Linius Technologies Limited entered into an agreement with Cricket Australia to deploy Linius Archive Search & Edit to create new content experiences from its archive. Searching through such an extensive archive is an overwhelming task, with many sports leagues and clubs grappling with how to unlock the value and monetise their deep video archives. Linius Archive Search & Edit, built on the Linius Video Services (LVS) SaaS platform, will allow Cricket Australia to easily search its archive for relevant content, quickly edit and publish it. That content can then be made available publicly through the cricket.com.au website, mobile app, social media channels, partner broadcasters, news
agencies and other external organizations. The deployment is significant for Linius both in terms of Cricket Australia's confidence to deploy the solution and the parties' expectation as to take-up of the service given the extensive nature of the archive and popularity of the sport in Australia and globally. Cricket Australia will be the fourth major sporting league in Australia to utilize Linius solutions, joining the A-Leagues, the National Basketball League (NBL) and Racing.com. Further deployments with teams in the English Premier League (EPL) and Belgian Pro League showcase the global demand and opportunity for Linius in the sports market. The service is expected to go-live in the coming months. The key commercial terms of the agreement are: An initial 12-month term, with an option exercisable by Cricket Australia to extend by another year. An opportunity to monetise the service through advertising, sponsorship, and other revenue streams, with Linius receiving a significant revenue share percentage, billed via Cricket Australia's current processes. Revenue under this model is dependent on user uptake of the service. Upfront establishment fee and fixed monthly subscription fee. The agreement is generally on terms and conditions customary for an engagement of this nature, including as to confidentiality, protection of intellectual property, security requirements and data protection, privacy and service levels.