Vizrt signs USD 640k deal with a broadcaster in Oceania for MAM expansion
Bergen, Norway, March 31, 2014, Vizrt Ltd. (Oslo Main List: VIZ).
Vizrt Ltd. announced today a deal worth USD 640,000 for the implementation of media asset management (MAM) products with a broadcaster in Oceania. The Customer has been using a legacy version of Vizrt’s MAM system, Viz Ardome – now part of Viz One – for several years.
The MAM expansion includes many tools that are now part of Viz One, including the creation of a complete end-to-end workflow, allowing the broadcaster to ingest content and then browse, view, and edit from any desktop PC. The content is then delivered for on-air use, or automatically transcoded for multi-platform distribution.
The centralized ingest capabilities of the MAM system have been optimised to provide a central location for the ingest of files, tapes, hard drives, and live content. This enables greater efficiencies as the broadcaster can utilize a single storage facility for content that is easily searchable, using new metadata capture and search tools.
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
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