Vizrt signs USD 400k broadcast graphics deal with cable TV channel in Asia

Bergen, Norway, December 31, 2013, Vizrt Ltd. (Oslo Main List: VIZ).

Vizrt Ltd. announced today a USD 400k deal for broadcast graphics (BG) products with a cable TV channel in Asia. The channel is an existing customer, owning a Viz Virtual Studio. The new deal expands the Vizrt BG presence to include a full newsroom workflow.

Vizrt presented its comprehensive workflow for graphics production from the newsroom to the control room during a rigorous selection process. This, along with Vizrt's reputation for excellent customer service in the region, won the deal.

The customer is building a new virtual set and has purchased Viz Virtual Studio to run the new set. Viz Virtual Studio allows broadcasters to design and control complex virtual sets.

The order also includes Viz Content Pilot, Vizrt's template-based graphics system that allows the journalist in the newsroom to edit and build a playlist of graphics for a newscast. Viz Trio, Vizrt's character generator (CG), was purchased for the control room. Viz Ticker 3D was purchased to scroll news, weather and sports information on air during a newscast.
 
Multiple Viz Engines, Vizrt's real-time compositing engine, have been purchased to render all graphics created by the cable channel in the newsroom, control room and studio.

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.