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Håvard Saunes Myklebust Joins Vizrt as Executive Vice President of Marketing

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Vizrt Ltd
Nordre Nøstekai 1
Bergen, 5011
Norway



Press release date: October 12, 2010

Bergen, Norway, October 12, 2010 Vizrt Ltd. (Oslo Main List: VIZ)

Vizrt is pleased to announce Hċvard Saunes Myklebust as the new Executive Vice President of Marketing for Vizrt Ltd., based in Bergen, Norway. Myklebust fills the post vacated by Dr. François Laborie, who is now Chief Commercial Officer (CCO) for Vizrt Ltd.

Myklebust brings a wealth of experience to Vizrt, including executive positions held at many of Norway's top media organizations. He comes to Vizrt from TV 2, the largest commercial television station in Norway, where he held key management roles since 2005. From 2008 up until now, Myklebust was head of products and research & development for TV 2 Sports.

"We're extremely excited to welcome Havard to our management team," said Laborie. "In his career, Myklebust worked closely with many major rights owners of sports and news media properties and held coveted positions at top Norwegian media organizations. In his many management positions, he has pushed the envelope on technological innovation to advance his companies' standings in the market."

Myklebust said, "I'm delighted to join Vizrt, which is one of the most exciting companies shaping the media industry today. My goal is to provide management direction that supports and reinforces the company's continued growth and follows our future-oriented marketing strategy."

In 2007, Myklebust established the website http://tv2sporten.no and became editorial manager of all live streaming of sports for TV 2 Sumo. Previously, in 2006, he led the startup of the new premium pay sports channel, TV 2 SPORT. In 2005, Myklebust joined TV 2 as the night editor for sports news, then became newsroom editor of football, and served as a co-manager of the largest sports operation in TV 2 history. Prior to his high-level responsibilities at TV 2 Norway, Myklebust worked for several prestigious Norwegian newspapers.

About Vizrt: Vizrt provides real-time 3D graphics and asset management tools for the broadcast industry - from award-winning animations & maps to online publishing tools.

Vizrt's products are used by the world's leading broadcasters and publishing houses, including: CNN, CBS, Fox, the BBC, BSkyB, ITN, Tele5, laSexta, ETB, TV3, Antena3 and FC Barcelona, The Globe and Mail, Times Online, The Telegraph, and Welt Online. Furthermore, many world-class production houses and corporate institutions such as the Stock Exchanges in New York and London use Vizrt systems.

Vizrt is a public company traded on the Oslo Main List: VIZ, ISIN: IL0010838154.

Robin Hoffman Pipeline Communications 277 Valley Way Montclair, NJ 07042 (973) 746-6970 cell: (917) 763-8069
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