2012-11-21 07:31:33 -
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 for rendering graphics in real-time
for on-air use. Also included is Viz Trio, Vizrt's character generator (CG),
which will control the content that is sent to air.
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 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."
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