New Online Product Strategy Manager Lifts Vizrt's Go-To Market Strategy and Marketing Efforts


Bergen, Norway, March 10, 2011 Vizrt Ltd. (Oslo Main List: VIZ) - Morten Holst joins Vizrt's marketing team as Online Product Strategy Manager on June 1st. This is a newly-created position and reflects the increasing importance Vizrt attaches to growing its range of online products. Holst joins Vizrt from VG, Norway's largest online and printed newspaper, where he held the position as Business Development Manager for Strategic Channels and Platforms.

"We're very happy to welcome Morten to Vizrt. He has extensive knowledge and experience of the digital challenges facing today's newspapers and TV stations. His sharp insight, analytical skills and vision are a real treasure", said Vizrt's Executive Vice President of Marketing, HÃ¥vard Myklebust."

At VG, Morten was involved in several high-profile projects, among them the media group's digital TV service, VGTV, which is distributed via the Web and IPTV, VG's new VG+ iPad app, as well as the core web presence on vg.no. Prior to working at VG, Holst was the Head of Interactive Strategy at TV2, Norway's largest commercial television station, and was Marketing and Sales Manager at Telenor Marktech.

Morten Holst has extensive valuable experience in product development for online, mobile, broadcast and IPTV platforms. In addition, Holst is a highly sought-after speaker internationally.

"Morten brings even more authority to our online products and online strategy. I am certain he will deliver unique benefits and substantial value to our customers," said Myklebust.

The new role will be part of Vizrt's growing product management team that will be extended to include more key products.

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, ZDF, Star TV, Network 18, TV Today, CCTV, NHK, 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.

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