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    VERI   US92347M1009

VERITONE, INC.

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Veritone's MARVEL.ai Brings Synthetic Cloning Capabilities to Iconic Voice of The Bert Show Host and Georgia Radio Hall of Fame Member Bert Weiss

01/10/2022 | 07:01am EDT

Nationally syndicated morning radio show selects Veritone’s award-winning synthetic voice solution to create realistic text-to-speech and speech-to-speech models of top talent securely and efficiently

Veritone, Inc. (NASDAQ: VERI), creator of aiWARE, a hyper-expansive enterprise AI platform, today announced it has signed a deal with The Bert Show, hosted by Georgia Radio Hall of Famer Bert Weiss. Selecting Veritone’s award-winning MARVEL.ai for its high-quality custom synthetic voice cloning solution, the popular nationally syndicated morning show can securely and efficiently create text-to-speech and speech-to-speech versions of Bert’s iconic and sought-after voice for a myriad of projects without his physical presence required.

“I am really excited to start using Veritone’s MARVEL.ai. Seems like it makes the impossible possible,” says Weiss, who began hosting the show in 2001. “They say you can’t be in two places at the same time but we’re sure getting close. Between The Bert Show syndication, my new podcasting network, Pionaire, my family and my nonprofit organization, Bert’s Big Adventure, time is at a premium. We’re all pressed for time.

Recutting production or creating new promotional content is vital but time consuming. I’m excited to start experimenting with MARVEL.ai’s synthetic voice quality. And it sure looks easy to use. Veritone promises us professional services, guidance and support to give our Show Director Tommy Owen the ability to develop original content and repurpose audio clips with nothing needed from me other than my consent. Not only will that reduce production cost but also expands where and how my voice can be heard.”

Nationally syndicated through Cumulus Media in 27 markets across the U.S and originating from the studios of Atlanta-based WWWQ, a Top 40 outlet branded as Q100, The Bert Show features Weiss along with co-hosts Kristin Klingshirn, Davi Crimmins and Moe Mitchell who offer a blend of lifestyle advice, national entertainment news, celebrity interviews, humor and on-air community. The program’s success lies in its original unscripted content and the openness of cast members to share the most intimate and vulnerable details of their lives. This openness is what keeps the show’s 1 million+ listeners coming back for more every day via radio and podcast platforms including Apple Podcasts, Spotify, Stitcher and Google Podcasts.

“Partnering with The Bert Show to bring synthetic voice capabilities through MARVEL.ai is a significant step for us both,” says Veritone President Ryan Steelberg. “We share a passion for and a commitment to evolving with changing listening habits of consumers as well as content evolution. As a leader in the AI industry, Veritone is continually extending the power of synthetic voice technology in innovative and inclusive ways. We are confident the next 20 years will be even more remarkable for The Bert Show than the 20 past.”

Veritone’s MARVEL.ai, named a 2021 NAB SHOW Product of the Year, is a hyper-realistic synthetic voice solution that allows clients to ethically and securely create and monetize professional-quality synthetic voice that can be easily personalized into different genders, languages, dialects, accents and more. Built on Veritone's aiWARE, the first operating system for AI, the self-serve application supports both text-to-speech and speech-to-speech. Addressing the need for media companies, brands, broadcasters and advertisers to fulfill increasing consumer cravings for new content, MARVEL.ai reduces production costs by speeding the process of getting content to market while expanding audience reach exponentially.

Read Veritone’s whitepaper to learn more about voice cloning.

To learn more about Veritone, visit Veritone.com.

About Veritone

Veritone (NASDAQ: VERI) is a leader in enterprise artificial intelligence (AI) solutions. Serving organizations in both commercial and regulated sectors, Veritone’s software, services, and industry applications simplify data management, empowering the largest and most recognizable brands in the world to run more efficiently, accelerate decision making and increase profitability. Veritone’s hyper-expansive Enterprise AI platform, aiWARE™, orchestrates an ever-growing ecosystem of machine learning models to transform audio, video and other data sources into actionable intelligence. Through its robust partner ecosystem and professional and managed services, Veritone develops and builds AI solutions that solve the problems of today and tomorrow.

Safe Harbor Statement

This news release contains forward-looking statements. 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.


© Business Wire 2022
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Financials (USD)
Sales 2022 181 M - -
Net income 2022 -49,6 M - -
Net cash 2022 56,6 M - -
P/E ratio 2022 -5,38x
Yield 2022 -
Capitalization 261 M 261 M -
EV / Sales 2022 1,13x
EV / Sales 2023 0,83x
Nbr of Employees 546
Free-Float 86,2%
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Number of Analysts 7
Last Close Price 7,24 $
Average target price 17,86 $
Spread / Average Target 147%
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Managers and Directors
Chad Edward Steelberg Chairman & Chief Executive Officer
Ryan S. Steelberg President & Director
Michael L. Zemetra Chief Financial Officer, Treasurer & Executive VP
G. Louis Graziadio Independent Director
Jeff P. Gehl Independent Director
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