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Vizrt signs USD 570,000 broadcast graphics deal with TV station in Eastern Europe
Vizrt signs USD 570,000 broadcast graphics deal with TV station in Eastern Europe
6 februari 2013
Bergen, Norway, February 06, 2013. Vizrt Ltd. (Oslo Main List: VIZ) Vizrt Ltd. announced today a deal worth USD 570,000 for the implementation of broadcast graphics products with a television station in Eastern Europe. The broadcaster is a new Vizrt customer and is building a newsroom workflow and virtual studio with Vizrt's products. Included in the deal is a newsroom workflow centered around Viz Content Pilot. The system will give journalists access to graphic templates inside of their newsroom control system. The journalists fill out the templates, create maps from Viz World and build a MOS playlist that is then sent to the Viz Trio systems in the control room. From the control room, operators of Viz Trio, Vizrt's real-time 3D character generator (CG), will trigger live graphics from the MOS playlist to air. The studio will include Viz Virtual Studio for creating a real-time virtual set that is flexible and easy to use. Viz Trio will be able to control content in the Virtual set as well as other live on-air graphics. 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 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. This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Vizrt Ltd. via Thomson Reuters ONE [HUG#1675725]
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