Vizrt signs a USD 260k Viz Mosart deal with a broadcaster in EMEA

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Bergen, Norway, June 11, 2014, Vizrt Ltd. (Oslo Main List: VIZ).

Vizrt Ltd. announced today a deal worth USD 260,000 for the implementation of the Viz Mosart studio automation system with a 24 hour news channel in EMEA. The deal was secured by meeting the broadcaster’s need for an efficient news production tool that would streamline the control room workflow and integrating this workflow with the existing Vizrt broadcast graphics installation.

Viz Mosart will manage two control rooms at the broadcaster and be fully integrated with the broadcaster’s newsroom control system (NRCS). The system will be covering all aspects of the live news production, including vision mixers, audio, video servers, virtual set and graphics.

“This deal brings into focus the level of integration already possible between Viz Mosart and other Vizrt product lines,” stated Martin Burkhalter, Vizrt CEO. “In this case, we were able to expand workflow efficiencies for our client, ranging from creative production, through the control room. We have only started to look for opportunities for further integration of native Viz Mosart and Vizrt tools, and look forward to developing new solutions for our broadcast clients.”

 

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.