Poland is Becoming a Vizrt Stronghold
Bergen, Norway, September 24, 2007. Vizrt Ltd. (Frankfurt Prime Standard, Oslo Main List: VIZ) announces today, that the company has received additional backlog of USD 0.5 million from Poland. The newly signed deal in Q3 is substantiating the repeat sales business model of Vizrt with its customers. During 2006 and the first half of 2007 Vizrt had recorded more than USD 2.2 million in revenues. The company has taken a definitive lead in the Polish market.
The current Polish Vizrt customers are: The public broadcaster TVP, ITI group with its three channels TVN24, TVNBiznes and nSports, satellite channel Polsat and FOX Poland. TVP became Vizrt customer in 2005 and has constantly upgraded and expanded their Viz-installations. The TVP News Channel has currently purchased graphic software for a little under USD 600,000, which is to be recognized over Q3 and Q4 2007.
Overview Revenue Development in Poland:
2004 FY USD 0.188m
2005 FY USD 0.437m
2006 FY USD 1.208m
2007 H1 USD 1.000m
About Vizrt:
Vizrt offers a new vision for content creation and delivery with an end-to-end solution from ingest to visualization. Our solution combines Vizrt's true 2D/3D graphics tools with Curious Software's World Maps and Ardendo's Asset Management. Running on non proprietary software, the combination of these unique cutting edge products ensures a seamless workflow from conception to multi-format distribution. The latest addition to the Vizrt product range is the Viz|Multi Platform Solution.
Vizrt's product suite is used by the world's leading broadcasters including: CNN, CBS, Fox, BBC, Sky, ITN, ZDF, Star TV, TV Today, CCTV and NHK. Also, 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 Frankfurt Prime Standard and on the Oslo Main List: VIZ, ISIN: IL0010838154. For further information please refer to www.vizrt.com
Press contacts:
Bjarne Berg
President & CEO
+47 9055 7711
bberg@vizrt.com
Ofra Brown
CFO
+47 2169 2790
ofra@vizrt.com
SCHWARZ Financial Communication
Frank Schwarz
+49 611 1745 398 11
schwarz@schwarzfinancial.com
The current Polish Vizrt customers are: The public broadcaster TVP, ITI group with its three channels TVN24, TVNBiznes and nSports, satellite channel Polsat and FOX Poland. TVP became Vizrt customer in 2005 and has constantly upgraded and expanded their Viz-installations. The TVP News Channel has currently purchased graphic software for a little under USD 600,000, which is to be recognized over Q3 and Q4 2007.
Overview Revenue Development in Poland:
2004 FY USD 0.188m
2005 FY USD 0.437m
2006 FY USD 1.208m
2007 H1 USD 1.000m
About Vizrt:
Vizrt offers a new vision for content creation and delivery with an end-to-end solution from ingest to visualization. Our solution combines Vizrt's true 2D/3D graphics tools with Curious Software's World Maps and Ardendo's Asset Management. Running on non proprietary software, the combination of these unique cutting edge products ensures a seamless workflow from conception to multi-format distribution. The latest addition to the Vizrt product range is the Viz|Multi Platform Solution.
Vizrt's product suite is used by the world's leading broadcasters including: CNN, CBS, Fox, BBC, Sky, ITN, ZDF, Star TV, TV Today, CCTV and NHK. Also, 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 Frankfurt Prime Standard and on the Oslo Main List: VIZ, ISIN: IL0010838154. For further information please refer to www.vizrt.com
Press contacts:
Bjarne Berg
President & CEO
+47 9055 7711
bberg@vizrt.com
Ofra Brown
CFO
+47 2169 2790
ofra@vizrt.com
SCHWARZ Financial Communication
Frank Schwarz
+49 611 1745 398 11
schwarz@schwarzfinancial.com