepared-manufactured cloud solutions comprising small price cloud storage, media asset management, distant workstations, file transfer, branded channels and information distribution. Base Media Cloud’s variety of absolutely managed multi-cloud expert services are presented on a Software program-as-a-Company (SaaS) subscriptions and pay out for each use capability foundation, decreasing media customers’ funds expenditure and operational fees, even though altering to flexible budgets and the new paradigm of worldwide remote functioning. The company’s prestigious listing of buyers notably contains: Aurora Media Globally (element of All3Media Group), BBC, Courageous Bison plc, COPA90, ITV, Intense E, Components E, The Football Affiliation, Ogilvy & Mathers (WPP Team), Price Waterhouse Cooper, Very little Dot Studios, LadBible Group, Translation LLC, XPRIZE and much more.

Safe and sound Harbor Assertion

This information launch consists of ahead-searching statements, such as devoid of limitation statements relating to the combined Veritone Electronic Media Hub and Foundation Media Cloud option and its anticipated benefits to Severe E, and the company’s electricity methods. Without having restricting the generality of the foregoing, words and phrases these kinds of as “may,” “will,” “expect,” “believe,” “anticipate,” “intend,” “could,” “estimate” or “continue” or the detrimental or other versions thereof or comparable terminology are intended to establish forward-hunting statements. In addition, any statements that refer to expectations, projections or other characterizations of long term situations or instances are ahead-hunting statements. Assumptions relating to the foregoing require judgments and risks with respect to a variety of issues which are difficult or extremely hard to forecast correctly and lots of of which are outside of the command of Veritone. Specified of these judgments and hazards are talked over in Veritone’s SEC filings. While Veritone believes that the assumptions underlying the forward-on the lookout statements are sensible, any of the assumptions could establish inaccurate and, therefore, there can be no assurance that the effects contemplated in ahead-seeking statements will be understood. In gentle of the substantial uncertainties inherent in the ahead-seeking information and facts included herein, the inclusion of these details must not be regarded as a representation by Veritone or any other person that their objectives or options will be realized. Veritone undertakes no obligation to revise the ahead-on the lookout statements contained herein to mirror occasions or circumstances right after the day hereof or to replicate the occurrence of unanticipated gatherings.

See supply model on businesswire.com:https://www.businesswire.com/information/property/20210119005253/en/

Get hold of: Allison Zullo

Walker Sands, for Veritone

[email protected]

330-554-5965

Search term: EUROPE UNITED STATES UNITED KINGDOM NORTH The us CALIFORNIA

Business Key word: Environment Technology MOTOR Sporting activities Athletics AUDIO/Video clip Computer software Online Knowledge Administration Outside

Supply: Veritone, Inc.

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PUB: 01/19/2021 07:30 AM/DISC: 01/19/2021 07:30 AM

http://www.businesswire.com/news/property/20210119005253/en