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Thai Channel 7 Rolls Out Second Phase of Upgrades with Vizrt; Contract Worth Approximately USD 1.9 million

Bergen/Norway, Bangkok/Thailand, June 23, Vizrt Ltd. (Oslo Main List: VIZ)

Vizrt Ltd., a leading provider of content production tools for the digital media industry, today announced a deal with Channel 7 from Thailand, worth THB 61 million (Thai Baht; approximately USD 1.9 million). Michael Namatinia, President of Vizrt APAC, stated, “Vizrt is thrilled with Channel 7’s vote of confidence as the network moves into the second phase of its upgrades. This is a substantial purchase that will deepen the partnership between Channel 7 and Vizrt.?

The significant follow up sale provides the Thai public television channel with faster Virtual Studio Engine performance by increasing the number of Viz Engine renderers per camera tracking system to four. The increase provides greater depth to the network’s advanced Viz Virtual Studio scenes, enabling an even more dynamic and visually enhanced viewer experience. It also installs redundancy on the critical software points of Viz Virtual Studio cameras, Viz Graphic Hub central graphics database and Viz Content Pilot content control system.

Notably, Channel 7 is now the first major network customer in Thailand using Viz Reporter and the Viz Media Engine, allowing the company to target new audiences on all the latest handhelds and other online content access devices. “We’re especially happy to see Channel 7 moving into the mobile arena, with solutions employing the range of products from our mobile division,? said Namatinia.

The system was sold, delivered and Installed in Q2 and will go on-air for the upcoming Thai elections on July 3rd.

About Channel 7:
Established in 1967, Bangkok National Radio and Television Broadcasting Corporation Channel 7 is a Thai television channel. The headquarters are located in Bangkok.

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.

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