Bergen, Norway, February 14, 2012. Vizrt Ltd. (Oslo Main List: VIZ)
Vizrt Ltd., a leading provider of content production tools for the digital media industry, announced today that the Company has signed a deal worth in excess of USD 1 Million for the implementation of a Media Asset Management (MAM) system with a Broadcaster in the United States.
The deal includes the implementation of the Viz Media Engine for the ingest, archival and editing of assets for promotional material. The system will be installed in the Broadcaster's Los Angeles production center with the first phase of the project scheduled to be completed in April 2012 and the second in early summer.
"We are pleased that the Vizrt solution was chosen for this project", commented Isaac Hersly, President, Vizrt Americas. "The Viz Media Engine will be an essential tool for our customer's post production workflow".
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
Investors and media contacts:
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
