DGAP-News: Orad Hi-Tec Systems Ltd: Leading European broadcaster chooses Orad's virtual studio

DGAP-News: Orad Hi-Tec Systems Ltd: Leading European broadcaster chooses Orad's virtual studio and on air graphic systems for $850K USD

ID: 297691

(firmenpresse) - DGAP-News: Orad Hi-Tec Systems Ltd / Key word(s): Miscellaneous
Orad Hi-Tec Systems Ltd: Leading European broadcaster chooses Orad's
virtual studio and on air graphic systems for $850K USD

18.09.2013 / 08:53

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Press Release
September 18, 2013

Leading European broadcaster chooses Orad's virtual studio and on air
graphic systems for $850K USD

September 18, 2013 - Orad Hi-Tec Systems Ltd. (Frankfurt - Prime Standard;
Symbol: OHT), a global developer, marketer and distributor of graphic
solutions for the broadcast market, announced today that a leading European
broadcaster has chosen Orad to provide them with a virtual studio and on
air graphics. The deal is valued at $850K USD.

Orad's will be providing the European broadcaster with its ProSet virtual
studio and Orad's Maestro enterprise graphic solution integrated with
their newsroom system.

'Orad continues to dominate the European market thanks to its superior
real-time broadcast solutions. Orad's solutions enable broadcasters to
stand out amongst other broadcasters and increase their viewing audience,
which is crucial in today's competitive environment,' comments Avi Sharir,
founder and CEO of Orad Hi-Tec Systems.

About Orad Hi-Tec Systems
Orad Hi-Tec Systems is a world-leading provider of real-time 3D broadcast
graphic, video server, and media asset management solutions including news,
channel branding, sports production and enhancement, elections and special
events, virtual studios, and virtual advertisement. Orad's compelling
solutions streamline production workflow, enhance viewer experience, and
improve production value. Founded in 1993, Orad is a public company listed
on the Frankfurt Stock Exchange (OHT). More information is available at
http://www.orad.tv/.





For further information contact:

Orad Hi-Tec Systems Ltd
Ilan Sidi, CFO
ilan(at)orad.tv

Investor Relations:
edicto GmbH
Dr. Soenke Knop, Frankfurt Germany
49 69 90550551
sknop(at)edicto.de


End of Corporate News

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18.09.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: Orad Hi-Tec Systems Ltd
15 Atir Yeda str POB 2177
44425 Kfar Saba
Israel
Phone: +972-9-7676862
Fax: +972-9-7676861
E-mail: orad(at)orad.tv
Internet: www.orad.co.il
ISIN: IL0010838071
WKN: 928634
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart; London


End of News DGAP News-Service
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230767 18.09.2013


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Bereitgestellt von Benutzer: EquityStory
Datum: 18.09.2013 - 08:53 Uhr
Sprache: Deutsch
News-ID 297691
Anzahl Zeichen: 3473

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Kategorie:

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