Vizrt Signs USD 1.7 Million MAM and Broadcast Graphics Deal with Thai Rath Group's First TV Station
(Thomson Reuters ONE) -
Bergen, Norway, May 02, 2012. Vizrt Ltd. (Oslo Main List: VIZ)
Vizrt Ltd. announced today that the Company has signed a deal worth in excess of
USD 1.7 million for the implementation of a Media Asset Management (MAM) system
and broadcast graphics products with Thai Rath of Thailand. This deal is for the
launch of the Thai Rath media group's first ever TV station, called Trend VG3.
The deal includes an enterprise version of the Viz Media Engine, Vizrt's
complete end-to-end solution for the creation, management and delivery of media
assets. Vizrt will also deliver a complete suite of broadcast graphic products.
The combined systems will provide Thai Rath and its subsidiary Trend VG3 with a
solution for the production, management and multi-platform delivery all of their
media content.
Thai Rath, is a Thai-language daily newspaper published in Bangkok and
distributed throughout Thailand, with a distribution of more than 1 million
copies per day. Founded in 1962, Thai Rath is the oldest and best selling
newspaper in Thailand.
Thai Rath CEO, Mrs. Yinglak Vacharaphol established the subsidiary company Trend
VG3 as the management company for the television business. This new division of
Thai Rath will be run by CEO Mr. Vachara Vacharaphol.
Martin Burkhalter, CEO for Vizrt, stated, "Vizrt is proud to be a part of the
launch of this new network in Thailand. The fact that a company as prestigious
as Thai Rath has chosen Vizrt to build a complete solution for video and graphic
content management tools strengthens our vision of being a complete broadcast
solutions provider."
About Vizrt:
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
Investors and media contacts:
Martin Burkhalter
President & CEO
+41 22 365 75 01
mbu(at)vizrt.com
Ofra Brown
CFO
+47 5351 8040
ofra(at)vizrt.com
SCHWARZ Financial Communication
Frank Schwarz
+49 611 1745 398 11
schwarz(at)schwarzfinancial.com
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
Press Release as PDF:
http://hugin.info/138784/R/1607792/510066.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. 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 the information contained therein.
Source: Vizrt Ltd. via Thomson Reuters ONE
[HUG#1607792]
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Datum: 02.05.2012 - 01:30 Uhr
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