Vizrt signs USD 260k broadcast graphics deal with CBC Germany

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Bergen, Norway, July 03, 2014, Vizrt Ltd. (Oslo Main List: VIZ).

Vizrt Ltd. announced today a deal worth USD 260,000 for the implementation of broadcast graphics products with Cologne Broadcasting Center (“CBC”), part of Media Group RTL Germany. The purchase expands the current Vizrt installation, which includes Viz Trio live 3D graphics systems, Viz Pilot template-based graphics system and Viz Virtual Studio systems for live, immersive 3D virtual sets.

The new deal includes additional HD Viz Engines, Vizrt’s real-time compositing system, which will give RTL additional graphics rendering capacity. Viz Virtual Studio was included to help the customer facilitate growth.

Media Group RTL Germany is one of the leading media companies in Central Europe. Its strong brands reach an audience of approximately 90 million viewers in Germany, Austria and Switzerland. Since its inception in 1994, CBC has become one of the leading broadcasting and television production companies in Germany with locations in Cologne, Munich and Berlin. Based on a single-provider approach, CBC offers its customers a broadcast operations, teleport, production, post production, system integration, consulting, IT, broadcast services, media services and SNG.

 

Investor and media contact:

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

Tomer Wald / CFO / +44 20 3289 6415 / TWald@vizrt.com

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

 

About Vizrt:

Vizrt provides real-time 3D graphics, studio automation, sports analysis and asset management tools for the broadcast industry - interactive and virtual solutions, animations, maps, weather, video editing and compositing tools. Vizrt's products are used by the world's leading broadcasters, including: CNN, CBS, Fox, the BBC, BSkyB, Al Jazeera, ITN, ZDF, Star TV, Network 18, TV Today, CCTV, and NHK. 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

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.