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Cyviz Signs Frame Agreement with Central Electricity Company in Saudi Arabia

[Oslo, April 2024] Cyviz AS announces a significant frame agreement with a central electricity company in Saudi Arabia.

Following their strategic partnership, Cyviz signs a 24-month purchase frame agreement to standardize Board Room and Meeting Room spaces with their technology. The first order under this agreement has a contract value of USD 2.2 million.

“The client is one of Cyviz’ earliest customers in Saudi Arabia, and the partnership underscores our commitment to delivering high-tech solutions to empower collaboration and innovation. This is an opportunity for us to further establish our presence as a leader in advanced collaborations within the region.”, says Espen Gylvik, CEO of Cyviz.

The contract includes an optional 24-month purchase agreement. The initial order comprises 20 meeting rooms. This strategic move follows a successful year of collaboration with the client.

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