Vizrt Ltd. : Vizrt signs USD 1.5 million deal with a North American News
Channel upgrading from tape based to digital MAM
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 systems.
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
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 Thomson
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
information contained therein.
Source: Vizrt Ltd. via Thomson Reuters ONE
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