Vizrt Receives Largest VideoHub Order to Date
(Thomson Reuters ONE) - TV2 signs USD 1 million orderBergen, Norway, January 19, 2009. Vizrt Ltd. (Oslo Main List: VIZ)Vizrt, a leading provider of content production tools for the digital mediaindustry, today announced that Norway's main commercial television network, TV2,has placed a USD 1 million order for Vizrt's video clip management system, VizVideoHub. TV2 intends to use the intelligent video storage and management systemfor hosting soccer match videos from the Norwegian Soccer League on behalf ofthe Norwegian FA.The Viz VideoHub system will provide online access to Norwegian soccer matches,highlights and interviews to the FA's clubs and other subscribers through a webportal hosted by TV2. A dedicated user interface will be developed, enabling theleague to add new soccer coverage and to search instantly for specific eventssuch as corner kicks, goals and red cards.Bjarne Berg, CEO for Vizrt, stated, "This is an important deal for us in that itshows the applicability of our VideoHub both on a large scale and for such animportant application. We are furthermore very proud to offer a further improvedviewer experience with added functionality such as the described video miningcapability. It is the offer of online content with added functionality that setschannels apart from their competition, leading to an improved brand and betterrecognition."This sale represents the biggest sale to date by Vizrt of its VideoHub product.About Vizrt:Vizrt creates leading-edge content production tools for the digital mediaindustry - from award-winning 3D graphics & maps through integrated videoworkflow solutions and online publishing tools.We propose a new vision for content creation, management and delivery with anend-to-end solution from conception to multi-format distribution. Throughconstant innovation and a good measure of fun, we create software and servicesthat push creative boundaries and develop new ways of telling stories.Vizrt's product suite is used by the world's leading broadcasters and publishinghouses, including: CNN, CBS, Fox, BBC, Sky, ITN, ZDF, Star TV, Network 18, TVToday, CCTV, NHK, The Globe and Mail, The Telegraph, and Welt Online.Furthermore, many world-class production houses and corporate institutions,including both the New York and London Stock Exchanges, utilize Vizrt solutions.Vizrt is a public company traded on the Oslo Main List: VIZ, ISIN: IL0010838154.Investors and media contacts:Bjarne BergPresident & CEO+47 9055 7711bberg(at)vizrt.comOfra BrownCFO+47 5351 8040ofra(at)vizrt.comSCHWARZ Financial CommunicationMarc Lakmaaker+49 611 1745 398 11lakmaaker(at)schwarzfinancial.comThis information is subject of the disclosure requirements acc. to §5-12 vphl(Norwegian Securities Trading Act)[HUG#1374479]
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Datum: 19.01.2010 - 01:30 Uhr
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