New York, NY, May 24, 2023 (GLOBE NEWSWIRE) -- Kaltura (NASDAQ:KLTR), the Video Experience Cloud, has won five awards in this year's 13^th Global Eventex Awards for Events and Experience Marketing.

Taking the top prize in every Technology and Event category in which they were nominated, Kaltura's solutions earned five wins. Kaltura's own virtual event, Virtually Live!, which was powered solely by the same tools that took home other awards, won Best Virtual Community Engagement Event, demonstrating the impact that Kaltura's technology has on virtual events.

The awards for which Kaltura is listed as a winner include:

Kaltura Events for Best Event Technology
Kaltura Events for the Best Virtual Event Platform
Kaltura Webinars for the Best Webinar Software
Kaltura Events for the Best Audience Engagement Technology
Virtually Live! 2022 by Kaltura for the Best Virtual Community Engagement Event

"We are thrilled to be recognized by Eventex for our work in reimagining the possibilities of hybrid and digital experiences," said Lisa Bennett, Executive Vice President of Marketing at Kaltura. "It is our mission to bring tools that effectively engage audiences, personalize participant experiences, and provide insightful data that is critical to organizations. Companies are using video across a wider range of experiences and hosting more virtual and hybrid event experiences than ever before, so the importance of a video platform partner that can do it all is increasingly critical, not just from a cost-saving perspective, but also to increase efficiencies, leverage the rich data across experiences, and to drive better ROI. We want to thank the Eventex Awards for celebrating our efforts to provide technology that best supports participants and organizers alike."

Eventex Awards 2023 received a record 761 entries from 49 countries.

"With the world gradually returning to its pre-pandemic lifestyle, we are witnessing a remarkable surge in creativity and innovation, delivered by talented professionals who have wowed us with amazing event experiences. Winning an Eventex award is recognition for everyone at Kaltura, so personally and on behalf of the whole Eventex team I want to congratulate Kaltura with what is an absolutely outstanding achievement," comments Ovanes Ovanessian, Co-founder of Eventex Awards.

A full list of the finalists is available on the Eventex Awards winners page.

About Kaltura

Kaltura's mission is to power any video experience for any organization. Kaltura's Video Experience Cloud offers live, real-time, and on-demand video products for enterprises of all industries, as well as specialized industry solutions, currently for educational institutions and for media and telecom companies. Underlying our products and solutions is a broad set of Media Services that are also used by other cloud platforms and companies to power video experiences and workflows for their own products. Kaltura's Video Experience Cloud is used by leading brands reaching millions of users, at home, at school, and at work, for events, communication, collaboration, training, marketing, sales, customer care, teaching, learning, and entertainment experiences. For more information, visit www.corp.kaltura.com.

For media information, please contact:

Lisa Bennett

Executive Vice President of Marketing

Lisa.bennett@kaltura.com

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including but not limited to, statements regarding our future financial and operating performance, including our guidance; our business strategy, plans and objectives for future operations and our expectations regarding potential profitability and the timing thereof; the expected effect of new releases on our business and financial performance; and general business conditions, including as a result of the pandemic related to COVID-19 and its variants, the worsening economic climate and instability in the banking and financial services sector, and their impact on our business and financial results.

In some cases, you can identify forward-looking statements by terminology such as "aim," "anticipate," "assume," "believe," "contemplate," "continue," "could," "due," "estimate," "expect," "goal," "intend," "may," "objective," "plan," "predict," "potential," "positioned," "seek," "should," "target," "will," "would" and other similar expressions that are predictions of or indicate future events and future trends, or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Any forward-looking statements contained herein are based on our historical performance and our current plans, estimates and expectations and are not a representation that such plans, estimates, or expectations will be achieved. These forward-looking statements represent our expectations as of the date of this press release. Subsequent events may cause these expectations to change, and we disclaim any obligation to update the forward-looking statements in the future, except as required by law. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially from our current expectations. Important factors that could cause actual results to differ materially from those anticipated in our forward-looking statements include, but are not limited to, our ability to successfully execute or achieve the expected benefits of our restructuring plan and other cost saving measures, our ability to manage and sustain our rapid growth; our ability to achieve and maintain profitability; the evolution of the markets for our offerings; the quarterly fluctuation in our results of operations; our ability to retain our customers; our ability to keep pace with technological and competitive developments; our ability to maintain the interoperability of our offerings across devices, operating systems and third-party applications; our reliance on third parties; our ability to retain our key personnel; risks related to our international operations; our ability to successfully execute or achieve the benefits of our cost-reduction and re-organization plan and other cost saving measures; risks relating to event of failure of any of the financial institutions where we maintain our cash and cash equivalents (such as Silicon Valley Bank (SVB) and therefore our ability to access uninsured funds in a timely manner or at all, risks associated with the extensive changes to Israel's judicial system pursued by the Israeli government and the concerns that the proposed changes may negatively impact the business environment in Israel, and the other risks under the caption "Risk Factors" in our annual Report on Form 10-K for the year ended December 31, 2022, filed with the Securities and Exchange Commission ("SEC"), as such factors may be updated from time to time in our other filings with the SEC, which are accessible on the SEC's website at www.sec.gov and the Investor Relations page of our website at investors.kaltura.com.

Further, the survey results described herein represent research opinion or viewpoints of the survey's respondents and are not representations of fact or of the Company's estimations and expectations. Those opinions speaks as of the survey's date (and not as of the date of this Form 8-K) and the opinions expressed in the survey are subject to change or challenge without notice.

Lisa Bennett
VP Corporate Marketing
lisa.bennett@kaltura.com

Kaltura Takes Home Five Awards at Eventex 2023 including Best Event Technology, Best Virtual Event Platform, and Webinar Software categories