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Vizrt signs USD 554,000 MAM deal with existing UK broadcast customer

02/05/2013

Bergen, Norway, May 02, 2013, Vizrt Ltd. (Oslo Main List: VIZ)

Vizrt Ltd. announced today a deal worth USD 554,000 for the Vizrt MAM Enterprise solution, based on the Viz Media Engine, with an existing UK broadcast customer. The broadcaster is an existing Vizrt customer who already has several large-scale MAM Enterprise systems operating. The broadcaster is expanding its capacity, and their positive experience with the efficiency of Vizrt's file-based workflow solutions led them again to chose the Company's products for this project.

The new system will be used in a content ingest quality control playout workflow. Content will be delivered to the MAM system, where automatic quality control is performed, with the option to run manual spot checking. Content will then be sent to play-out in a schedule-based 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.

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.
LINK: http://www.vizrt.com/company/investor_releases/article19499.ece...
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