Oslo, Norway - 1 June 2019 - Cxense ASA (OSE: CXENSE), the AI-powered data
management and intelligent personalization company that drives revenue for
publishers and brands, today announced that Penske Media Corporation (PMC), a
leading digital media company based in the United States, has signed an
agreement to use Cxense Conversion Engine. The publisher will implement Cxense
on several of their digital properties, including such prestigious brands as
Variety, Rolling Stone, and Women's Wear Daily (WWD). PMC's award-winning
content attracts a monthly audience of more than 180 million.

By leveraging Cxense's AI capabilities, the publisher will be able to increase
revenue through personalizing both editorial and commercial content, whilst
giving commercial and editorial teams a greater understanding of their audiences
and growth opportunities.

About Penske Media Corporation:

Penske Media Corporation (PMC) is a leading digital media and information
services company whose award-winning content attracts a monthly audience of more
than 180 million and empowers more than 1 million global CEOs and business
thought-leaders in markets that impact the world. Our dynamic events, data
services, and rich content entertain and educate today's fashion, retail,
beauty, entertainment and lifestyle sectors. Headquartered in New York and Los
Angeles with additional offices in 11 countries worldwide, Penske Media is the
way global influencers are informed, connected, and inspired. To learn more
about PMC and its iconic brands, visit www.pmc.com.

About Cxense:
Cxense is an AI-powered Data Management and Intelligent Personalization platform
that helps 190 leading publishers and marketers around the globe deliver
personalized experiences that grow subscription revenue and boost targeted
advertising. Our technology organizes first, second, and third party data into
powerful custom segments and 1:1 user profiles before applying machine learning
to understand and predict customer behavior and intent. As a result, our clients
are able to deliver unique and relevant content and offers to customers in real
time, driving more subscriptions, sales, advertising revenues, and higher
customer lifetime value. The Cxense platform creates 15 billion personalized
touchpoints for 2 billion unique users each quarter. Cxense works with global
brands such as The Wall Street Journal, Singapore Press Holdings, Mediahuis and
The Mainichi Newspapers. We are listed on the Oslo Stock Exchange and have
offices in Norway, the US, Japan, Russia, Germany, and Argentina.

Visit www.cxense.com for more information.
Investor Relations contact:
Jørgen Evjen, Chief Financial Officer
Email: jorgen.evjen@cxense.com
Mobile: +47 928 04 014
Media contact:
Tobias Arns, Head of Marketing and Communications
Email: tobias.arns@cxense.com
Mobile: +47 920 24 305