Vizrt Ltd. announces today that the company has received additional backlog of USD 0.5 million from Poland. The newly signed deal in Q3 is substantiating the repeat sales business model of Vizrt with its customers. During 2006 and the first half of 2007 Vizrt had recorded more than USD 2.2 million in revenues. The company has taken a definitive lead in the Polish market.
The current Polish Vizrt customers are: The public broadcaster TVP, ITI group with its three channels TVN24, TVNBiznes and nSports, satellite channel Polsat and FOX Poland. TVP became Vizrt customer in 2005 and has constantly upgraded and expanded their Viz-installations. The TVP News Channel has currently purchased graphic software for a little under USD 600,000, which is to be recognized over Q3 and Q4 2007.
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.