Artivision signs $2.3 million contracts with Israeli advertising agencies

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SINGAPORE (June 30): Artivision Technologies' wholly-owned subsidiary Artimedia Technologies has signed contracts with four Israeli advertising agencies.

The contracts will see the ad agencies gain access to Artimedia's exclusive premium digital video inventory on personal computers and mobile devices, as well as manage advertising campaigns through video advertising platform Advision which reaches out to audiences on desktop and mobile devices 24x7.

Clients of the agencies include large brand names for cars and electronic devices, says Artivision.

The contracts are estimated to be worth 6.5 million Israeli shekels ($2.3 million) and should contribute to Artivision’s financial year ended March 2016.

Artivision last closed at 7.2 cents.