Vizrt signs a USD 358k broadcast graphic deal with a European broadcaster
Bergen, Norway, December 18, 2014, Vizrt Ltd. (Oslo Main List: VIZ).
Vizrt announced today a deal worth USD 358,000 for the implementation of broadcast graphics with a European broadcaster.
The deal includes several HD Viz Engines, to be installed and employed at a new channel due to launch in 2015. Viz Engine, Vizrt’s real-time 3D compositing system, is at the core of Vizrt’s graphics and video capabilities, providing the rendering and compositing for almost every Vizrt product. The purchase of this volume of Viz Engines will allow the broadcaster to perform a wide variety of broadcast graphics operations.
The broadcaster is an existing customer of Vizrt in another European country. Being very satisfied with Vizrt products and services, the broadcaster chose to expand the cooperation and bring in Vizrt as an important part of building up a new channel in a new market.
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
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