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Martello Highlighted as Vendor to Watch by EMA as Gizmo 2.0 Launches with Advanced Microsoft Teams Video MonitoringEMA recognizes Martello's unique digital experience monitoring approach which allows CIOs to not only detect Microsoft 365 user experience problems, but troubleshoot and prevent them. OTTAWA, ON, Oct. 28, 2020 /CNW Telbec/ - Martello Technologies Group Inc., ("Martello" or the "Company") (TSXV: MTLO), a provider of digital experience monitoring (DEM) solutions for thousands of customers around the world, announced today that Enterprise Management Associates (EMA), a leading industry analyst firm that provides deep insight across the full spectrum of IT and data management technologies, has identified Martello as a Vendor to Watch for its innovative approach to digital experience monitoring for Microsoft 365. This announcement comes as the Company prepares to launch Gizmo 2.0, which includes new Microsoft Teams video performance monitoring capabilities.
EMA Vendors to Watch are companies that deliver unique customer value by solving problems that had previously gone unaddressed or provide value in innovative ways. The designation rewards vendors that dare to go off the beaten path and have defined their own market niches. In a Vendor to Watch report published on October 26, 2020, EMA Research Director Valerie O'Connell explains why proactive and continuous monitoring of the Microsoft 365 user experience is a key requirement for the foreseeable future, and defines Martello's approach as proactive and practical, benefitting from the distinctive combination of its Gizmo and iQ products: "Work-from-anywhere is here to stay. That fact makes Microsoft 365 not only mission-critical, but mission-centric. Martello's pedigree in this discipline and its end-to-end reach logically make it a Vendor to Watch." Download the EMA Vendor to Watch report. Launching this week, Gizmo 2.0 will collect data and metrics from Teams video calls to help IT teams to validate video performance from any location. Measuring and monitoring metrics that matter to video performance such as FPS (frames per second), bitrate and pixilation, this in-demand feature puts a focus on the visual experience of Teams calls, which is important to true end user experience analytics. Microsoft Teams has experienced rapid growth in adoption since work from ome directives began in response to the COVID-19 pandemic. On October 27, 2020, Microsoft noted that daily active users of Teams had grown to 115 million, an increase of more than 50% in the last six months. Gizmo 2.0 also includes critical features such as role-based access control and web-based application performance analytics. "Microsoft Teams is top of mind for our customers today, having become critical to the productivity of their businesses as they rely on cloud-based collaboration tools", said Rob Doucette, VP Product Management for Martello. "We're committed to continuing to provide the features that will improve the user experience our customers can offer their employees". Martello President and CEO John Proctor commented: "We appreciate the insight provided by EMA's research, which reinforces what we are hearing from our customers: the unique combination of Gizmo and iQ provides CIOs with a more comprehensive and proactive digital experience monitoring solution. I'm pleased that the upcoming release of Gizmo can help extend this value for our customers with deeper visibility into Microsoft Teams video quality and user experience", said Mr. Proctor. With more than a million enterprises worldwide now using Microsoft 365 (Statista, April 2020), Martello has a significant and growing opportunity to capture this demand. 400,000 businesses are expected to choose a DEM solution for Microsoft 365 over the next five years. Having increased by more than 25% since June 2020 to reach 2 million Microsoft 365 users monitored by Gizmo, Martello is well positioned to maintain and even accelerate sales momentum as Microsoft adds an average of 3 million users each month and the Company leverages channel partnerships and the Microsoft Co-Sell program. Learn About Digital Experience Monitoring (DEM) Video: Gizmo for Teams Monitoring Whitepaper: Ensuring Teams Performance when it's OneDrive, SharePoint and Exchange Under the Hood About EMA About Martello Technologies Group Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release. Cautionary Note Regarding Forward-Looking Statements This news release contains "forward-looking statements". Forward-looking statements can be identified by words such as:"anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "will" and similar references to future periods. Examples of forward-looking statements include, among others, statements we make regarding accretive monthly recurring revenues and effect of closing on the Company's gross margins. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following:
Any forward-looking statement made by us in this news release is based only on information currently available to us and speaks only as of the date on which it is made. Except as required by applicable securities laws, we undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise. SOURCE Martello Technologies Group 
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