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Codemill AB wins £1.2m, five year deal with Deutsche Bank UK

CDMILRegulatory press release2023-02-02 10:40
Download the release

Umeå, Sweden, February 2nd, 2023 - Codemill AB (Nasdaq: CDMIL) has been awarded a five year contract, to supply and maintain a brand new multi-camera UHD recording, post-production, Media Asset Management (MAM) and content delivery system, for the new UK Headquarters of Deutsche Bank in London. The agreement represents a total amount of £1.2m, half of that in 2023, and the rest for the following four years, and will be delivered in partnership with ProAV Ltd., a global audio visual (AV) systems integrator and support services provider.

Deutsche Bank employs over 8,000 people in the UK, and is one of the largest employers in the City. Deutsche Bank was founded in Berlin in 1870 to support the internationalisation of business and facilitate trade between Germany and overseas markets; the London branch was opened in 1873 as the first European office outside Germany. Deutsche Bank provides retail and private banking, corporate and transaction banking, lending, asset and wealth management products and services as well as focused investment banking to private individuals, small and medium-sized companies, corporations, governments and institutional investors. Deutsche Bank is the leading bank in Germany with strong European roots and a global network.

Rickard Lönneborg, CEO, Codemill, commented: “The banking industry is highly regulated, and one aspect of this is ensuring that all commercially sensitive meetings are recorded and securely stored, as well as easily retrievable. We’ve had a long standing relationship with Deutsche Bank and we are proud to be part of the next phase of their journey.”

Contacts



Rickard Lönneborg, CEO Codemill AB 
Telefon: +46 73 038 74 43
E-post: rickard.lonneborg@codemill.se

Certified Adviser: 
Erik Penser Bank AB
certifiedadviser@penser. se
08-463 83 00

About Us


Codemill is a technology company publicly listed on Nasdaq First North Growth Market, offering custom software development and products for the Media and Entertainment industry. Codemill’s Accurate.Video, Accurate Player SDK and Cantemo MAM products power the world’s leading broadcast, VOD/OTT, Content Supply Chain and Media Asset Management workflows. 


Codemill's clients are the major Hollywood studios including Paramount Global, broadcasters such as the BBC, ITV and ProSieben.Sat1, VOD/OTT services including Joyn, and news publishers such as The Guardian.

The company is listed on Nasdaq First North Growth Market. Certified Adviser is Erik Penser Bank, +46 8-463 83 00, certifiedadviser@penser.se

This information is information that Codemill AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2023-02-02 10:40 CET.

Attachments


Codemill AB wins £1.2m, five year deal with Deutsche Bank UK