Svein Ove Strømmen

Svein Ove Strømmen

ID: 42983

(Thomson Reuters ONE) -


Bergen, Norway, September 23, 2010, Vizrt Ltd. (Oslo Main List: VIZ)

It is with great sadness that Vizrt announces that Svein Ove Strømmen, Chairman
of the Board of Directors, died on September 22.  The company extends its
deepest condolences to his wife and family.

Svein Ove Strømmen joined the Board of Directors when Vizrt acquired Peak
Broadcast Systems in July 2000. Following this Strømmen was Chairman of the
Audit Committee until August 2004 when he was elected Chairman of the Board, a
role he fulfilled with great dedication.

"Today we lost Vizrt's best supporter, and those of us who knew him also mourn
the loss of our good friend. He was, together with Bjarne Berg,one of the main
architects who built Vizrt into the company it is today. To him, being Vizrt's
chairman of the board was much more than just a formal job and duty. Right up
until the last day, Svein Ove genuinely believed Vizrt to be something very
special that he was proud to have played a part in building.  The combination of
his business skills, understanding of our industry and his determination to
build Vizrt into a global player are values that we will all miss greatly. Svein
Ove was our biggest supporter during the challenging times when the foundation
of today's company was built, but always left the management of the company and
the credit for success to others when things were going exceptionally well,
which they often were under his guidance.  We can only hope that he knew how
grateful we all were to him. Our thoughts are now with Svein Ove's wife, Ingelin
and his family", stated Martin Burkhalter, Chief Executive Officer of Vizrt.

John Ranelagh, Vice Chairman of the Board now assumes responsibility as acting
Chairman. He said, "Svein Ove was forceful, kind and clear-minded with a deep




commitment to the company. Together with Bjarne Berg and the team, he built
Vizrt, piloting it to the success it enjoys today, a testament to his devotion.
His courage was remarkable, demonstrated in the way he faced his last illness,
during which he remained our active Chairman until the end. Our heartfelt
condolences go to his wife and family."
Investors and media contacts:

Martin Burkhalter
CEO
+41 (79) 795 24 48
mbu(at)vizrt.com

Ofra Brown
CFO
+47 5351 8040
ofra(at)vizrt.com

SCHWARZ Financial Communication
Frank Schwarz
+49 611 1745 398 11
schwarz(at)schwarzfinancial.com

This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)


[HUG#1446421]





Press Release as PDF:
http://hugin.info/138784/R/1446421/389398.pdf




This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Vizrt Ltd. via Thomson Reuters ONE


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Bereitgestellt von Benutzer: hugin
Datum: 23.09.2010 - 14:26 Uhr
Sprache: Deutsch
News-ID 42983
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Bergen



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