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. Bergen, Norway, July 9, 2008, Vizrt Ltd. (Frankfurt Prime Standard, Oslo Main List: VIZ) today announces that due to the work involved with the Escenic acquisition, expected to close within one month, and the subsequent inclusion of Escenic in Vizrt's US GAAP results starting Q308, Vizrt has rescheduled the publication dates for its Q2 and Q3 2008 financial results.
The Q2 publication date has been moved from 7th August to 14th August 2008. The Q3 publication date has been moved from 6th November to 18th November 2008.
Media and investors contacts:
Bjarne Berg President & CEO Vizrt Ltd. +47 9055 7711 bberg@vizrt.com
Ofra Brown CFO Vizrt Ltd. +47 5351 8040 ofra@vizrt.com
Frank Schwarz SCHWARZ Financial Communication +49 611 1745 398 11 Schwarz@schwarzfinancial.com
About Vizrt:
Vizrt creates leading-edge content production tools for the digital media industry - from award-winning 3D graphics & maps to integrated video workflow solutions.
We propose a new vision for content creation and delivery with an end-to-end solution from conception to multi-format distribution. Through constant innovation and a good measure of fun, we create software and services that push creative boundaries and develop new ways of telling stories.
Vizrt's product suite is used by the world's leading broadcasters including: CNN, CBS, Fox, BBC, Sky, ITN, ZDF, Star TV, Network 18, 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.
Safe Harbor Regarding 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.
