Ocean Harvest T Regulatory News (OHT)

8 Jan 2008 07:45

Orad Hi-Tec Systems08 January 2008 Orad Hi-TecSystems Ltd ("Orad" or the "Company") Staff Appointments Orad North America strengthens its sales and operational organisation inresponse to growing demand. Orad Hi-Tec Systems Limited (Symbol: OHT) announces that in response to strongdemand for its broadcast graphics, virtual studio and sport solutions and inpreparation for an anticipated further increase in demand for its products in2008, the Company is strengthening its North America sales and operationsteams. Leading the new staff additions is Mr. Shaun Dail, VP of Sales for NorthAmerica. Mr. Dail has led highly successful sales and marketing activities withvarious technology companies in North America in the past. He has also been verysuccessful in building and strengthening technical and product supportdepartments. In addition to Mr. Dail, Orad North America has also appointed two highlyexperienced new senior marketing members, Mr. Rob Rizzuto and Mr. Arturo Abano.Mr. Rizzuto, formerly with Pinnacle Systems and Avid Technologies Inc, bringsover 20 years' experience in product development, project management, graphicsinnovation and workflow, and won an Emmy for Outstanding Graphics for SuperBowlXXVII. Mr. Abano, formerly with Televisa Mexico, has many years experienceworking with Orad's technologies, particularly with its sports, graphics andvirtual technologies. Orad North America has further strengthened its New Jersey and Toronto supportcentres with additional technical support personnel, who are fluent in English,Spanish and French. Mr. Avi Sharir, President and CEO of Orad commented, "Orad is confident that theadditional highly skilled and experienced experts will enable Orad to evenfurther penetrate the North American broadcasting market." 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 LtdEhud Ben-Yair +972 9 7676 862C.F.O ehudb@orad.tv Shore Capital - Nominated Adviser to OradGraham 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