Orad Hi-Tec Systems
23 April 2007
Brazil's Rede Record to standardise its 3D on-air graphics solution with Orad's
systems for US$650,000.
Orad Hi-Tec Systems Limited (Symbol: OHT), a world leading provider of virtual
studios and on-air graphics systems has announced that it will be providing Rede
Record, one of Brazil's largest broadcasters, with its Maestro news graphics
system, multiple 3DPlay channel branding solutions, and an additional virtual
studio system. The deal is valued at US$650,000 to be recognised during 2007.
Rede Record chose to standardise with Orad's three dimensional, on-air graphic
solutions for their Rio de Janeiro and Sao Paolo broadcasting centers. Orad's
Maestro news graphic system will integrate with ENPS' newsroom systems and
Orad's 3DPlay channel branding solution will integrate to Harris' automation
system.
Rede Record, who is already using one of Orad's virtual studio systems in its
Sao Paulo broadcasting center, has chosen to add another of Orad's virtual
studio systems based on the Xync infrared tracking system for their Rio de
Janeiro center.
Avi Sharir, CEO and President of Orad, commented: 'We are pleased that Rede
Record, a leading Brazilian broadcaster, has chosen once again to use Orad's
full graphics solutions, to enhance their on-air graphic systems with Orad's
news, channel branding, and virtual studio solutions.'
About ORAD
Founded in 1993, Orad is a world leader in TV production technology and is
rapidly increasing its position in the real time three dimensional graphic
market. Orad's product line includes virtual sets, on-air graphics systems,
channel branding, 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 +972 9 7676 862
Ehud Ben-Yair ehudb@orad.tv
C.F.O
Shore Capital
Graham Shore, London, UK +44 20 7408 4090
Edicto Investor Relations
Dr. Sonke Knop, Frankfurt Germany +49 608494859-1
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.