Vizrt signs USD 1.5 million deal with Middle East broadcaster for complete graphics and video solution

Bergen, Norway, September 30, 2013, Vizrt Ltd. (Oslo Main List: VIZ).

Vizrt Ltd. announced today a deal worth USD 1.5 million for the implementation of broadcast graphics and media asset management (MAM) products with a broadcaster in the Middle East. The broadcaster, a new customer for Vizrt, recently decided to consolidate all of the systems in their news broadcast chain with a single vendor. Vizrt was chosen due to the quality and the cohesive nature of each of its broadcast products that integrate easily to form a complete workflow solution for the newsroom, control room, studio and master control.

“This deal exemplifies the differentiated nature of our offering. We deliver unsurpassed product quality on a stand-alone basis, while at the same time being able to deliver great efficiencies across the whole broadcast workflow spectrum due to the seamless integration between our different product suites.” said Martin Burkhalter, Vizrt CEO. “We are proud of having won this new customer, and we look forward to a long and successful cooperation.”

In the newsroom, multiple Vizrt solutions come together to provide the editorial staff with enhanced control over their video and graphic content. Using their native newsroom control system, journalists add graphics to their broadcast using Viz Content Pilot as a template-based graphics system. With integration to Viz Media Engine, the journalists also incorporates video, performs basic edits and inserts graphics on the timeline of the video, all from a single interface. This video and graphics content becomes part of a playlist, to be activated from the control room.

The customer’s newsroom will have additional editorial tools through the use of Viz NLE. Editors choose templates and insert graphics on the timeline from within their craft editing systems, providing a continuity to graphics created in preproduction and those used on-air.

In the control room, Viz Content Pilot acts as a clipstore and character generator (CG) in one. Playlists of graphics and video come from the newsroom, and Viz Content Pilot operators trigger the video and graphics events as needed live to air. Viz Engine handles the real-time rendering of all the graphic and video content.

The broadcaster is getting a new powerful solution to display video wall content in the studio. Using multiple Viz Engines, high resolution graphics and video are displayed on the video wall. The content of the wall is controlled through Viz Content Pilot in the control room, as well as with Viz Anchor, Vizrt’s iPad-based graphics control system. With Viz Anchor, the presenters in the studio can control the pacing of graphic content through a simple touch interface.

Engineering staff will be using Viz Secure to assist in monitoring all these systems. Viz Secure monitors the health of every system in the production pipeline, providing diagnostic information and pre-emptive alerts, as well as solutions to potential problems.

Investor and media contact:

Martin Burkhalter / CEO / 41 22 365 75 01 / MBurkhalter@vizrt.com

Tomer Wald / CFO / 47 5351 8040 / TWald@vizrt.com

Frank Schwarz / Schwarz Financial Communication / 49 611 1745 398 11 schwarz@schwarzfinancial.com

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,  Al Jazeera, 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

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.