Vizrt signs substantial MAM deal with African sports channel

Bergen, Norway, December 29, 2014, Vizrt Ltd. (Oslo Main List: VIZ).

Vizrt Ltd. announced today a deal worth in excess of USD 1 million for the implementation of media asset management (MAM) systems with a sports and entertainment channel in Africa. The customer has been using Vizrt’s MAM enterprise solution for several years. The solution will help the client further optimizing operations by the implementation of a business orchestration layer. 

The order includes the enterprise edition of the Viz One MAM system, covering the entire video management workflow from ingest to output. Viz One provides tools to access video content from any desktop and options for collaboration of content between multiple sites and systems.

"We are pleased to help our long standing customer make the switch to a digitised media asset management platform," stated Martin Burkhalter, CEO of Vizrt. "Our MAM solution helps customers extend the economic life of their assets and improves workflow efficiency. We are proud to have been chosen for this major project, which we consider yet another validation for the quality of our offering, as well as the deep reach of our commercial and support organization."

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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