Distribution of company announcements to the professional platforms, finance portals and syndication of important corporate news to a wide variety of news aggregators and financial news systems.
Vizrt Ltd. (OSL:VIZ) Bergen, Norway, September 25, 2008, Vizrt Ltd. (Frankfurt Prime Standard, Oslo Main List: VIZ) today announces that The Globe and Mail, Canada's National Newspaper, has chosen CCI and Escenic, which was recently acquired by Vizrt, to create a multimedia newsroom for its print and online properties.
The system will support The Globe's market-leading Canadian media offerings, including The Globe and Mail, Report on Business magazine, www.theglobeandmail.com and www.reportonbusiness.com.
"Our ability to continue providing high quality news content across multiple media channels is critical for us to maintain our lead in the marketplace," said Phillip Crawley, Publisher and CEO, The Globe and Mail.
The system allows users to develop, share and publish online, easily and securely. The solution utilizes online publishing modules OEM'd from Escenic, including Escenic Content Engine and Escenic Content Studio.
Bjarne Berg, CEO of Vizrt, stated, "We believe that being chosen by so prominent a publisher, this deal both shows the strength of the Escenic solution and the effectiveness of our partner network."
About The Globe and Mail The Globe and Mail is a division of CTVglobemedia, a dynamic multimedia company, which also owns CTV Inc (a Vizrt customer), Canada's number-one private broadcaster. The Globe and Mail produces The Globe and Mail, Canada's national newspaper, read weekly by more than two million people, as well as a stable of high quality magazines led by Canada's most read business magazine, Report on Business magazine. The Globe and Mail also manages Canada's number one newspaper website, globeandmail.com, and a suite of specialty sites and digital offerings.
About CCI Founded in the 1700's as a newsprint company, CCI Europe is today the leading provider of editorial and advertising solutions for multi-media news environments. The CCI AdDesk, CCI NewsGate and CCI NewsDesk systems are the most robust and powerful in the industry, and are implemented in over 100 news organizations across five continents. CCI provides the platform to support evolving needs of the world's largest news organizations, and scalable solutions to help growing media brands optimize business strategies. Constant innovation and strong customer commitment remain the cornerstones of CCI's business model. CCI is an Oracle Certified Partner.
About Escenic Escenic, recenty taken over by Vizrt Ltd, is a provider of strategic content management software for digital media publishing. Escenic technologies drive over 550 of the most dynamic and exciting news media websites in the world. Escenic has been closely tied to the media industry since 1997 and today is considered an industry leaders in its sector. With Escenic, competitive commercial enterprises gain access to the same robust technologies that professional publishers have preferred for years
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 proprietary 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
Media and investors contacts:
Bjarne Berg President & CEO +47 9055 7711 bberg@vizrt.com
Ofra Brown CFO +47 5351 8040 ofra@vizrt.com
SCHWARZ Financial Communication Frank Schwarz +49 611 1745 398 11 schwarz@schwarzfinancial.com
