The Board of Directors of Otello Corporation ASA has approved the consolidated
financial statements, the parent company's financial statements and the Board of
Directors' report for 2018. There are no material changes in compared with the
Q4 2018 report released on February 28, 2019. The Board will propose to the
Annual General Meeting, to be held on June 4, 2019, that no dividend for 2018 be
paid out.
Petter Lade, CFO
Phone: +47 91143878
E-mail: petterl@otellocorp.com
About Otello: Otello holds shares in several different businesses, including (i)
AdColony which helps publishers monetize their content through advertising and
advertisers reach the audiences that build value for their businesses,
capitalizing on a global consumer audience reach that exceeds 2 billion; (ii)
Bemobi, a Mobile Media and Entertainment company which integrate people and
mobile content through technology and offers a leading subscription-based
discovery service for mobile apps in Latin America and beyond; (iii) Skyfire
which offers cloud-based network solutions for mobile operators and (iv) Vewd
which offers OTT services in the Connected TV space.