Vizrt Ltd. Reports 2011 and Q4 2011 Results with New Records - Seite 3

|Net Profit-Margin |18% |-1% |  |10% |  |
+---------------------------------+------+------+----------+------+-----------+
|EPS |0.09 |0.00 |N/A |0.05 |81% |
+---------------------------------+------+------+----------+------+-----------+
|Backlog |46,389|40,225|15% |48,673|-5% |
+---------------------------------+------+------+----------+------+-----------+
|Cash Position |73,062|57,473|27% |62,374|17% |
+---------------------------------+------+------+----------+------+-----------+

Vizrt Product Lines and Geographical Overview

Broadcast Graphics (BG)

BG revenues for FY 2011, with MUSD 96.2, accounted for 77% of total revenues, a
24% growth Y-o-Y and a 15% growth comparing Q4 2011 to Q4 2010. Compared to Q3
2011, BG revenues were up 4%.

Media Asset Management (MAM)

MAM revenues FY 2011 accounted for 15% of total revenues and came in at MUSD
19.2, a 2% decrease Y-o-Y and an 18% decrease comparing Q4 2011 to Q4 2010.
Compared to Q3 2011, MAM revenues were up by 11%.

Online & Mobile (ONL & MOB)

ONL & MOB revenues for FY 2011 accounted for 8% of total revenues with MUSD
9.9, compared to MUSD 8.5 for 2010, a 17% growth, of which organic growth
accounted for 3%. Comparing Q4 2011 to Q4 2010, revenues for this segment
decreased by 26%. Compared to Q3 2011 ONL & MOB revenues were up by 12%.

Our Mobile technology is basically a technical extension of our existing
business lines (MAM, Online, BG) and it is therefore natural to include Mobile
as a product into our existing business lines. Therefore, this is the last time
that Vizrt will report MOB separately.

Geographical Overview

All regions contributed to the improved performance in 2011, with the strongest
growth recorded in APAC, where revenues went up by 38% to MUSD 28.5, as compared
to MUSD 20.1 for 2010. Revenues in the EMEA region were up by 16%, from MUSD
59.5 to MUSD 69.0, and revenues in the AMERICAS were up 9%, from MUSD 25.4 to
MUSD 27.8.

FINANCIALS

Gross Profit and Gross Margin

The gross margin for 2011 was 66%, as compared to 62% for the same period LY.
The increase is mainly due to changes in the product mix sold and improved
margins for BG. The gross profit for 2011 was affected by a MUSD 2.8
amortization of intangible assets from acquisitions, compared to MUSD 3.2 for FY
2010. Adjusted for these amortization effects, the gross margin was 68%,
compared to 65% LY.

The gross margin for Q4 2011 was 69%, as compared to 63% for the same period
LY.  The gross profit was affected by MUSD 0.7 in Q4 2011, compared to MUSD 0.8