Vizrt signs USD 660k newsroom and production workflow deal with Hessischer Rundfunk in Germany

 
Bergen, Norway, March 24, 2014, Vizrt Ltd. (Oslo Main List: VIZ).

Vizrt Ltd. announced today a deal worth USD 660,000 for the implementation of newsroom, control room and studio production products with Hessischer Rundfunk (hr) in Germany. A new client, Hessischer Rundfunk is the public broadcaster of the state of Hesse, based in Frankfurt and member of the ARD consortium of regional public broadcasters in Germany. The broadcaster decided to purchase Vizrt products after a thorough comparison of different vendor offerings, concluding that Vizrt’s complete workflow best suited their needs.

The deal includes Viz Virtual Studio to create a highly flexible virtual set. Graphics and video from the customer’s newsroom control system (NRCS) are triggered to play in Viz Virtual Studio by a Mosart studio automation system in the control room.

For the newsroom workflow, Hessischer Rundfunk purchased Viz Pilot, Vizrt’s content and control application and the clip store component of Viz One, Vizrt’s video management system, for a complete newsroom content management workflow. Viz Pilot integrates with the customer’s NRCS and allows the journalist to create graphics based on templates. These graphics are added to a playlist in the NRCS along with clips from the Viz One clip store to be used as part of a virtual set in the studio.

 
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.