Vizrt Closes Contracts for 4 Million US-Dollar

Bergen, Norway, November 7, 2006. Vizrt Ltd. (Frankfurt Prime Standard, Oslo Main List: VIZ) announces today, that last week the company has signed three deals together worth approximately USD 4 million. The total volume splits up in one order of USD 1.7 million from Asia/Pacific, a second contract for USD 1.5 million was closed in Western Europe, the third deal was signed in Eastern Europe and accounted for approximately USD 0.7 million. The deals are expected to be partly recognized during Q4 of this year and in 2007.

The deal in Eastern Europe is the first significant cross selling of a Ardendo system into a "Viz-station", a customer that is already employing graphic products of the company. The other two deals are major stations that are implementing larger broadcast graphics solutions throughout their station, one of which is a new Vizrt customer. For competitive reasons the company cannot disclose the names of the customers.

About Vizrt:
Vizrt offers a new vision for content creation and delivery with an end-to-end solution from ingest to visualization. Our solution combines Vizrt's true 2D/3D graphics tools with Curious Software's World Maps and Ardendo's Asset Management. Running on non proprietary software, the combination of these unique cutting edge products ensures a seamless workflow from conception to multi-format distribution. The latest addition to the Vizrt product suite is Viz|3G for hand held devices.
 
Vizrt's product suite is used by the world's leading broadcasters including: CNN, CBS, Fox, BBC, Sky, ITN, ZDF, Star TV, TV Today, CCTV and NHK. Also, many world-class production houses and corporate institutions, including both the New York and London Stock Exchanges, utilize Vizrt solutions.
 
Vizrt is a public company traded on the Frankfurt Prime Standard and on the Oslo Main List: VIZ, ISIN: IL0010838154. For further information please refer to www.vizrt.com


Press contacts:



Ofra Brown
     Kathrine Wallace
     SCHWARZ Financial Communication
CFO
     VP Marketing
     Frank Schwarz
+47 2169 2790
     +47 55 90 8265
      +49 611 1745 398 11
     kwa@vizrt.com
 
 
This press release contains forward-looking statements with respect to the business, financial condition and results of operations of Vizrt and its affiliates. These statements are based on the current expectations or beliefs of Vizrt's management and are subject to a number of risks and uncertainties that could cause actual results or performance of the Company to differ materially from those contemplated in such forward-looking statements. These risks and uncertainties relate to changes in technology and market requirements, the company's concentration on one industry, decline in demand for the company's products and those of its affiliates, inability to timely develop and introduce new technologies, products and applications, and loss of market share and pressure on pricing resulting from competition, which could cause the actual results or performance of the company to differ materially from those contemplated in such forward-looking statements. Vizrt undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.