Martin Burkhalter Appointed Permanent CEO of Vizrt
Bergen, Norway, June 09, 2010. Vizrt Ltd. (Oslo Main List: VIZ)
The Board of Directors of Vizrt has appointed Mr. Martin Burkhalter as permanent CEO of the company. Martin Burkhalter has been acting CEO since the sudden demise of Mr. Bjarne Berg on May 8, 2010.
Mr. Svein Ove Strømmen, Chairman of the Board, stated: "I am very pleased to announce that Martin Burkhalter has been appointed as Vizrt's CEO. Martin has an impressive track record of producing results throughout his professional career. He has intimate knowledge of the people, the culture, operations and the market in which Vizrt operates."
"Over the last few years, Vizrt has grown to such an extent that our leadership has had to change along with it. Martin has brought to the Company a rich background in both commercial management and complex project management and has a proven track record in leading large organizations. The experience he gained in the Olympics held in Lillehammer, Norway, adds another dimension that the Company has benefited from over the last few years. In conclusion, he is the right person to lead the Company going forward and to bring Vizrt to the next level."
Mr. Martin Burkhalter joined Vizrt a little more than four years ago as Chief Commercial Officer, following which he was appointed Chief Operating Officer. Before joining Vizrt, he held positions as CEO at Intersport International and President for Reebok EMEA.
Looking forward to leading Vizrt, Mr. Burkhalter commented: "It is sad that I had to take over the helm of the company under such circumstances. However, I am in the fortunate position that I am surrounded by an exceptionally strong and talented team to help me move the Company forward and write the next chapter in Vizrt's history. The media world is changing rapidly and with our strategy that encompasses both diversification and enhanced integration of technology, products and applications, Vizrt is very well positioned to benefit from the emerging new landscape. We will build on further strengthening our leading position and continue to deliver state of the art solutions to our customers across the globe."
About Vizrt:
Vizrt creates leading-edge content production tools for the digital media industry - from award-winning 3D graphics & maps through integrated video workflow solutions and online publishing tools.
We propose a new vision for content creation, management and delivery with an end-to-end solution from conception to multi-format distribution. Through constant innovation and a good measure of fun, we create software and services that push creative boundaries and develop new ways of telling stories.
Vizrt's product suite is used by the world's leading broadcasters and publishing houses, including: CNN, CBS, Fox, BBC, Sky, ITN, ZDF, Star TV, Network 18, TV Today, CCTV, NHK, The Globe and Mail, The Telegraph, and Welt Online. Furthermore, 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 Oslo Main List: VIZ, ISIN: IL0010838154.
Investors and media contacts:
Martin Burkhalter
CEO
+41 (79) 795 24 48
mbu@vizrt.com
Ofra Brown
CFO
+47 5351 8040
ofra@vizrt.com
SCHWARZ Financial Communication
Frank Schwarz
+49 611 1745 398 11
schwarz@schwarzfinancial.com
This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)