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NEP Acquires Bow Tie Television Limited

Diversifying NEP UK into Managed Contracts and Digital Media

May 2, 2012 (Pittsburgh, PA)

Today, NEP is pleased to announce its acquisition of UK based Bow Tie TV Limited. This deal comes after a long-standing relationship between the companies, and widens NEP’s UK services into Contract Management and Digital Media for Government and Principal Authorities.

“This acquisition was a natural expansion of our UK business strands,” says Steve Jenkins, Managing Director, NEP UK. “It creates an exciting blend of specialist broadcast media services with the scale, resourcing and management of NEP. Bow Tie has an excellent pedigree in a unique sector of our market.”

Previous shareholder Duncan Smith is appointed Managing Director of Bow Tie and will join the senior UK team. Smith comments, “It’s great news for all the staff and clients of Bow Tie - it’s fantastic to be part of a group who will support us as we grow the division.”

All Bow Tie staff bring with them a vast amount of experience and will continue to support and service the Bow Tie customers. Bow Tie specialises in media archive, web-streaming, managed contracts, video on demand, software development and broadcast info channels. These new services enable NEP to offer clients a wider variety of ways to ingest, manage and distribute content. The addition of Bow Tie is complementary to the existing exceptional brands of NEP including Supershooters, Sweetwater, NEP Visions and Roll to Record.

About NEP

NEP provides the technology and know-how to enable clients to produce the world’s most prestigious live and broadcast events around the globe. The company is the leading worldwide provider of outsourced production solutions offering technical services for remote production, studio production, video display, host broadcasting, post production, premium playout, smart asset / media management, and multi-screen delivery. NEP’s more than 3,000 employees are driven by passion and a focus on technical innovation, and together they have supported productions in over 85 countries on all seven continents. NEP is headquartered in the United States and has offices in 21 countries.