Vizrt Signs USD 806,000 Deal in the United Kingdom
Bergen, Norway, October 25, 2012, Vizrt (Oslo Main List: VIZ)
Vizrt Ltd. announced today a deal worth USD 806,000 for the implementation of Broadcast Graphics and Media Asset Management (MAM) products with a media management company in the UK.
The customer has been a client of Vizrt for many years and has entered into this deal to upgrade their current systems, as well as greatly expand their capability to create a complete end-to-end workflow with a Vizrt infrastructure.
The deal includes products that assist the media management company in providing broadcast playout branding and management tools for its multiple TV channel clients. Graphic templates will be managed through an integration with automation and scheduling systems using the Viz Multichannel rule-based channel branding system. Viz Multichannel makes it easy to apply real-time, high-quality Vizrt graphics for channel branding.
Media asset management tools in the form of a Viz Media Engine gateway linked to an existing Viz Ardome MAM system will be added to the solution. This will assist in the browsing, editing and previewing of content in the MAM system as well as compositing graphics and video together for final output to air.
"This deal is a typical example of what we are witnessing in the broadcast industry" stated Martin Burkhalter, Vizrt CEO. "Companies are looking for ways to both maximize the economic potential of their media assets through MAM and have an infrastructure that allows them to use these assets in such a way that workflow is optimized to achieve financial efficiencies. Vizrt's technology, in this respect, helps address both the top and bottom lines of our customers."
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
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