Vizrt signs USD 1.6 million Viz Engine upgrade and expansion deal with a US news channel

Bergen, Norway, June 30, 2014, Vizrt Ltd. (Oslo Main List: VIZ).

Vizrt Ltd. announced today a deal worth USD 1.6 million for the implementation of broadcast graphics and media asset management (MAM) products with a news cable network in the US. The new systems replace older Vizrt systems, as well as expand the number of systems used to cater for greater capacity demands. The channel is part of an international broadcast group that has been using Vizrt as its primary graphics systems provider at various locations throughout the world. By using Vizrt graphics products, the broadcast group is able to unify and integrate its graphics production workflow throughout all of its networks.

The deal includes multiple Viz Engines for compositing real-time video and graphic content live on-air. The network is also using multiple Viz Engines to provide high-resolution content for video walls in the studios.

The Clip Core component of Viz One, Vizrt’s Media Asset Management system, was included in the deal to allow the broadcaster to store video and images in a central database. The component enables Viz Engine to composite video with graphics for live on-air playback.

Vizrt’s CEO Martin Burkhalter commented: “This new order from a longtime customer is a good example of how we are able to expand business from existing customers as they grow, as well as through upgrades. Our integrated offering clearly meets our customers’ requirements for improved workflow efficiencies, ensuring a quick return on investments for workflow and capacity expansion projects.”

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

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.