Tremor International Ltd. (AIM/NASDAQ: TRMR) (“Tremor” or the
“Company”), a global leader in data-driven video and Connected TV
(“CTV”) advertising technology offering an end-to-end platform that
enables advertisers to optimize their campaigns and media companies
to maximize inventory yield, today announced the rebranding of the
products and platforms within its portfolio as Nexxen.
The new unified brand name and identity
encompass all of the Company’s key strategic growth pillars,
including the combined demand-side platforms (“DSP”) Amobee and
Tremor Video, the supply-side platform (“SSP”) Unruly and the CTV
ad server Spearad. Moving forward, these key business units will
operate as the Nexxen DSP, Nexxen SSP and Nexxen Ad Server,
respectively. The Nexxen SSP and the Nexxen Ad Server will go to
market collectively as Nexxen CTRL.
Nexxen seamlessly bridges the buy- and
sell-sides through a single, cohesive video- and CTV-focused
platform, enriching every stage of the campaign lifecycle with
advanced and exclusive data, including automatic content
recognition (“ACR”) data. Each pillar of the Company’s technology
stack effectively addresses industry challenges, minimizing waste
and maximizing media spend and revenue across premium content and
scaled, targeted audiences. Following the integration of Amobee
earlier in 2023, brands, agencies and media companies are able to
leverage Nexxen for discovery, cross-platform planning, activation,
measurement and optimization.
“Nexxen embodies our vision for a robust and
flexible horizontal platform that can be tailored specifically to
meet our partners’ needs by enabling effective video campaigns
across all screens, with a specialization in CTV. This new chapter
is grounded in delivering meaningful value, capitalizing on the
collective strength of our technology, data and services to work in
the ways that are most impactful to brands, agencies and
publishers,” said Ofer Druker, Chief Executive Officer, Tremor
International. “As we look to the future, Nexxen is well-positioned
to drive superior outcomes, through advanced audience discovery and
planning tools with cross-platform capabilities that ensure
incremental reach in converged linear and Connected TV, unique and
exclusive data sets including ACR, and powerful, dynamic
data-driven creative.”
The Company also intends to change the listed
Tremor International Ltd. parent company name to Nexxen
International Ltd., subject to a shareholder vote at the Company’s
upcoming Annual General Meeting (“AGM”). The Company does not
currently anticipate any changes to its Ordinary share or ADR
structure in connection with the proposed parent Company name, nor
does it expect changes to the Company’s CUSIP, ISIN or SEDOL
code.
Interested parties can learn more about the
unified brand at www.nexxen.com, while also continuing to access
the Company’s pre-existing corporate website at
www.tremorinternational.com.
Investors can also reach out to both
ir@nexxen.com or ir@tremorinternational.com for further
information.
About Nexxen
Nexxen empowers advertisers, agencies,
publishers and broadcasters around the world to utilize video
and Connected TV in the ways that are most meaningful to them.
Comprised of a demand-side platform (DSP), supply-side platform
(SSP), ad server and data management platform (DMP), Nexxen
delivers a flexible and unified technology stack with advanced and
exclusive data at its core. Our robust capabilities span discovery,
planning, activation, measurement and optimization – available
individually or in combination – all designed to enable
our partners to reach their goals, no matter how far-reaching
or hyper niche they may be. For more information,
visit www.nexxen.com
About Tremor International
Tremor is a global company offering an
end-to-end technology advertising platform, operating across three
core capabilities – video, data and CTV. Tremor's unique approach
is centered on offering a full stack of end-to-end solutions which
provides it with a major competitive advantage within the video
advertising ecosystem.
Tremor Video helps advertisers deliver impactful
brand stories across all screens through the power of innovative
video technology combined with advanced audience data and
captivating creative content. Tremor Video's innovative video
advertising technology has offerings in CTV, in-stream, out-stream
and in-app. To learn more,
visit www.tremorvideo.com
Amobee optimizes outcomes for advertisers
and media companies, while providing a better consumer experience.
Its platform assists customers by furthering their audience
development, optimizing their cross-channel performance across TV,
Connected TV and digital media, and driving new customer growth
through detailed analytics and reporting. To learn more,
visit www.amobee.com
Unruly, the media side of Tremor, drives real
business outcomes in multiscreen advertising. Its programmatic
platform efficiently and effectively delivers performance, quality
and actionable data to demand and supply-focused clients and
partners. Tremor has a meaningful number of direct integrations
with premium publishers, unique demand relationships with a variety
of advertisers and privileged access to News Corp inventory. Unruly
connects to the world's largest DSPs and is compatible with most Ad
Age top 100 brands. To learn more,
visit www.unruly.co
Tremor is headquartered in Israel and
maintains offices throughout the United
States, Canada, Europe and Asia-Pacific, and is
traded on the London Stock Exchange (AIM: TRMR) and
NASDAQ (TRMR).
For more information,
visit www.tremorinternational.com
For further information, please
contact:
Tremor International Ltd.Billy Eckert, Vice
President of Investor Relationsir@tremorinternational.com
KCSA (U.S. Investor Relations)David
Hanover, Investor Relationstremorir@kcsa.com
Vigo Consulting (U.K. Financial PR &
Investor Relations)Jeremy GarciaKate KilgallenTel: +44 20
7390 0230 or tremor@vigoconsulting.com
finnCap Ltd.Jonny Franklin-Adams / Charlie
Beeson / George Dollemore (Corporate Finance)Tim
Redfern / Harriet Ward (ECM)Tel: +44 20 7220
0500
Stifel Nicolaus Europe LimitedFred WalshAlain
DobkinNick AdamsRichard ShortTel: +44 20 7710 7600
PR ContactCaroline SmithVice President of
Communications, Tremor
Internationalcsmith@tremorinternational.com
Forward Looking Statements
This press release contains forward-looking
statements, including forward-looking statements within the meaning
of Section 27A of the United States Securities Act of 1933, as
amended, and Section 21E of the United States Securities and
Exchange Act of 1934, as amended. Forward-looking statements are
identified by words such as "anticipates," "believes," "expects,"
"intends," "may," "can," "will," "estimates," and other similar
expressions. However, these words are not the only way Tremor
identifies forward-looking statements. All statements contained in
this press release that do not relate to matters of historical fact
should be considered forward-looking statements, including without
limitation statements regarding the benefits of the rebranding of
the Tremor group, our tech stack, products any other offerings of
Tremor, Amobee, Unruly and any other subsidiaries affiliates. These
statements are neither promises nor guarantees but involve known
and unknown risks, uncertainties and other important factors that
may cause Tremor's actual results, performance or achievements to
be materially different from its expectations expressed or implied
by the forward-looking statements. Tremor cautions you not to place
undue reliance on these forward-looking statements. For a more
detailed discussion of these factors, and other factors that could
cause actual results to vary materially, interested parties should
review the risk factors listed in Tremor's most recent Annual
Report on Form 20-F, which was filed with the U.S. Securities and
Exchange Commission (www.sec.gov) on March 7, 2023. Any
forward-looking statements made by Tremor in this press release
speak only as of the date of this press release, and Tremor does
not intend to update these forward-looking statements after the
date of this press release, except as required by law.
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