Vizrt Signs USD 371,000 Deal with a Scandinavian Broadcaster
Bergen, Norway, October 09, 2012. Vizrt Ltd. (Oslo Main List: VIZ)
Vizrt Ltd. announced today that a deal has been signed worth USD 371,000 for the implementation of broadcast graphics products with a broadcaster in Scandinavia.
The deal is with a current Vizrt customer who is expanding its capabilities with the purchase of Viz Multichannel. Vizrt's channel branding system, Viz Multichannel, helps broadcasters promote commercial messages on multiple channels in a fully automated way. The system simplifies the playout of playlists from the traffic department and provides a single client that handles the playlist elements of one or multiple channels.
Several Viz Engines were included in this deal to facilitate the playout of real-time 3D graphics that are triggered from the Viz Multichannel system.
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
Martin Burkhalter / CEO / +41 22 365 75 01 / MBurkhalter@vizrt.com
Ofra Brown / CFO / +47 5351 8040 / OBrown@vizrt.com
Frank Schwarz / Schwarz Financial Communication / +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.