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Orad Hi-Tec Systems 25 April 2006 Orad Hi-Tec Systems ('Orad' or the 'Company') Orad Hi-Tec Systems (Symbol: OHT), has today announced an order worth several hundred thousands of US dollars from ERT, Greece's largest public television broadcaster. ERT will utilise Orad's ProSet virtual studio solution as well as multiple Maestro stations to enhance its news graphics. As part of the agreement, ERT will employ Maestro in its on-air graphics and character generator solution for various daily news productions. Maestro will allow ERT to enhance their production workflow, by introducing a real time template to all graphic elements. Complementing the Maestro system is ProSet, Orad's high end virtual studio system empowered by 4 of Orad's 'HDVG' - High Definition video graphics rendering platform. ProSet will be utilised by ERT as its virtual system for the news operation. Orad's Xync infra red based tracking technology will also be implemented as the tracking system of the virtual studio, allowing free camera movement within the studio. Orad's 3Designer application will serve as the authoring software for both ProSet and Maestro streamlining the entire graphics workflow. Commenting on the deal Mr Avi Sharir, President and CEO of Orad: 'Orad's ability to provide an end-to-end solution to ERT played a key role in winning this contract. From infra-red camera tracking technology, a powerful video graphics rendering platform to high quality virtual studio, and on air graphics solutions, Orad provides it all. We provide a better solution to the customer by streamlining the workflow and increasing the efficiency'. About ORAD Founded in 1993, Orad is a world leader in TV production technology and is rapidly increasing its position in the Virtual Reality industry. Orad's lines of products include virtual sets, on-air graphics systems, virtual advertising, sports production solutions and hardware for the Virtual Reality industry. Orad has received extensive worldwide recognition for its systems at a wide-range of events including the 1999/2000 Emmy Award for the 'Implementation of Real Time Virtual Imaging for Live Events on Television'. Orad is a publicly traded company in the Prime Standard on Frankfurt's Wertpapierborse Prime Standard and the AIM Market of the London Stock Exchange (symbol: OHT). www.orad.tv For further information contact: ORAD Hi-Tec Systems Ltd Ehud Ben- Yair, C.F.O 972 9 7676 862 Israel ehudb@orad.tv Shore Capital Graham Shore, London, UK 44 20 7408 4090 Haubrok Investor Relations Michael Kempkes, Frankfurt, Germany 49 211 30126102 This information is provided by RNS The company news service from the London Stock Exchange END AGRUSOSRNSRSUAR
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