Vizrt Signs Deals with Two German Production Houses for Combined Value of over USD 800,000
Bergen, Norway, March 28, 2012, Vizrt Ltd. (Oslo Main List: VIZ)
Vizrt Ltd., a leading provider of content production tools for the digital media industry, announced today that the Company has signed two deals worth in excess of USD 800,000 for the implementation of Broadcast Graphics products with production houses in Germany.
The first deal concerns the migration of a broadcaster to full HD. Products included in the deal are Viz Engine, Vizrt's real time 3D rendering platform, and Viz Graphics Hub, to serve as the station's central database for all Vizrt graphics. The upgrade includes additional hardware and software upgrades.
The second deal consists of the rental of several Viz Engines for live production. In addition, installation, design and operation services have been purchased.
"With these two new deals, Vizrt continues to expand its footprint in the German media market for the live production of news, sports and broadcast entertainment", said Martin Burkhalter, CEO of Vizrt.
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.
Investors and media contacts:
Martin Burkhalter
CEO
+41 22 365 75 01
Ofra Brown
CFO
+47 5351 8040
SCHWARZ Financial Communication
Frank Schwarz
+49 611 1745 398 11