2013-02-04 07:17:25 -
Bergen, Norway, February 04, 2013. Vizrt Ltd. (Oslo Main List: VIZ)
Vizrt has signed a deal worth USD 1.5 million for media asset management (MAM)
products with an international News Channel in North America. The broadcaster
has been a Vizrt customer for many years and the new investment will replace
existing tape-based storage systems.
Viz Media Engine, Vizrt's complete asset management system (MAM), will be the
core of a new MAM infrastructure for the broadcaster. All archival storage is
being moved to a digital format for easy reference and all new content will be
ingested utilizing Viz Dart, Vizrt's digital asset recorder. Transcoding tools
in the Viz Media Engine
will convert file formats as needed when transferring
files to other storage systems throughout the broadcaster's other global
Viz Content Pilot, Vizrt's template-based content and control application will
give journalists access to graphic templates and video content in the Viz Media
Engine from within their newsroom control system (NRCS).
In the Control Room the MAM system is integrated with Vizrt's broadcast graphics
systems included in the purchase. This includes Viz Trio, Vizrt's real-time 3D
character generator (CG). Playlists in Viz Trio will include both video and
graphic content that will be triggered in real-time and played through multiple
Viz Engines with full video playback capability.
"This new purchases will bolster an already impressive MAM and broadcast
graphics installation at this TV station," stated Martin Burkhalter, Vizrt CEO.
"Vizrt's commitment to a complete end-to-end graphics and video solution is what
allows every broadcaster, from the local level to major global networks, to have
easy to use systems for controlling all of their content and thereby improving
their workflow in terms of speed and efficiency."
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.
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Source: Vizrt Ltd. via Thomson Reuters ONE