Three news channels in the Middle East order Vizrt systems for a total of USD 3.1 million

Bergen, Norway, September 25, 2014, Vizrt Ltd. (Oslo Main List: VIZ).

Vizrt Ltd. announced today three deals with tv stations in the Middle East, worth a combined total of USD 3.1 million. These orders underline the strong position Vizrt has in the region, which has become a fast growing, very professional and demanding broadcast market over the past decade.

“These three orders represent the trust that broadcaster’s in the region have both in Vizrt’s product offering and our Dubai office,” said Martin Burkhalter, Vizrt’s CEO. “The orders exemplify how Vizrt has established technology and market leadership by offering a complete workflow environment that allows broadcasters to become more efficient, while achieving the highest quality levels in their productions.”

The largest contract, worth USD 2.0 million, was closed with Qvest Media FZ LLC, a leading systems integrator partner in the Middle East. The deal is for a news channel that is expanding its infrastructure to include a new newsroom and several new control rooms with built-in redundancy. Vizrt’s broadcast graphics and MAM (media asset management) workflow are already used by the broadcaster at existing facilities, and the new deal enables them to expand this coverage to new locations. Vizrt will help establishing these new facilities by providing technology for the creation of a complete production environment. Among others, the deal contains multiple new Viz Artist workstations, Viz Engines, the Viz Pilot content and control system, Viz One MAM and Viz World – Vizrt’s real-time 3D mapping system, that will be used in connection with news and weather production. Editors will also have access to graphics and video through the Viz Pilot NLE plugin in their native editing systems.

Additionally, a deal was signed with a news channel, originally based in Europe, that is expanding its operations to the Middle East. The client has selected Vizrt to create a complete end-to-end production workflow, including the provision of the very backbone for their launch. Total order volume from this customer is USD 727,000. In addition to broadcast graphics products, such as Viz Artist and Viz World Classic, the new station will use Viz Pilot as newsroom control system, and Viz Virtual Studio to generate the broadcast studio environment. The news channel will also use Vizrt for channel branding in master control. A combined master control solution made up of Viz Multichannel for multi-channel branding, and Viz Ticker, continually display news, weather, sports and financial content on the screen, as well as promotional content.

A third broadcaster is upgrading its current Vizrt systems with the latest available software and hardware. The contract has been ordered by INV Systems Integrations, Dubai, with an order volume of USD 347,000, and includes upgrades to Viz Engine, Vizrt’s real-time compositing engine, from SD to HD. Viz Engine is the primary rendering platform for all of the broadcaster’s channels. The broadcaster has also purchased additional seats of Viz Trio and is upgrading its Viz World Classic system to the Viz World server edition. This upgrade will allow the journalists in the newsroom to create maps in their newsroom control system (NRCS) without the assistance of designers. Additional data, including satellite imagery and street data is included.

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 1745 398 11 / 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.