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Vizrt Signs 1 Million US-Dollar Broadcast Graphics Deal with Channel Seven Australia

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Bergen, Norway, August 23, 2012. Vizrt Ltd. (Oslo Main List: VIZ)

Vizrt Ltd. announced today that the Company has signed a deal worth USD 1 million with Channel Seven Australia for the implementation of broadcast graphics products in six of their stations.

Channel Seven Australia had been looking to replace outdated graphics system it had been using in each of it's Capital City stations. Channel Seven found Vizrt to fit the network's specific needs with its Content Pilot enterprise solution and template based workflow. Templates on the various Vizrt systems can be shared across each station with little need for customization. The deal includes Viz Content Pilot for templated integration with the Avid iNews newsroom control system. With Viz Content Pilot, journalists have access to a small but advanced graphics editing tool that enables them to add images, text, videos, and maps to a template that then create a playlist for Studio playout. In the Control Room, under Studio automation or Viz Trio, Vizrt's real-time character generator (CG), triggers the content live to air. Real-time 3D maps will be created and managed in Viz Content Pilot through integration of Viz World. Viz World allows the broadcaster to have a fully customized mapping system that integrates directly with each of their Vizrt systems. Viz Engine, Vizrt's powerful real-time 3D rendering engine, will display all the graphic content in SDI and DVI outputs.

Another component to expand Channel Seven's branding capability is Viz Ticker3D. This advanced ticker system makes it possible for the network to create tickers with multiple graphical elements at various speeds that can be displayed simultaneously. The ticker templates can then be shared between stations while the content of each ticker is unique to that station.

"With this purchase, Channel Seven has completely modernized its graphics infrastructure and has built a centralized solution that will increase efficiency over all their stations", said Martin Burkhalter, CEO of Vizrt. "We are proud that Channel Seven has chosen Vizrt to be its complete graphics system provider and we are looking forward to a long-term co-operation with this new customer in Australia."  

About Channel Seven

Seven West Media is the leading, listed national multi-platform media business based in Australia. We comprise Seven Television, the leading free to air capital city television network; Pacific Magazines, the country's second largest magazine group by readership; Yahoo!7 one of the nation's most successful internet platforms, as well as Western Australia's leading newspaper, The West Australian and associated WA regional newspapers and radio stations. Seven West Media was created through the acquisition of Seven Media Group by West Australian Newspapers Holdings Limited (WAN) as approved by WAN shareholders on 11 April 2011.

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

Martin Burkhalter / CEO / +41 22 365 75 01 / MBurkhalter@vizrt.com

Ofra Brown / CFO / +47 5351 8040 / OBrown@vizrt.com

Frank Schwarz / Schwarz Financial Communication / +49 611 1745 398 11 schwarz@schwarzfinancial.com

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
 

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