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Vizrt signs USD 452k broadcast graphics deal with an African financial news channel

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Bergen, Norway, June 27, 2014, Vizrt Ltd. (Oslo Main List: VIZ).

Vizrt Ltd. announced today a deal worth USD 452,000 for the implementation of broadcast graphics and data visualization products for a financial news channel in Africa. The channel is part of the international expansion of a global financial news channel that uses Vizrt products to visualize real-time financial data.

The deal includes a complete broadcast graphics workflow for news production environments. Viz Pilot, Vizrt’s content and control system, will allow journalists in the newsroom to edit graphic templates and build a playlist of graphics to be used live on- air. Journalists will also be able to create maps for global stories using Viz World for live productions.

In the control room, operators will control the Viz Pilot playlist of graphics, triggering content live to air. Many of the graphics used, including graphics that will be controlled by Viz Ticker, utilize live financial data through integration with Vizrt partner Astuce Media, including data integration services through Astuce Media to visualize financial data graphically, live on-air.

All graphic content will be rendered in real-time using the Viz Engine compositing system.

 

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.