Ocean Harvest T Regulatory News (OHT)

8 Jul 2005 15:50

Orad Hi-Tec Systems08 July 2005 Orad names Ehud Ben Yair as new CFO. Kfar Saba, Israel - 8th July, 2005 - Orad Hi-Tec Systems Limited (Symbol: OHT),world leader in virtual sets, on-air graphics and sports production tools hasappointed Ehud Ben Yair as its new Chief Financial Officer. He joins Orad on11th July, 2005. He brings 10 years of financial management experience in high tech multinationalcompanies. Prior to joining Orad, Mr Ben Yair served as CFO for Olive Software,Director of Finance for Voltire and CFO for Magalcom. Mr Ben Yair is acertified public accountant and holds a BA degree in economics. Mr Ben Yair is replacing Ms. Sarit Sagiv who served as the CFO of Orad from2001.The Board wishes to thank her for her effort and dedication to theCompany's affairs over this period. About ORAD Founded in 1993, Orad is a world leader in TV production technology and rapidlyincreasing its position in the Virtual Reality industry. Orad's productsinclude: virtual sets, on-air graphics systems, virtual advertising, sportsproduction solutions and hardware for the Virtual Reality industry. Orad is apublicly traded company on Frankfurt Stock Exchange and AIM of the London StockExchange (symbol: OHT). www.orad.tv For further information contact:ORAD Hi-Tec Systems Ltd Avi Sharir, Israel 972 9 7676 862 Shore Capital Graham Shore, London, UK 44 20 7408 4090 Haubrok Investor Relations Michael Kempkes, Frankfurt, Germany 49 211 30126102 This information is provided by RNS The company news service from the London Stock Exchange