Vizrt signs USD 650.000 MAM deal with ORF in Austria
Bergen, Norway, August 28, 2013, Vizrt Ltd. (Oslo Main List: VIZ).
Vizrt Ltd. announced today a deal worth USD 650,000 for the implementation of media asset management (MAM) products with Austria’s national public broadcaster ORF (Oesterreichischer Rundfunk).
The deal is an add-on investment by ORF to their existing Vizrt MAM enterprise system. The deal will provide additional functionality to ORF's MAM setup to give them the capability program length – 30 minutes or more – content playback and additional archive management as enhancements to their file ingest and sports workflow.
The Vizrt MAM Enterprise solution is an enterprise-grade media asset management system which allows large amounts of content to be managed and distributed easily, with smooth integration with existing third party systems.
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
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