Vizrt signs two Broadcast Graphics deals for a total of USD 500,000 in Asia

Bergen, Norway, June 28, 2013, Vizrt Ltd. (Oslo Main List: VIZ)

Vizrt Ltd. announced today two deals, similar in value, worth a combined USD $500,000 for broadcast graphics products with two broadcasters in Asia. Both broadcasters are current customers who are expanding their story telling capability and are upgrading to HD.

The deals include products for creating an immersive studio experience. Viz Virtual Studio will give the Companies a high quality virtual set that allows them to create complex virtual environments in an easy to use interface.

Viz Trio, Vizrt’s real-time 3D character generator, was the graphics system of choice for one of the customers due to their past experience with Vizrt products. They will use Viz Trio in the control room to trigger graphics in real-time live to air.

About Vizrt:

Vizrt provides real-time 3D graphics and asset management tools for the broadcast industry - from award-winning animations & maps to online publishing tools. Vizrt's products are used by the world's leading broadcasters and publishing houses, including: CNN, CBS, Fox, the BBC, BSkyB, Al Jazeera, ITN, ZDF, Star TV, Network 18, TV Today, CCTV, NHK, The Globe and Mail, Times Online, The Telegraph, and Welt Online. Furthermore, many world-class production houses and corporate institutions such as the Stock Exchanges in New York and London use Vizrt systems.

Vizrt is a public company traded on the Oslo Main List: VIZ, ISIN: IL0010838154. For further information please refer to www.vizrt.com

Martin Burkhalter / CEO / +41 22 365 75 01 / MBurkhalter@vizrt.com

Tomer Wald / CFO / +47 5351 8040 / TWald@vizrt.com

Frank Schwarz / Schwarz Financial Communication / +49 611 1745 398 11 schwarz@schwarzfinancial.com

Copyright © Vizrt. All rights reserved. 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

Subscribe