Vizrt signs USD 480k broadcast graphic deal with a Southeast Asian broadcaster

Bergen, Norway, January 20, 2015, Vizrt Ltd. (Oslo Main List: VIZ).

Vizrt Ltd. announced today a deal worth USD 480,000 for the implementation of broadcast graphics products with a Southeast Asian broadcaster. The deal includes Viz Engine, Viz ContentPilot and Viz Graphic Hub.

The broadcaster is already using Vizrt systems and wants to upgrade existing systems and expand their operations capabilities with this new purchase. Vizrt’s CEO Martin Burkhalter commented: “We are enjoying a strong reputation as a provider of high quality and efficiency improving broadcast graphic tools in Southeast Asia. The repeat orders from satisfied customers is further strengthening our leading position in this dynamic market.”

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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