Vizrt Appoints New CCO

Oslo, Norway, August 02, 2010 Vizrt Ltd. (Oslo Main List: VIZ)

Vizrt, a leading provider of content production tools for the digital media industry, announced today that it has appointed François Laborie as its new Chief Commercial Officer.

François Laborie joined Vizrt at the beginning of 2006 as the Company's Executive Vice President Marketing. At the beginning of 2010, he took on the additional role of Regional President for the EMEA region. Prior to joining Vizrt, he held senior positions, such as project manager at the EADS Corporate Research Center, division Information Technologies.

Martin Burkhalter, CEO for Vizrt, stated, "We are very happy to have been able to fill the vacant position of CCO internally. François has made a great impact since joining the Company. Together with his team, he positioned Vizrt as one of the major brands of the digital media industry. François also oversaw the establishment of consistent processes and structures to deliver product packages and customer care on par with Vizrt's ambitions. Both as EVP and then President of Vizrt's largest territory, François played an active role in Vizrt's strategy development and implementation to create a unique platform for the media industry.

His leadership has been instrumental in changing the competence of his team from purely marketing to becoming an essential input in all commercial processes, proving that he is ready to take on an even more senior role within the Company."

François Laborie commented, "I am very enthusiastic to be given the opportunity to build further on our ambitious global commercial strategy at such an exciting time in our industry. In the four years I have been with Vizrt, the Company has continuously evolved, anticipating the great rise and transformation of the digital media landscape. We are now present in all areas from content creation, through media asset management, to publication and delivery over a wide variety of platforms. The position Vizrt has achieved in the market is unique and I am proud to be a part of this. The next challenge will be to convert the great potential that is out there, both in terms of global expansion and product/solution diversification, into growth."

About Vizrt:
Vizrt provides real-time 3D graphics and asset management tools for the broadcast industry - from award-winning animations & maps to online publishing tools.

Vizrt's latest addition to its portfolio is Adactus' software platform enabling delivery and presentation of adapted multimedia content for mobile terminals, such as smart phones, tablet PCs and smart TVs.

Vizrt's product suite is used by the world's leading broadcasters, publishing houses and telecom operators, including: CNN, CBS, Fox, BBC, Sky, ITN, ZDF, Star TV, Network 18, TV Today, CCTV, NHK, The Globe and Mail, The Telegraph, Welt Online, Etisalat and Telia Sonera. Furthermore, many world-class production houses and 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