Vizrt Signs Two Rental Deals Worth USD 2.28M with MCOT Thailand
Bergen, Norway, April 12, 2012, Vizrt Ltd. (Oslo Main List: VIZ)
Vizrt Ltd., a leading provider of content production tools for the digital media
industry, announced today that the Company has signed two deals, worth in excess
of USD 2.28 million, to be recognized over four quarters, starting Q2 2012. The
deals are for the rental of Broadcast Graphics software and the provision of
services to Thailand-based broadcaster MCOT-CH9.
The first deal includes the one-year rental of studio presentation software for
news, sports and entertainment programs. A customer since 2007, CH9 has been
using Vizrt´s graphics systems for Viz Video Wall ER and Viz Virtual Studio -
Vizrt´s virtual studio module for scalable, real time 3D virtual studio
productions. This deal increases the size of their current video wall with
additional Barco screens and adds cameras to the customer´s existing virtual
set. Viz Trio is included as a character generator (CG) for both the video wall
and virtual set.
The second deal consists of services for installation of the rental products and
creative services for the design and implementation of the video wall, virtual
set and immersive graphic presentations.
"Over the course of my long career in the broadcasting industry, I have come to
see technology as a meanof communication." Stated Mr. Chakraphan Yomchinda, Vice
Chairman of the Board of Directors and Acting President, MCOT. "MCOT decided to
use Viz Video Wall ER since it is an excellent tool for storytelling. Aiming to
fulfill our role as a public broadcaster, MCOT wants the Thai audience to have
access to the most up to date broadcasting technology, and to experience our
educational and entertainment programs via this new innovational display"
Martin Burkhalter, CEO of Vizrt, stated, "The combination of creative services
with updated software and hardware will give the station a robust presentation
and enhanced story telling abilities. The fact that we will be providing
creative and operational services is a testament to our philosophy to develop
products that are based on the end product our customers strive to present to
their audiences. Our origins are in the production rooms of broadcast stations,
a link we have never abandoned, only strengthened. As a result we are close to
heart of broadcast operations, which allows us to develop and implement
technology that is the most relevant to our customers."
Mr Burkhalter continued, "Furthermore, our ability to close and implement deals
like these is the direct effect of our efforts to strengthen local operations
through our regionalization program."
Lesen Sie auch
MCOT (Mass Communication of Thailand) has owned the public broadcast license to
both TV and more than a thousand radio channels throughout Thailand. CH9 is one
of the top 3 networks in Thailand with programming ranging from news to sports
to entertainment.
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.
Investors and media contacts:
Martin Burkhalter
CEO
+41 22 365 75 01
mbu@vizrt.com
Ofra Brown
CFO
+47 5351 8040
ofra@vizrt.com
SCHWARZ Financial Communication
Frank Schwarz
+49 611 1745 398 11
schwarz@schwarzfinancial.com
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
Vizrt PR:
http://hugin.info/138784/R/1601714/505835.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#1601714]
IL0010838154