2012-09-28 07:55:05 -
Bergen, Norway, September 28, 2012, Vizrt Ltd. (Oslo Main List: VIZ)
Vizrt Ltd. announced today it has signed a deal worth $290,000 for the
implementation of media asset management (MAM) products with ORF
-Osterreichischer Rundfunk- in Austria.
The deal serves to add further functionality to ORF's existing Vizrt MAM
Enterprise system, such as XDCam batch file import, advanced searches in baskets
from archive, automatic metadata and archive updates on content as well as
several other enhancements.
Vizrt's MAM Enterprise solution is an enterprise-grade media asset
solution, based on the Viz Media Engine. It includes numerous Vizrt tools and
products that cover a wide range of tasks - from tape ingest and video editing
to branding and multi-platform delivery.
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 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
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
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(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