Ocean Harvest T Regulatory News (OHT)

31 Oct 2005 09:48

Orad Hi-Tec Systems31 October 2005 CANAL+ Chooses ORAD's Sports Graphics to Cover the French Premier League for thenext three years. Orad Hi-Tec Systems (Symbol: OHT) announced today that CANAL+, one of Europe'slargest broadcasters, has placed a substantial order. CANAL+ will purchasemultiple TrackVision, CyberSport and CyberGraphics systems together with a threeyears' maintenance agreement, to enhance CANAL+'s coverage of the French PremierLeague. Under the agreement, Orad will provide CANAL+ with a total On Air Graphicgraphics solution including on screen graphics, virtual offside lines and sportenhancement features. The systems will be used for the next three forthcomingseasons, covering 380 games per year, transmitted live on the CANAL+ Premium,CANAL+ Sport and Kiosque as well as CANAL+ satellite Pay Per View channels.Canal+ will produce part of the main games using Orad's high definitionsolutions. At the heart of the Orad solution to CANAL+ is its newly released TrackVisionsystem. TrackVision is a proprietary system (for which a patent is pending)which allows offside lines during football matches to be generated instantly,based on a real time analysis of the video signal itself. No mechanical devicesneed to be mounted to the cameras. Using Orad's superior tracking technology,offside lines can be generated even in areas where the pitch lines are notvisible. In addition, CANAL+ will utilize Orad's CyberSport system to enhance the matchpresentation further, using features such as virtual screens and distancemeasurements. The CyberGraphics platform will also be used for standard onscreen graphics with an interface to the League's statistical system. Thesystem CANAL+will deploy is based on Orad's DVG and HDVG rendering platforms. CANAL+ sports production department's TV Director said: "Over the past fewmonths we conducted a thorough analysis of the various alternatives and the Oradsolution stands out as superior both in its ease of operation and its accuracy,as well as presenting inherent ability to evolve towards our futurerequirements. We hope that the partnership with Orad will expand into otherareas of sports." "We are delighted that CANAL+ is adopting our sports solution" says Avi SharirPresident and CEO of Orad. "Orad has always been at the forefront of novelsports graphics solutions. We look forward to continue working with CANAL+ todevelop new and exciting products for sports coverage. With this agreement, theFrench football league joins the Italian, Brazilian, Dutch, Portuguese, Spanish,English, Belgium, Turkish and many other leagues which have implemented Orad'ssports solution for their football games". 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 lines ofproducts include virtual sets, on-air graphics systems, virtual advertising,sports production solutions and hardware for the Virtual Reality industry. Oradhas received extensive worldwide recognition for its systems at a wide-range ofevents including the 1999/2000 Emmy Award for the 'Implementation of Real TimeVirtual Imaging for Live Events on Television'. Orad is a publicly tradedcompany in the Prime Standard on Frankfurt's Wertpapierborse Prime Standard andAlternative Investment Market of the London Stock Exchange (symbol: OHT). www.orad.tv For further information contact:ORAD Hi-Tec Systems Ltd Ofir Benovici, 972 9 7676 862Director of Marketing ofirb@orad.tvIsrael Shore CapitalGraham Shore, London, UK 44 20 7408 4090 Haubrok Investor RelationsMichael Kempkes, Frankfurt, Germany 49 211 30126102 This information is provided by RNS The company news service from the London Stock Exchange