Haivision Announces Results for the Three Months and Full Year Ended October 31, 2022

Haivision reports fourth-quarter revenue growth of 40.1% and annual revenue growth of 35.8%

MONTREAL, Jan. 25, 2023 /PRNewswire/ -Haivision Systems Inc.("Haivision" or the "Company") HAI, a leading global provider of mission critical, real-time IP video solutions, today announced its results for the fourth quarter and year ended October 31, 2022.

"Having had a record quarter and record year of revenues, we are pleased to be on plan in realizing the immediate sales synergies of the two major acquisitions since our IPO,' said Mirko Wicha, Chairman and CEO of Haivision. "Additionally, in light of the product and technology synergies related to the acquisitions, we have significantly reorganized to focus our product, development, and business on mission-critical live video and collaboration within our core markets, to be assisted going forward by the experienced hand of our newly appointed Chief Product Officer, Jean-Marc Racine."

Q4 2022 Financial Results