Vizrt

Mr. Strømmen obtained his degree in Electrical Engineering in the USA in the early 1970’s. He has used his knowledge and skills not only in the development of technological products, but also in the commercialization of them. Strømmen started out his career as a scientist in a Norwegian research institute in 1975, and continued at MIT in Cambridge, MA from 1979 to 1980. He worked in the oil & gas industry from 1981 to 1986, and evolved into his current entrepreneur and investor role in the late 1980's. Mr. Strømmen has been the chairman of several companies, including the two publicly traded companies: Vmetro ASA and Nera ASA. He is currently a member of the board of several companies, including the two publicly trade companies: Vmetro ASA and Codfarmers ASA, as well as Hitec Industries AS, Torp Technology AS, and Data Invest AS. Mr. Strømmen, who has been a member of the Company’s board since 1999, is currently a resident of Bergen, Norway.

Mr. Reidar Michaelsen was chairman of the board and Chief Executive Officer of Petroleum Geo-Services ASA between 1993 and 2002. He was President of Petroleum Geo-Services ASA from 1991 to 1993. Mr. Michaelsen served as managing director of Norsk Vekst AS during the period 1989 to 1991. He headed the Selmer-Sande Group from 1986 to 1989 and was with Geco Geophysical Company, Inc., Houston (“Geco”) from 1982 to 1986, reaching the position of managing director. Michaelsen received a degree in business economics from the Norwegian School of Management in 1986 and an M.B.A. from the University of Wisconsin in 1975. Resident of Oslo, Norway.

Mr. Bjørn Olafsson is a business economic graduate from the Norwegian School of Management. He has many years of experience in executive positions in banking & insurance, from offshore drilling activities and telecom. He has held various executive positions within the Vesta group, as Senior Vice President and Group Controller in Bergen Bank, as Executive Vice President and Head of Corporate functions in Vital Forsikring ASA, and as CFO and later CEO in Nera ASA. Mr. Bjørn Olafsson has run his own businesses for periods and has held a number of directorships and executive positions.

Ms. Rabin has served as an external director of Vizrt since March, 2005. Ms. Rabin is to replace Ms. Simha as external director. Ms. Rabin serves as the Chairperson of the Yitzhak Rabin Center. Prior to her position in the Yitzhak Rabin Center Ms. Rabin served as a member of Israel's Knesset. She was elected in 1999 and served as Chairperson of the Ethics Committee and also served on the Constitution, Law and Justice Committee; the Committee for the Advancement of the Status of Women; the State Control Committee; and the Committee for the Advancement of the Status of the Child. In March 2001 Ms. Rabin was elected as Deputy Minister of Defence a position she held until January 2003. Ms. Rabin holds an LLB. She is a resident of Tel-Aviv, Israel.

Mr. Ranelagh obtained his PhD from the University of Kent, United Kingdom. He has held several executive positions in the broadcast industry during the past 30 years. He has been a Commissioner with the Independent Television Commission, the UK regulator of all non-BBC broadcasters. He has published several books and produced several television series. Mr. Ranelagh is a Director of NordicWorld (Executive Chairman 2005-2008), a joint programme sales venture with TV4 Sweden and MTV3 Finland. He is Programredaktør for TV2 Norway and is responsible for establishing the Programme Acquisition budget for TV2, and for acquiring the programming rights for TV2, TV2 Interactiv, TV2 Zebra and Filmkanalen. Mr. Ranelagh is currently a resident of Cambridge, United Kingdom.

Mr. Sheinman, founder of the Company, has served as the chairman of the board of directors of Vizrt since its establishment in 1994 . Yaron currently serves as the Chairman & CEO of Computerized Electricity Systems (C.E.S) Ltd. an Israeli company that developed and commercializes a revolutionary electricity board unit, featuring an intelligent electric power management system.

Yaron has been the founder, CEO and chairman of the board of directors of BVR Technologies from its commencement in 1987 through 2004. In his capacity with BVR Technologies he started several subsidiaries among which are Nexus Telocation (NASDAQ: PNTR), NexusData, VIZRT (Frankfurt Main List: VIZ) BVR Systems (NASDAQ: BVRS) and Unisfair. Resident of Carmey Yosef, Israel.