Bergen, Norway, June 26, 2013, Vizrt Ltd. (Oslo Main List: VIZ)
Vizrt Ltd. announced today a deal worth USD 848,800 for graphics products with a broadcast company in Latin America. The broadcaster, a current Vizrt customer, is launching a new network in the region and has purchased a comprehensive suite of Vizrt products to provide top quality graphics and virtual studio capabilities, as well as an integrated workflow.
The deal includes the core Vizrt broadcast graphics products needed to provide an integrated turn-key solution for launching a new station. This includes Viz Content Pilot for providing the journalists in the newsroom easy-to-use graphic templates integrated in the newsroom control system. The templates will also give the journalists the ability to make real-time 3D maps using Viz World. Completed templates create a playlist for on-air playback using Viz Trio Vizrt's character generator (CG) in the control room.
In the studio, Viz Virtual Studio will drive a virtual set that includes data-driven graphics and content produced by the journalists in the newsroom using graphic templates.
The final on-air product will include Viz Virtual Studio with the on-air presenters, overlay graphics from Viz Trio and Viz Ticker displaying real-time updates from global financial and news feeds, all rendered in real-time by multiple Viz Engines, Vizrt's real-time 3D compositing system.
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. Vizrts products are used by the worlds 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
Tomer Wald / CFO / +47 5351 8040 / TWald@vizrt.com
Frank Schwarz / Schwarz Financial Communication / +49 611 1745 398 11 schwarz@schwarzfinancial.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 Vizrts 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.
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Bergen, Norway, June 26, 2013, Vizrt Ltd. (Oslo Main List: VIZ)
