Vizrt to set up graphics for CNBC Africa
Bergen, Norway, November 27, 2006. Vizrt Ltd. (Frankfurt Prime Standard, Oslo Main List: VIZ) announces today, that Africa Business News Limited has invested in a Vizrt solution for its new CNBC Africa channel to be based in Johannesburg, South-Africa. The channel was recently announced by Mr. Zafar Siddiqi, Chairman of CNBC Africa during a press conference with Premier Shilowa of the Guateng Provence.
"We believe that the launch of CNBC Africa will be a milestone in African television broadcasting," said Zafar Siddiqi adding that it will fill a gap in the information needs of audiences. "By focusing on the financial, business and economic news of the region, our aim is to provide a platform to an ongoing inter-African discussion on globalization, employment, career, business and investment opportunities, living standards, infrastructure development, and other relevant issues. This is the first channel of its kind that caters to the information needs of the average viewer, as well as to business and investment communities by providing meaningful analysis behind the headlines relating to how current events can impact on our lives."
The CNBC Africa setup will have almost a replicate of the installation in Dubai Media City. The contract is worth more than half a million dollar and consist of a Viz|Content Pilot template graphics solution, Viz|Ticker for the financial ticker and several other cutting edge features that will bring new standards to the broadcast industry in Africa.
About Vizrt:
Vizrt offers a new vision for content creation and delivery with an end-to-end solution from ingest to visualization. Our solution combines Vizrt's true 2D/3D graphics tools with Curious Software's World Maps and Ardendo's Asset Management. Running on non proprietary software, the combination of these unique cutting edge products ensures a seamless workflow from conception to multi-format distribution. The latest addition to the Vizrt product range is the Viz|Multi Platform Solution.
Vizrt's product suite is used by the world's leading broadcasters including: CNN, CBS, Fox, BBC, Sky, ITN, ZDF, Star TV, TV Today, CCTV and NHK. Also, many world-class production houses and corporate institutions, including both the New York and London Stock Exchanges, utilize Vizrt solutions.
Vizrt is a public company traded on the Frankfurt Prime Standard and on the Oslo Main List: VIZ, ISIN: IL0010838154. For further information please refer to www.vizrt.com
Press contacts:
"We believe that the launch of CNBC Africa will be a milestone in African television broadcasting," said Zafar Siddiqi adding that it will fill a gap in the information needs of audiences. "By focusing on the financial, business and economic news of the region, our aim is to provide a platform to an ongoing inter-African discussion on globalization, employment, career, business and investment opportunities, living standards, infrastructure development, and other relevant issues. This is the first channel of its kind that caters to the information needs of the average viewer, as well as to business and investment communities by providing meaningful analysis behind the headlines relating to how current events can impact on our lives."
The CNBC Africa setup will have almost a replicate of the installation in Dubai Media City. The contract is worth more than half a million dollar and consist of a Viz|Content Pilot template graphics solution, Viz|Ticker for the financial ticker and several other cutting edge features that will bring new standards to the broadcast industry in Africa.
About Vizrt:
Vizrt offers a new vision for content creation and delivery with an end-to-end solution from ingest to visualization. Our solution combines Vizrt's true 2D/3D graphics tools with Curious Software's World Maps and Ardendo's Asset Management. Running on non proprietary software, the combination of these unique cutting edge products ensures a seamless workflow from conception to multi-format distribution. The latest addition to the Vizrt product range is the Viz|Multi Platform Solution.
Vizrt's product suite is used by the world's leading broadcasters including: CNN, CBS, Fox, BBC, Sky, ITN, ZDF, Star TV, TV Today, CCTV and NHK. Also, many world-class production houses and corporate institutions, including both the New York and London Stock Exchanges, utilize Vizrt solutions.
Vizrt is a public company traded on the Frankfurt Prime Standard and on the Oslo Main List: VIZ, ISIN: IL0010838154. For further information please refer to www.vizrt.com
Press contacts:
| Ofra Brown | Kathrine Wallace | SCHWARZ Financial Communication |
| CFO | VP Marketing | Frank Schwarz |
| +47 2169 2790 | +47 55 90 8265 | +49 611 1745 398 11 |
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.