Ocean Harvest T Regulatory News (OHT)

23 Apr 2007 07:00

Orad Hi-Tec Systems23 April 2007 Brazil's Rede Record to standardise its 3D on-air graphics solution with Orad'ssystems for US$650,000. Orad Hi-Tec Systems Limited (Symbol: OHT), a world leading provider of virtualstudios and on-air graphics systems has announced that it will be providing RedeRecord, one of Brazil's largest broadcasters, with its Maestro news graphicssystem, multiple 3DPlay channel branding solutions, and an additional virtualstudio system. The deal is valued at US$650,000 to be recognised during 2007. Rede Record chose to standardise with Orad's three dimensional, on-air graphicsolutions for their Rio de Janeiro and Sao Paolo broadcasting centers. Orad'sMaestro news graphic system will integrate with ENPS' newsroom systems andOrad's 3DPlay channel branding solution will integrate to Harris' automationsystem. Rede Record, who is already using one of Orad's virtual studio systems in itsSao Paulo broadcasting center, has chosen to add another of Orad's virtualstudio systems based on the Xync infrared tracking system for their Rio deJaneiro center. Avi Sharir, CEO and President of Orad, commented: "We are pleased that RedeRecord, a leading Brazilian broadcaster, has chosen once again to use Orad'sfull graphics solutions, to enhance their on-air graphic systems with Orad'snews, channel branding, and virtual studio solutions." 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 graphicmarket. 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 contact:ORAD Hi-Tec Systems Ltd +972 9 7676 862Ehud Ben-Yair ehudb@orad.tvC.F.O Shore CapitalGraham Shore, London, UK +44 20 7408 4090 Edicto Investor RelationsDr. Sonke Knop, Frankfurt Germany +49 608494859-1 This information is provided by RNS The company news service from the London Stock Exchange