Iconic Italian Football Club Leverages Advanced Technology Solution to Enrich and Accelerate Its Media Assets Utilization

COSTA MESA, Calif., and SAN RAMON, Calif. — Dec. 19, 2019 — Veritone, Inc. (Nasdaq: VERI), the creator of the world's first operating system for artificial intelligence, aiWARE™, and Evolphin Software, the creator of the revolutionary Media Asset Management platform Zoom, today announced that the Football Club Internazionale Milano (Inter Milan) is leveraging a robust, AI-driven media asset management system based on Veritone aiWARE and the Evolphin Zoom MAM platform. The combination of aiWARE and Evolphin Zoom gives Inter Milan a next-generation solution for indexing, managing, and monetizing its massive library of archived and current content. As a result, Inter Milan is able to give its stakeholders around the globe faster and more efficient access to tailored content.

The Evolphin Zoom MAM ingests and transcodes the content from Inter Milan and sends media for analysis to Veritone's aiWARE platform. Veritone's aiWARE uses advanced AI techniques to generate descriptive information about the content, such as spoken words, faces, logos, or advertiser names mentioned, making the content indexed and searchable. In this manner aiWARE helps Inter Milan tag and identify key assets within the library, enabling video editors, journalists, and designers to find particular content they need quickly and deliver their work faster than ever.

Once aiWARE has analyzed the team's assets and generated the necessary metadata, the information is programmatically sent back to the Evolphin Zoom MAM platform. Zoom acts as the orchestrator of Inter Milan's new digital content production pipeline, providing out-of-the-box media management capabilities, including enterprise-grade security and versioning of assets, rich plugins to Adobe apps, powerful tagging and searching, and automated distribution of content to any destination.

"At Evolphin, we are proud to begin this journey with Inter Milan and Veritone," said Brian Ahearn, CEO of Evolphin. "The technologies we are applying here are incredibly innovative and unlike anything available on the market today."

Veritone President Ryan Steelberg added, "In partnership with Evolphin, we look forward to helping Inter Milan leverage our aiWARE platform to get maximum benefit out of its tremendously valuable content library and better serve all of its key stakeholders, from fans and viewers to sponsors and editors."

More information about Veritone's products and services is available at www.veritone.com. More information about Evolphin's products and services is available at www.evolphin.com.

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About Evolphin
Evolphin is an enterprise software company with a global footprint and customers in multiple industries including media and entertainment, broadcast, and sports. Evolphin Zoom is a patented enterprise grade software system available in the cloud or on-premises. The system provides core DAM and MAM capabilities in addition to data management, distribution, analytics, and security. We push the boundaries of possibility and save time, money, and frustration for creative teams.

About Veritone
Veritone (Nasdaq: VERI) is a leading provider of artificial intelligence (AI) technology and solutions. The company's proprietary operating system, aiWARE™, orchestrates an expanding ecosystem of machine learning models to transform audio, video, and other data sources into actionable intelligence. aiWARE can be deployed in a number of environments and configurations to meet customers' needs. Its open architecture enables customers in the media and entertainment, legal and compliance, and government sectors to easily deploy applications that leverage the power of AI to dramatically improve operational efficiency and effectiveness. Veritone is headquartered in Costa Mesa, California, with over 300 employees, and has offices in Denver, London, New York, San Diego, and Seattle. To learn more, visit Veritone.com.

Product or service names mentioned herein are the trademarks of their respective owners.

Safe Harbor Statement
This news release contains forward-looking statements, including without limitation statements regarding Inter Milan's adoption of an integrated asset management system based on Veritone aiWARE and the Evolphin Zoom MAM platform, and the expected benefits to Inter Milan and its users. Without limiting the generality of the foregoing, words such as "may," "will," "expect," "believe," "anticipate," "intend," "could," "estimate" or "continue" or the negative or other variations thereof or comparable terminology are intended to identify forward-looking statements. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances are forward-looking statements. Assumptions relating to the foregoing involve judgments and risks with respect to various matters which are difficult or impossible to predict accurately and many of which are beyond the control of Veritone. Certain of such judgments and risks are discussed in Veritone's SEC filings. Although Veritone believes that the assumptions underlying the forward-looking statements are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the results contemplated in forward-looking statements will be realized. In light of the significant uncertainties inherent in the forward-looking information included herein, the inclusion of such information should not be regarded as a representation by Veritone or any other person that their objectives or plans will be achieved. Veritone undertakes no obligation to revise the forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Link to Word Doc: www.wallstcom.com/Veritone/191219Veritone.docx

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Photo Caption: Logos for Inter Milan, Evolphin, and Veritone

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