Re Contract

Orad Hi-Tec Systems 07 October 2003 ORAD affirms its leadership in the market of on-air 3D graphics Orad Hi-Tec Systems (symbol:OHT), world leader in virtual sets, on-air graphics and sports production tools, is affirming its leadership in the market of on-air 3D graphics Two existing Orad clients have placed repeat orders for the Orad's on-air 3D graphics software. M6, part of the RTL group, and 'Francaise d'image', the production company in charge of all generic game shows in France, have completed their installations with the addition of one and two CyberGraphics systems respectively. M6 will use this new CyberGraphics system to complement the existing live graphics work currently done for its weather and news broadcasts by CyberGraphics software. This system is to be installed for the production of automated promotions. While promotions are traditionally produced manually on frame-by-frame rendering graphics systems, the new CyberGraphics system will generate daily television promotions in an automated and real-time manner, via software integrated by VCF, one of the leading french companies for services in broadcast. 'Francaise d'image' will be installing this month its sixth and seventh Orad DVG systems with the CyberGraphics software. CyberGraphics will be used for all live game shows to be put on air in the coming month. The game shows will feature real time 3D graphics, dynamic 3D/2D text information and unique OpenGL lighting effects as never seen before in French television game shows. French automated graphics integrator Mplus, another user of Orad's DVG systems, and 3D graphic design company Parallax were chosen to produce the pilots of the first game to be aired with CyberGraphics. Nabil Bouchiba, technical director at 'Francaise d'image', commented : 'We view the relationship with Orad as a partnership where both companies learn from each other, to grow in their respective fields. The relationship began almost two years ago with Cyberset and, following excellent results, now moves into additional live 3D graphics with Cybergraphics'. These two sales come in addition to other sales of CyberGraphics software in the last quarter to French clients such as TF1, who selected CyberGraphics as the graphic platform for all their master control room requirements, and Centreville, the leading facility in France for virtual graphics production. For further information contact: Haubrok Investor Relations Michael Kempkes + 49 211 30126102 Frankfurt Germany Shore Capital Jonathan Nelson +44 20 7408 4090 London UK About Orad Founded in 1993, Orad is a world leader in TV production technology and rapidly increasing it's position in the visual simulation ('VisSim') industry. Orad's lines of products include virtual sets, on-air graphics systems, virtual advertising, sports production solutions and hardware for the VisSim 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 on Frankfurt's Prime Standard and Alternative Investment Market of London (symbol OHT) This information is provided by RNS The company news service from the London Stock Exchange
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