Vizrt Signs Deal with TV 2 Norway for Viz Virtual Studio Hardware

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Bergen, Norway, June 01, 2012. Vizrt Ltd. (Oslo Main List: VIZ)

Vizrt Ltd. announced today that the Company has signed a deal worth in excess of USD 400,000 for the implementation of a new tracking system with TV2 Norway.

The deal includes the purchase of a new Viz Virtual Studio tracking system by MotionAnalysis. The system provides infrared tracking information for Viz Virtual Studio.  Several Viz Engines were also purchased as part of this system.  The Viz Engine handles the tracking and keying of the virtual environment giving a real-time 3D SDI output.

TV 2 Norway has been a customer of Viz Virtual Studio for many years in sports programs and many other original programs.  Viz Virtual Studio gives them the capability to create complex 2D and 3D virtual sets easily with an intuitive interface.

About TV 2 Norway:

TV 2 Norway is the largest commercial television station in Norway. TV 2 started to broadcast on 5 September 1992. They have a license to broadcast national commercial television until the end of 2015 for commercial television.  Their headquarters are located in Bergen.  TV 2 has about 750 employees.  In 1992, TV 2 A/S was admitted as full active member of the European Broadcasting Union.

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

Investors and media contacts:

 

Martin Burkhalter
President & CEO
+41 22 365 75 01
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

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

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