Vizrt signs USD 270k broadcast graphics deal with a production company in Oceania

Bergen, Norway, January 2, 2015, Vizrt Ltd. (Oslo Main List: VIZ).

Vizrt Ltd. announced today a deal worth USD 270,000 for the implementation of broadcast graphics products with a production company in Oceania. The customer provides production services for sports to broadcasters across the region.

The deal includes several Viz Trios, Vizrt’s character generator (CG). Viz Trio will be used for live sports productions as a tool for controlling playlists of graphics.

Graphics are triggered from Viz Trio and rendered in real-time with Viz Engine, Vizrt’s powerful real-time compositing engine. Vizrt’s reputation in the region for providing the best live production platform provider was the key reason behind the customer’s selection of Viz Engine and related products.

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 / 49 611 580 2929 0 / 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.

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