Vizrt signs USD 1.8 million broadcast graphics deal with a sports channel in Asia
"Sports broadcasting is very prominent in Asia, and this deal shows how our offering matches the requirements of this important market," said Martin Burkhalter, Vizrt CEO. "We are very pleased to have been selected by this ambitious new channel and look forward to growing together with our customer."
The deal includes multiple Viz Trio systems, Vizrt's character generator (CG), for building playlists of graphics and playing them back during a live match and during in-studio shows.
The deal further includes Viz Arena, which allows the sports channel to add virtual graphics to the field or track during a live sports event. This capability gives the customer the option to add customized branding, information graphics or advertisements to the broadcast.
Viz Libero will provide sports analysis capabilities for cricket and field hockey. Viz Libero combines realistic looking 3D replays and advanced virtual graphics to create unique perspectives of key plays and controversial calls.
In the studio, the channel will use Viz Virtual Studio to create and control customized virtual sets for each broadcast. Multiple Viz Engines are part of the deal to render all graphics in real-time, for every live broadcast.
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 unanticipated events.
Vizrt Head Quarter
Vizrt provides real-time 3D graphics, sports analysis and asset management tools for the broadcast industry - interactive and virtual solutions, animations, maps, weather, video editing and compositing tools. Vizrt's products are used by the world's leading broadcasters, including: CNN, CBS, Fox, the BBC, BSkyB, Al Jazeera, ITN, ZDF, Star TV, Network 18, TV Today, CCTV, and NHK. 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
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