Vizrt signs a USD 283,000 broadcast graphics deal with a broadcaster in the Middle East
(Cision Via Acquire Media NewsEdge) Bergen, Norway, November 01, 2013, Vizrt Ltd. (Oslo Main List: VIZ).
Vizrt Ltd. announced today a deal worth USD 283,000 for the implementation of a hardware and software upgrade to broadcast graphics products with a customer in the Middle East.
The customer has been using Vizrt’s broadcast graphics products since 2008 and the purchase is an upgrade of existing SD systems to HD, making the facility entirely HD. The SD to HD transition includes new hardware for increased graphics rendering capability and the latest versions of the Vizrt broadcast graphics products Viz Content Pilot, Viz Ticker3D and Viz Engine. Investor and media contact:
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 email@example.com 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, Al Jazeera, 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
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.
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