Bergen, Norway, October 31, 2007. Vizrt Ltd. (Frankfurt Prime Standard, Oslo Main List: VIZ). With regard to inquiries of some shareholders, the Company clarifies that the issuance of new shares, at the rate of two Ordinary Shares for each one Ordinary Share held by the Company's shareholders, published pursuant to Section 4 para. 2 no. 5 German Securities Prospectus Act, was performed by distribution of bonus shares free of charge to the shareholders. The Bonus Shares have been validly created and fully paid by way of conversion of capital reserves under shareholders' equity into share capital. The distribution of the bonus shares was approved by the Company's Board of Directors of May 8, 2007 and by the extraordinary meeting of the shareholders of the Company on July 19, 2007.


Such allocation of bonus shares is neither a dividend, in cash or in kind, nor any other financial allocation to the shareholders of the Company. The issuance of the bonus shares to the shareholders in relation to their existing shareholding in the Company was to allow greater fungibility of the shares to the shareholders of the Company

Further details of the issuance of the bonus shares to shareholders of the Company as well as the effect on existing option rights contain the document pursuant to Section 2 para. 2 no. 5 German Securities Prospectus Act published on August 15, 2007.



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