Vizrtís Weather Graphics Become New Standard For Chinese TV
The China Meteorological Administration (CMA) has adopted a substantial Vizrt weather graphics system to provide weather forecast programming to TV stations throughout China in a deal valued at over USD 600,000.
Bergen, Norway, January 30, 2006. Vizrt Ltd. (Frankfurt Prime Standard, Oslo Main List: VIZ), The China Meteorological Administration (CMA) has adopted a substantial Vizrt weather graphics system to provide weather forecast programming to TV stations throughout China in a deal valued at over USD 600,000.
The Viz|Weather graphics system will be installed in February and will be on air from April 1, 2006. In addition, the CMA will be using the system to generate weather forecasts for its own new weather channel, which also goes to air on April 1, 2006.
Viz|Weather is a comprehensive weather graphics system-in-a-box, which provides TV broadcasters with real-time weather graphics animations either as point-based symbols or as high-resolution 3D animations. Viz|Weather includes an interface with local real-time weather data of less than 1km resolution, providing accurate local forecasts. The CMAís own weather data will trigger the real-time weather graphics, providing up-to-the minute forecasts for the whole of China.
An integrated atmospheric observation system has been set up by the CMA in China, incorporating sky-, space- and ground-based subsystems. CMAís meteorological service system consists of weather forecasting, climate prediction, weather modification, drought and flood monitoring and forecasting, thunderstorm and lightning prevention and agro-meteorology.
Vizrt opened its Beijing office in 2005 and has a staff of five. In addition, Vizrt has a number of representatives in Taiwan and in Hong Kong. Since Vizrt started its sales campaign in China, four new customers have signed up for Vizrt graphics. The biggest one has been CCTV News channel, a 24/7 news channel which concluded a deal in May of 2005. As well as CCTV, the Travel Channel, Hubai TV, CCTV Studio 18 are the new sign-ups, bringing the total number of Chinese Vizrt customers to nine.
Vizrt is the worldís leading provider of HD/SD real-time 2D and true 3D broadcast graphics. The companyís software suite offers a complete graphics solution including: character generation, content management and newsroom integration, 3D tickers, virtual studio, 3D weather application with data integration, Curious Software map creation tools, virtual sports analysis, information display and virtual effects. All Vizrtís graphics products are powered by a single core renderer, the unique and powerful Viz|Engineô. Vizrtís graphics solution goes beyond the visual aspect and includes highly customized user interfaces for the designer, operator, journalist and engineer. The worldís leading broadcasters, such as CNN, CBS, Fox, BBC, Sky, ITN, ZDF, Star TV, TV Today, CCTV and NHK as well as Production houses and Corporate institutions, including both the New York and London Stock Exchange, use the Vizrtís software suite. Vizrt is a public company traded on the Frankfurt Prime Standard and on the Oslo Main List: VIZ, ISIN: IL0010838154. For further information please refer to www.vizrt.com
Forward looking statements
This press release contains forward-looking statements with respect to the business, financial condition and results of operations of VIZRT and its affiliates and Ardendo AB and its affiliates. These statements are based on the current expectations or beliefs of VIZRTís management and Ardendo ABís management and are subject to a number of risks and uncertainties that could cause actual results or performance of the both Companies to differ materially from those contemplated in such forward-looking statements. These risks and uncertainties relate to changes in technology and market requirements, both companies concentration on one industry, decline in demand for both companies 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 both companies to differ materially from those contemplated in such forward-looking statements. VIZRT and Ardendo undertake 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.
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