3rd Quarter Results

Orad Hi-Tec Systems
12 November 2007



                            Orad Hi-Tec Systems Ltd.

          Results for the first nine months and third quarter of 2007


Tel Aviv, November 12, 2007 - Orad Hi-Tec Systems Ltd. (Frankfurt - Prime
Standard; London - AIM. Symbol: OHT), a leading developer, marketer and
distributor of state-of-the-art, 3D graphical solutions for the broadcasting and
advertising markets, today announces record results for the nine months ended
September 30, 2007:


•  Sales in Q3/07 increased by 46% to a quarterly record of USD6.1
   million compared to USD4.2 million in Q3/06

•  Sales in the first nine months of 2007 increased by 23% to a record of
   USD16 million compared with USD13.1 million in the first nine months of 2006.

•  Eight consecutive quarters of profitability and positive cash flow

•  Net profits in Q3/07 increased by 1,050% to USD621 thousand compared
   to USD54 thousand in Q3/06

•  Net profits in the first nine months of 2007 increased by 137% to USD1,070 
   thousand compared with USD450 thousand in the first nine months of 2006

•  Cash increased by USD 3.6 millions in the first nine months of 2007 and by 
   USD1.8 million in Q3/07 reaching to USD13.3 million

•  Gross margin has improved to 67% in the nine months of 07 and to 64% in 
   Q3/07 compared to 60% in the first nine months of 06 and 62% in Q3/06


'We are proud again to present another record quarter. The result for the third
quarter of 2007 and the first nine months of 2007 shows a significant
improvement in all major aspects: sales, gross margin, operational expenses, net
profit and cash flow. The increase in profitability is higher than the increase
in the sales as Orad has managed to improve gross margins by reducing material
costs whilst improving production efficiencies. The net profit also improved due
to efficiencies achieved in managing operational expenses' commented Avi Sharir
President and CEO of Orad and added, 'The strong cash flow is an evidence of our
increased backlog with higher amount of deferred revenues recognizable in the
near future'.



For further information:

Orad (www.orad.tv)
Ehud Ben-Yair, CFO                    + 972 976 768 62

Shore Capital (London)
Graham Shore                          + 44 20 7408 4090

Edicto Investor  Relations            [phone]
Dr. Sonke Knop, Frankfurt Germany


Financial and Operational highlights for the three and nine months ended
September 30, 2007 compared to the same periods ended September 30, 2006:


Revenues, net profit and cash status

Revenues in Q3/07 increased by 46% to USD6.1 million compared to USD4.2 million
during Q3/2006. Revenues in the nine months of 2007 increased by 23% to USD16
million compared to USD13.1 million in the nine months of 2006.

Net profit in the third quarter of 2007 was USD0.6 million compared to net
profit of USD0.05 in the third quarter of 2006 an improvement of 1,050%.  The
net profit for the nine months of 07 improved by 137% to USD1million compared to
USD0.45 million in the first nine months of 06.

In the first nine months of 2007 cash, cash equivalents and restricted cash
increased to USD13.3 million.

The table below reflects the trend in the last four quarters and over the last
three years:


                                               Q1-3/05       Q1-3/06       Q1-3/07
                                                 '000s         '000s         '000s
Revenue                                         10,686        13,112        16,065
Gross Profit                                     4,992         7,901        10,742
Net profit                                     (3,147)           450         1,070
Cash status                                      4,964         8,940        13,306


                                             Q4/06       Q1/07         Q2/07        Q3/07
                                             '000s       '000s         '000s        '000s
Revenue                                      4,607       4,743         5,194        6,128
Gross Profit                                 2,961       3,221         3,603        3,918
Net profit                                     185         117           332          621
Cash status                                  9,662      10,629        11,443       13,306



Gross Margin

Gross margin for the third quarter of 2007 was 64%, compared to 62% in the third
quarter of 2006, mainly as a result of increases in sales volumes and improved
efficiencies together with a different sales mix.

Gross margin in the first nine months of 2007 improved significantly to 67%
compared to 60% in the first nine months of 2006. This is a result of a decrease
in the cost of materials, increased sales volumes and a different sales mixture.


Operational expenses

Operational expenses in Q3/07 were stable compared to the second quarter of
2007. Q3/07 operational expenses reflected a much lower percentage of sales,
compared to previous quarter and compared to Q3/06. Orad has efficiently managed
to increase its sales volume with much lower increase in operational expenses.
The result is a much higher profitability.


                                               Q3/06        Q3/07        Q2/07      Q1-3/06      Q1-3/07
Research and Development                         625          696          774        1,847        2,246
Sales and Marketing                            1,602        2,327        2,048        4,791        6,279
General and Administrative                       376          498          556        1,145        1,544
Total Operating expenses:                      2,603        3,521        3,378        7,783       10,069



Contact:
Orad Hi-Tec Systems Ltd.
Ehud Ben-Yair
Chief Financial Officer
PO Box 2177
Kfar Saba 44425, Israel
Tel: [phone]
Fax: [phone]
E-Mail: [e-mail]
www.orad.tv


CONSOLIDATED BALANCE SHEETS

U.S. dollars in thousands, except share and per share data


                                                December    September 
                                                31, 2006     30, 2007
                                                            Unaudited
ASSETS

CURRENT ASSETS:
Cash and cash equivalents                        $ 9,091     $ 12,250
Restricted cash                                      571        1,056
Trade receivables, net                             2,422        1,483
Other accounts receivable and prepaid                837        1,095
expenses
Inventories                                        2,696        2,978
Work in process, net of advances from                520          280
customers*)

Total current assets                              16,137       19,142

SEVERANCE PAY FUND                                 1,017        1,184

PROPERTY AND EQUIPMENT, NET                        1,530        1,525

Total assets                                    $ 18,684     $ 21,851

LIABILITIES AND SHAREHOLDERS' EQUITY

CURRENT LIABILITIES:
Trade payables                                   $ 1,354      $ 2,049
Deferred revenues                                  1,841        1,794
Other accounts payable and accrued expenses*)      4,767        5,915

Total current liabilities                          7,962        9,758

ACCRUED SEVERANCE PAY                              1,503        1,721

SHAREHOLDERS' EQUITY:
Share capital                                         28           29
Additional paid-in capital                        75,357       75,439
Foreign currency translation adjustments            (547)        (547)
Accumulated deficit                              (65,619)     (64,549)

Total shareholders' equity                         9,219       10,372

Total liabilities and shareholders' equity      $ 18,684     $ 21,851


*)    Reclassified





CONSOLIDATED STATEMENTS OF INCOME

U.S. dollars in thousands, except share and per share data


             Year ended    Nine months ended    Three months ended
            December 31,     September 30,         September 30,
                   2006      2006      2007       2006       2007
                                          Unaudited

Revenues        $17,719   $13,112  $ 16,065     $4,196     $6,128

Cost of sales     6,901     5,210     5,323      1,581      2,210

Gross profit     10,818     7,902    10,742      2,615      3,918

Operating
expenses:
Research and      2,507     1,847     2,246        625        696
development,
net
Sales and         6,631     4,791     6,279      1,602      2,327
marketing
General and       1,506     1,145     1,544        376        498
administrative

Total            10,644     7,783    10,069      2,603      3,521
operating
expenses

Operating           174       119       673         12        397
income
Financial           467       335       401         41        225
income, net
Other income         (5)       (4)       (4)         1         (1)
(expenses),
net

Net income        $ 636     $ 450   $ 1,070       $ 54      $ 621

Basic net         $0.06     $0.04      $0.1      $0.01      $0.06
earnings per
share

Weighted         10,791    10,791    10,821     10,791     10,821
average number
of shares used
in computing
basic net
earnings per
share (in
thousands)

Diluted net      $ 0.06    $ 0.04    $ 0.1     $ 0.01     $ 0.06
earnings per
share

Weighted         10,781    10,817    10,991     10,819     10,988
average number
of shares used
in computing
diluted net
earnings per
share (in
thousands)






STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY

U.S. dollars in thousands, except share data


                   Number of                                 Foreign      
                 outstanding                Additional      currency       
                    Ordinary       Share       paid-in   translation    Accumulated      
                      shares     capital       capital   adjustments        deficit      Total
                                                                       
Balance as of     10,790,621        $ 28      $ 75,281        $ (547)     $ (66,255)   $ 8,507
January 1, 2006

Comprehensive
income:                                                       
Net income                 -           -             -             -            636        636
Issuance of           10,000        *) -             9             -              -          9
shares upon
exercise of
employee share
options
Share based                -           -            67             -              -         67
compensation

Balance as of     10,800,621          28        75,357          (547)       (65,619)     9,219
December 31,
2006

Comprehensive
income:
Net income                 -           -             -             -          1,070      1,070
Issuance of           19,929           1            22             -              -         23
shares upon
exercise of
employee share
options                                                                                    
Share-based                -           -            60             -              -         60
compensation

Balance as of     10,820,550        $ 29      $ 75,439        $ (547)     $ (64,549)  $ 10,372
September 30,
2007 (unaudited)

Balance as of     10,790,621        $ 28      $ 75,281        $ (547)     $ (66,255)   $ 8,507
January 1, 2006

Comprehensive
income:
Net income                 -           -             -             -            450        450
Share-based                -           -            44             -              -         44
compensation                                                                           
                                                            
Balance as of     10,790,621        $ 28      $ 75,325        $ (547)     $ (65,805)   $ 9,001
September 30,
2006 (unaudited)




*)   Represents an amount lower than $ 1.




CONSOLIDATED STATEMENTS OF CASH FLOWS

U.S. dollars in thousands


                                 Year ended        Nine months ended
                                 December 31,         September 30,
                                     2006        2006               2007 

                                                       Unaudited
Cash flows from operating
activities:

Net income                           $ 636      $ 450            $ 1,070
Adjustments to reconcile net
income to net cash provided by
operating activities:
Depreciation                           569        420                469
Share-based compensation                67         44                 60
Decrease in trade receivables,       1,214      1,814                681
net and other accounts
receivable and prepaid expenses
Decrease (increase) in                  29        (37)              (339)
inventories
Decrease (increase) in work in         (54)      (157)               240
process, net of advances from
customers*)
Increase in trade payables,            807        224              1,894
other accounts payable and
accrued expenses and accrued
severance pay, net*)
Increase (decrease) in deferred        640        413                (47)
revenues
Other                                    5          4                  4

Net cash provided by operating       3,913      3,175              4,032
activities

Cash flows from investing
activities:

Purchase of property and              (146)      (110)              (420)
equipment
Proceeds from sale of property          48         37                  9
and equipment
Decrease (increase) in                 (71)       250               (485)
restricted cash

Net cash provided by (used in)        (169)       177               (896)
investing activities

Cash flows from financing
activities:

Issuance of shares upon exercise         9          -                 23
of employees share options

Net cash provided by financing           9          -                 23
activities

Increase in cash and cash            3,753      3,352              3,159
equivalents
Cash and cash equivalents at the     5,338      5,338              9,091
beginning of the period

Cash and cash equivalents at the   $ 9,091    $ 8,690           $ 12,250
end of the period


*)   Reclassified.




a.   The Company's shares and options held by members of the Board of Directors
and officers of the Company:

                                                               Number of          Number of
                                                                Ordinary              share
                                                                  shares          options *)
                                                        
Avi Sharir                                                     2,143,238            169,253
Moshe Nissim                                                           -             35,000
Ehud Ben-Yair                                                          -             45,000
Orna Nehustan                                                          -             30,000
Dan Falk                                                               -             20,000
Shimon Ravid                                                           -             10,000
Uzi Peled                                                              -             10,000
Daniel Furman                                                    753,300             10,000
Anat Segal                                                             -             20,000



*)   Each share option is convertible into one Ordinary share.

b.   As of September 30, 2007, the Company employs 147 employees.





                      This information is provided by RNS
            The company news service from the London Stock Exchange