Vizrt (Prime Standard: VIZ), a provider of real-time 2D and true 3D broadcast graphics, will raise capital as part of its secondary listing on the Oslo Stock Exchange. The company today announced that its board of directors decided to issue up to 1 million ordinary shares. The listing is expected to be finalized during May 2005.
DnB NOR Markets and Norse Securities ASA will manage the offering.
Vizrt already trades on the Frankfurt Prime Standard.
Vizrt, formerly RT-SET (Real Time Synthesized Entertainment Technology) of Shefayim, is a provider of fully integrated broadcast graphics solutions.
All Vizrt’s graphics products are powered by a single core renderer, the Viz|Engine. The company’s software suite offers a complete graphics solution including: character generation, content management and newsroom integration, 3D tickers, virtual studio, weather data integration, virtual sports analysis, information display and virtual effects.
Leading broadcasters, such as CNN, CBS, BBC, Sky, ITN, ZDF, Star TV, TV Today and NHK, use Vizrt’s solutions in conventional digital and high definition content delivery. Production houses and corporate institutions, including the New York Stock Exchange, are Vizrt customers.
Published by Globes [online], Israel business news - www.globes.co.il - on Monday, April 11, 2005