Vizrt Signs $815,000 Repeat Deal with Middle Eastern News Network

Fri, Oct 05, 2012 07:30 CET Report this content

Bergen, Norway, October 5, 2012, Vizrt Ltd. (Oslo Main List: VIZ)

Vizrt Ltd. has signed a deal worth $815,000 for the implementation of broadcast graphics products with a major news network in the Middle East.

The deal increases the already substantial footprint of Vizrt products at the network, with whom Vizrt has had a close relationship since the early days of the network.

The deal increases the customer's capabilities and work-flow efficiencies and includes Viz Video Wall ER. This system allows the broadcaster to distribute processing of graphic and video content across multiple Viz Engines to create a high resolution video wall. These are typically used in studio settings.

Journalists in the newsroom have been given increased capability with additional Viz Content Pilot clients. Viz Content Pilot is Vizrt's content and control application. The client version gives journalists access to templates within their newsroom control application. These templates control both graphics and video elements allowing the journalists to create content quickly and easily, and then automatically distribute it to the Viz Engines driving the video wall.  This system will significantly increase the efficiency of the broadcaster's video handling by placing complete control of all the digital assets in the hands of the journalists from within their newsroom systems.

Viz Anchor was added to the configuration to allow the presenters in the studio to have control over all the content displayed on the video wall from an easy to use iPad interface.

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 products are used by the world's leading broadcasters and publishing houses, including: CNN, CBS, Fox, the BBC, BSkyB, ITN, ZDF, Star TV, Network 18, TV Today, CCTV, NHK, The Globe and Mail, Times Online, The Telegraph, and Welt Online. 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

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