Vizrt Signs USD 555,000 Broadcast Graphics Deal with TV Station in Eastern Europe

Bergen, Norway, December 27, 2012. Vizrt Ltd. (Oslo Main List: VIZ)

 

Vizrt Ltd. announced today a deal worth USD 555,000 for broadcast graphics products with a television station in Eastern Europe. The TV station is a new Vizrt customer and has purchased a broadcast graphics system for channel branding and news.  

The deal includes Viz Trio, Vizrt's real-time 3D character generator (CG), for displaying graphics live on air for news programs and channel branding. Viz Trio is enhanced with integration to Viz World. Viz World gives the Viz Trio operator access to a comprehensive 3D mapping system directly in the Viz Trio interface.

In master control, the TV station has Viz Ticker running continuous updates for news, weather and program information. Several Viz Engines are included in the deal to handle the real-time compositing of content.

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

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.



This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.