Re: Agreement

Orad Hi-Tec Systems
05 October 2006



Orad Hi-Tec Systems Limited ('Orad')

Orad wins four new contracts

Orad Hi-Tec Systems (Symbol: OHT), a leading provider of virtual studios, has
further established itself as a major force in the US virtual production market
by winning four new sales contracts due for delivery in 2006. The combined total
sales value is expected to exceed three quarters of a million dollars. All four
sales are to established broadcasting centres of large US governmental
organisations, including the Centre for Disease Control, St. Petersburg College,
the National Terrorism Preparedness Institute and the Department of Veterans'
Affairs.

Prior to purchasing Orad's virtual studio solutions, the purchasers had
previously only produced in conventional studios. Orad's virtual studio
solutions will enable them to produce in High Definition and Standard
Definition, quickly and easily captivating programmes in real-time.

Orad's virtual studio solutions was selected as the preferred solution after
careful evaluation of possible alternatives and as a result of our
state-of-the-art Standard Definition/High Definition HDVG rendering platform,
precise camera tracking technologies, and 3Designer real-time 2D/3D graphics and
animations authoring software.

Avi Sharir, CEO and President of Orad: 'These sales further solidify our
standing as a leading provider in the US virtual production market. As
broadcasters begin to move from conventional to virtual studios, and with the
increased interest in HD systems, broadcasters worldwide are beginning to
realise the full potential of Orad's innovative virtual solutions.'


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
is a publicly traded company in the Prime Standard on Frankfurt's
Wertpapierborse Prime Standard and AIM Market of the London Stock Exchange
(symbol: OHT).

www.orad.tv


For further information contact:
ORAD Hi-Tec Systems Ltd

Ehud Ben-Yair                            [phone]

C.F.O                                    [e-mail]


Shore Capital

Graham Shore, London, UK                 [phone]


Edicto Investor  Relations

Dr. Sonke Knop, Frankfurt Germany        [phone]





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