M-NET and SuperSport Select Viz|Ardendo for Ingest, Archive and Media Management

Bergen, Norway, June 23, 2006. Vizrt Ltd. (Frankfurt Prime Standard, Oslo Main List: VIZ) announces today that Electronic Media Network Limited (M-Net), South Africa’s first private subscription television service, and SuperSport, M-Net’s eight channels dedicated to sports programming, have selected Ardendo solutions for the ingest and asset management of over 200,000 hours of existing and new content. The project will be carried out over one year.

M-Net and SuperSport will use the software for archiving, logging, inserting metadata, and performing basic editing on its extensive library of programming. The scalable, IT-based design enables networks to easily leverage programming for multiple distribution channels.

Electronic Media Network Limited was founded in 1985 as South Africa’s first private subscription television service. The first broadcast, comprising one, 12-hour channel, went on-air in October, 1986. Today, M-Net boasts an array of general entertainment and niche channels and broadcasts to over 1.23 million subscribers in 41 countries across Africa.

Ardendo was recently acquired by Vizrt, the world’s leading producer of real-time 2D and true 3D graphics system for television. Vizrt acquired all outstanding shares of Ardendo in an all-share transaction in exchange of 2,912,790 ordinary shares of Vizrt, finalized on May 5th of this year.

About Vizrt:

Vizrt offers a new vision for content creation and delivery with an end-to-end solution from ingest to visualization. Our solution combines Vizrt’s true 2D/3D graphics tools with Curious Software’s World Maps and Ardendo’s Asset Management. Running on non pro-prietary software, the combination of these unique cutting edge products ensures a seamless workflow from conception to multi-format distribution. The latest addition to the Vizrt product suite is Viz|3G for hand held devices.

Vizrt’s product suite is used by the world’s leading broadcasters including: CNN, CBS, Fox, BBC, Sky, ITN, ZDF, Star TV, TV Today, CCTV and NHK. Also, many world-class production houses and corporate institutions, including both the New York and London Stock Exchanges, utilize Vizrt solutions.

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. 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.

Contact Information

Kathrine Wallace

VP Marketing

Vizrt Ltd.

Contact via E-mail