Bergen, Norway, 21 November 2012, Vizrt Ltd. (Oslo Main List: VIZ)
Vizrt Ltd. announced today that a new deal has been signed worth USD 360,000 for the implementation of broadcast graphics products with BEC Broadcasting Center Co., Ltd. (Channel 3) in Thailand.
Channel 3 has been a Vizrt customer since 2007 and has a wide range of Vizrt products already in use at its broadcast center. This new purchase is part of an HD upgrade and adds additional Viz Engines (http://www.vizrt.com/products/viz_engine/) for rendering graphics in real-time for on-air use. Also included is Viz Trio (http://www.vizrt.com/products/viz_trio/), Vizrt's character generator (CG), which will control the content that is sent to air.
Viz Ticker3D (http://www.vizrt.com/products/viz_ticker3d/) is now added to their on-air graphics systems in each of their studios. This will allow Channel 3 to have live data-driven graphics displayed at all times as a ticker on the screen.
"With the purchase of Viz Media Engine (http://www.vizrt.com/products/viz_media_engine/) earlier this year and now this new investment, BEC Broadcasting Center Co is fast becoming one of Vizrt's largest customers in the region", stated Martin Burkhaulter, Vizrt CEO. "This deal is another example of how Vizrt is a partner in growth for many of our customers, rather than just a supplier of technology. As our clients expand, go for new markets or just are looking to capture greater market share, we are there right with them to provide the tools that enable them to do so."
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 (http://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
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
