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  ATEME company press release from 18/10/2021

  18/10/2021 - 17:45

ATEME TARGETS 50% ENERGY SAVINGS IN THREE YEARS


Paris, October 18, 2021 – 17.45 CET


Paris, October 18, 2021 - ATEME (ISIN: FR0011992700), world specialist in video delivery, today announced that it aims to reduce its carbon impact by 50% over the next three years. This target comes on top of the 66% reduction in the energy consumption of video delivery its solutions have already achieved compared to the market average of 2018.

To mark its deepening commitment to sustainability, last month ATEME became a founding member of the Greening of Streaming initiative, along with companies such as Intel and Akamai. This consortium aims to raise awareness around the environmental impact of the streaming industry, to spread best “green” practices, and to provide a collective voice for the industry when addressing sustainability challenges with wider stakeholders and external observers.

In the same spirit, on September 20, 2021, ATEME published a white paper titled “Going Green: How to Reduce the Carbon Footprint of Streaming and Service Providers,” explaining how its solutions and the fact that ATEME has full control on the design achieved the 66% reduction of energy consumption in three years. The white paper is available for download here: https://www.ateme.com/how-to-reduce-the-carbon-footprint-of-streaming-service-providers/.

September also saw ATEME's Green Delivery solution winning a prestigious industry technology award, Cable & Satellite International Magazine's CSI Award, as Best digital video processing solution, in recognition of the solution's ability to reduce the environmental impact of video delivery while increasing the quality of the viewing experience.


"There is growing recognition in the industry of the importance of embracing environmental goals to contribute to reducing climate change,” said Michel Artieres, Chief Executive Officer at ATEME. “This is one of the biggest challenges facing humanity today, so the pressure will only increase. We are excited to be contributing to a solution and look forward to helping more operators reach their sustainability goals.”

ATEME's environmental commitment is part of the company's wider focus on Corporate Social Responsibility (CSR). The other aspects of ATEME's CSR policy are a commitment to its people through talent development, equal treatment of men and women, non-discrimination in hiring, and ethical management; and a commitment to other stakeholders including ethical business relationships with shareholders, clients, partners and suppliers, and donations to charity organizations in humanitarian and educational fields.

Next publication:

November 5, 2021: Q3 2021 revenues


About ATEME: Ateme is a global leader of video compression and delivery solutions helping Tier-1 Content Providers, Service Providers and Streaming Platforms to boost their viewership and subscription engagement.

Leveraging a unique R&D task force in the video industry, Ateme's solutions power green sustainable TV services, improve end-users' quality of experience, optimize the total cost of ownership of TV/VOD services and generate new revenue streams based on personalization and ad insertion. Beyond the technology agility, Ateme's value proposition is to partner with his customers by offering a great flexibility in the engagement and business models matching their financial priorities. A consequence is a rapid shift to Recurring Revenues, boosting the company resilience and creating long term value for the shareholders.

Founded in 1991, Ateme has 490 employees spread over its headquarters in France and 20 offices around the world including the USA, Brazil, Argentina, UK, Spain, Germany, Russia, the UAE, Singapore, China, Korea, and Australia.

Ateme has been listed on the Paris Euronext market since 2014 and in November 2020 it made the acquisition of Anevia, a provider of OTT and IPTV software solutions. In 2020, Ateme served close to 1,000 customers worldwide with revenues of €70.7 million, of which 93% outside its home market.


Name: ATEME - ISIN Code: FR0011992700 - Ticker: ATEME - Compartment: C

ATEME INVESTOR RELATIONS PRESS RELATIONS
Michel Artières
President and CEO
Olivier Lambert
Tel: +33 (0)1 53 67 36 33
[email protected]
Anne-Catherine Bonjour
Tel: +33 (0)1 53 67 36 93
[email protected]


DISCLAIMER

This press release does not constitute or form part of and should not be construed as any offer for sale of or solicitation of any offer to buy any securities of ATEME, nor should it, or any part of it, form the basis of or be relied on in connection with any contract or commitment whatsoever concerning ATEME's assets, activities or shares.

All statements other than historical facts included in this presentation, including without limitations, those regarding ATEMEs' position, business strategy, plans and objectives are forward-looking statements.

The forward-looking statements included herein are for illustrative purposes only and are based on management's current views and assumptions. Such forward-looking statements involve known and unknown risks. For illustrative purposes only, such risks include but are not limited to impact of external events on customers and suppliers; the effects of competing technologies competition generally in main markets; profitability of the expansion strategy; litigation; ability to establish and maintain strategic relationships in major businesses; and the effect of future acquisitions and investments.

ATEME expressly disclaims any obligation or undertaking to update or revise any projections, forecasts or estimates contained in this presentation to reflect any change in events, conditions, assumptions or circumstances on which any such statements are based, unless so required by applicable law. These materials are supplied to you solely for your information and may not be copied or distributed to any other person (whether in or outside your organization) or published, in whole or in part, for any purpose.


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  Original Source: ATEME