VOGO (EPA:ALVGO) - VOGO announces increased international commercial success for its VOKKERO product range (MLS in the United States, CAF in Africa, National Football Federations in Japan and Qatar, etc.)

Transparency directive : regulatory news

11/05/2021 17:45

Press Release
Montpellier, 11 May 2021

   VOGO announces increased international commercial success for its VOKKERO
                                  product range
  (MLS in the United States, CAF in Africa, National Football Federations in
                             Japan and Qatar, etc.)

VOGO (ISIN code: FR0011532225 - Mnemonic: ALVGO) announces several commercial
successes for its VOKKERO product range. These audio communication solutions
dedicated to sports professionals (refereeing, medical supervision, coaching,
etc.), contributed to the solid commercial performance recorded in the second
half of 2020.

This performance has gathered pace since the start of 2021, with several new
commercial successes which have expanded the number of sports targeted and
reinforced the Group's international presence, particularly in the United
States.

These successes demonstrate the relevance of the strategy adopted by the Group
which, by expanding its range of solutions, has been able to respond to the
transformation currently taking place in the sports market.

As well as the VOKKERO solutions, business has also been brisk in video
solutions for professionals, confirming the solid recovery in this market ahead
of the expected rebound in sales of solutions for fans once the health
situation is back under control.

                Strong growth in football in strategic markets
                      (North America, Japan, Qatar, etc.)

Already strongly represented in several sports, including rugby (Rugby Europe,
the French National Rugby League (LNR), The Six Nations Tournaments, etc.) as
well as football (the French Football Federation (FFF), the International
Federation of Association Football (FIFA), the Union of European Football
Associations (UEFA), etc.), the VOKKERO ELITE range now enables VOGO to step up
its sales growth and assert its strong positioning in the field of football.

The start of the year was marked by the signing of an important contract with
Professional Referee Organization (PRO), which manages all Major League
Soccer's (MLS) match officiating referees, ensuring that VOKKERO ELITE product
will be used at all MLS matches.

Howard Webb, former English international football referee, who notably
refereed the World Cup final in 2010 and is now in charge of referees for Major
League Soccer (MLS), says:

"PRO has provided refereeing services to professional soccer leagues in North
America for over eight years and VOGO's VOKKERO products ensure our officials
remain connected. Our recent adoption of the crystal clear and highly
functional Vokkero Elite system has taken our ability to communicate to the
next level, enhancing our teamwork even further."

Other notable successes have also been recorded in football, helping to further
strengthen the Group's international positions in the sports market:

* In Japan, with an initial order from the Japanese Women's League.
* In Africa, where VOKKERO ELITE audio systems will be used by the
  Confederation of African Football (CAF) for all forthcoming major
  international competitions, including the Africa Cup of Nations (CAN) and
  the African Nations Championship (CHAN).
* In Qatar, which is set to host the 2022 FIFA World Cup, by supplying the
  Qatar National Federation.

These commercial successes with major football leagues join a long list of
other federations and leagues around the world already equipped with the
VOKKERO ELITE solution in 2021, including Brazil, Argentina, Serbia,
Switzerland, etc.

                          Growth in all other sports

As well as football, new contracts have also been signed in other sports since
the start of the year.

This is the case in basketball, where the Group was recently selected by the
French Basketball League (LNB) to provide its JEEP ELITE and Pro B referees
with the new VOKKERO ELITE. This success demonstrates the growing interest in
VOGO audio solutions among basketball professionals, strengthening the
company's position in this strategic market, with nearly 2.2 billion fans
worldwide, making it the third most popular sport after football and cricket.
Three basketball federations around the world currently already supply their
referees with VOKKERO audio systems, including France, Italy and the
Netherlands.

The position in ice hockey has also been strengthened, with the signing of a
contract with the SIHL SVENSKA HOCKEY LIGAN (Swedish National League) to supply
several centres across the country.

In total, all orders signed for the VOKKERO product range since the start of
2021 exceed EUR2 million. These orders, which only include sales in the
professional sports market, are mainly due to be invoiced in the current
financial year.

Finally, innovative new technologies are currently being developed to gain a
further advance internationally, including the integration of artificial
intelligence algorithms to process speech and a new platform offering greater
resilience to radio-frequency interference. As already communicated(1), this
project qualified for EUR400,000 in financing from the PIA3, comprising
EUR200,000 in grants and EUR200,000 in repayable advances.

Christophe Carniel, Chairman and Chief Executive Officer of the VOGO group,
comments: "The success of our VOKKERO ELITE range, combined with the
integration with our range of video products, confirms the excellent direction
of our business. This positive outlook benefits from the significant commitment
shown by our sales teams and our distribution partners in all the countries
where the Group operates. It is also the result of our continuous innovation
efforts and our agility, which allow us to stand out today in a rapidly
changing sports market."

(1) Refer to the press release dated April 20, 2021 available on the Company's
website.

About VOGO

In the Sports sector, VOGO is a leading international player with its
audiovisual solutions for fans and professionals alike, through its two
flagship brands: VOGOSPORT and VOKKERO. For professionals, VOGO offers analysis
and decision-making tools (referee assistance, medical diagnostics, coaching).
VOGO's disruptive solution for fans transforms the stadium experience by
providing multi-camera content on demand for tablets and smartphones, no matter
how many people are connected. VOGO also operates in the Industry and
Healthcare sectors. All of the Group's technologies are patent-protected. VOGO
operates in France (Montpellier, Paris and Grenoble) and in North America, with
an office in New York. It operates indirectly in other countries through its
network of 35 distributors. The Group has been listed on the Euronext Growth
stock market since November 2018 (ISIN code: FR0011532225 - ALVGO). It also
joined the European Tech40 in 2020.

For more information: www.vogo-group.com

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Contacts

VOGO
Christelle Albinet
Tel: +33(4) 67 50 03 98
Email: c.albinet@vogo.fr

ACTIFIN - Press Relations
Jennifer Jullia
Tel: +33(1) 56 88 11 19
Email: jjullia@actifin.fr

ACTIFIN - Financial Communications
Nicolas Lin/Stéphane Ruiz
Tel: +33(1) 56 88 11 11
Email: nlin@actifin.fr

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VOGO (EPA:ALVGO) - VOGO announces increased international commercial success for its VOKKERO product range (MLS in the United States, CAF in Africa, National Football Federations in Japan and Qatar, etc.)

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