Ocean Harvest T Regulatory News (OHT)

4 Dec 2007 07:45

Orad Hi-Tec Systems04 December 2007 Orad Hi-TecSystems Ltd ("Orad" or the "Company") Contract win Polsat standardises its broadcast graphic solutions using Orad full graphicsuite - accumulated contracts during 2007 are close to US$1 million. Orad Hi-Tec Systems (Symbol: OHT) has announced that it has provided Polsat witha full graphic suite with accumulated contracts during 2007 of close to US$1million. Polsat, one of Poland's leading television broadcasters, will be usingOrad's broadcast graphic solutions including news, channel branding, sports andvirtual studio across their station's facilities. Polsat has already implemented Orad's virtual studios and Xync infrared trackingsystem successfully. Consequently, Polsat has decided to replace their existingchannel branding solution with Orad's 3DPlay channel branding solution. The3DPlay will operate out of Polsat MCR's and will be fully integrated to Polsat'sautomation system. Polsat will also take advantage of Orad's Maestro newsgraphic solution and integrate to Polsat's iNews system. Orad will deploy itsgraphic solution within Polsat's OB Vans, which are primarily used for livesport productions. All of the systems provided to Polsat by Orad are HD/SDcapable and are set for future migration from SD to HD technology. Mr. Adam Brodziak, Polsat's Technical Director: "We chose to standardise ourproduction using Orad's various graphic solutions after having carefullyexamined the market and having had an excellent experience using Orad's virtualstudio. We are confident that Orad's solutions will enable us to enhance ourgrowing production needs and position Polsat as one of the leading broadcastersin Poland". Mr. Avi Sharir, President and CEO of Orad: "We are pleased with the fact thatPolsat has decided to rely on Orad as its graphic solution provider. This is theresult of our continuous effort to enhance our relations with our existingcustomers and to increase the level of satisfaction of our solutions andservices." About Orad Founded in 1993, Orad is a world leader in TV production technology and israpidly increasing its position in the real time three dimensional graphicsmarket. Orad's product line includes virtual sets, on-air graphics systems,channel branding, virtual advertising, sports production solutions and hardwarefor the Virtual Reality industry. Orad is a publicly traded company in the PrimeStandard on Frankfurt's Wertpapierborse Prime Standard and AIM Market of theLondon Stock Exchange (symbol: OHT). www.orad.tv For further information please contact: ORAD Hi-Tec Systems Ltd +972 9 7676 862 Ehud Ben-Yair ehudb@orad.tv C.F.O Shore Capital - Nominated Adviser to Orad Graham Shore, London, UK +44 20 7408 4090 Edicto Investor Relations +49 608494859-1 Dr. Sonke Knop, Frankfurt Germany This information is provided by RNS The company news service from the London Stock Exchange