Vizrt Signs USD 400,000 Broadcast Graphics Deal with Virgo Media Ltd. in Bangladesh
Bergen, Norway, December 05, 2011. Vizrt Ltd. (Oslo Main List: VIZ)
Vizrt Ltd., a leading supplier of production tools to the digital media industry, announced today it has entered into an agreement with Virgo Media Ltd. (Channel 9) in Bangladesh worth approximately USD 400,000.
Channel 9 is the first entertainment channel to sign up with Vizrt in Bangladesh, where the Company has already built as strong position in the news and weather broadcast markets. The HD channel caters to the youth market with in-house programming, as well as music videos and reality shows.
Viz Engine will power the channel´s HD content. Pre-production and live content will use Viz Trio as their character generator (CG) and Viz MultiChannel will provide high quality graphics for channel branding. In the studio, Viz Virtual Studio will be used for complex, animated 2D and 3D sets.
About Virgo Media:
Virgo Media Ltd. is part of the VIRGO Group of Companies, which is a diversified business group headquartered in Dhaka, Bangladesh and managed by a highly qualified, knowledgeable, and experienced team. Founded in April 2005 in Dhaka, VIRGO has become one of the leading specialized groups in Bangladesh with multimillion assets and a stable and talented workforce. Rapid growth and targeted acquisitions have allowed VIRGO to expand group operations all over Bangladesh. The Group has developed extensive businesses interests in specialized Pharmaceuticals, Distributions, Media and several other industries.
About Vizrt:
Vizrt offers a new vision for content creation and delivery with an end-to-end solution from ingest to visualization. Our solution combines Vizrt's true 2D/3D graphics tools with Curious Software's World Maps and Ardendo's Asset Management. Running on non proprietary software, the combination of these unique cutting edge products ensures a seamless workflow from conception to multi-format distribution. The latest addition to the Vizrt product suite is Viz|3G for hand held devices.
Vizrt's product suite is used by the world's leading broadcasters including: CNN, CBS, Fox, BBC, Sky, ITN, ZDF, Star TV, TV Today, CCTV and NHK. Also, many world-class production houses and corporate institutions, including both the New York and London Stock Exchanges, utilize Vizrt solutions.
Vizrt is a public company traded on the Oslo Main List: VIZ, ISIN: IL0010838154. For further information please refer to www.vizrt.com
Investors and media contacts:
Martin Burkhalter
President & CEO
+41 22 365 75 01
mbu@vizrt.com
Ofra Brown
CFO
+47 5351 8040
ofra@vizrt.com
SCHWARZ Financial Communication
Frank Schwarz
+49 611 1745 398 11
schwarz@schwarzfinancial.com