Orad Hi-Tec Systems
07 August 2007
Orad penetrates the North American sports broadcasting market with contracts
with a combined value of over US$1 million.
Orad Hi-Tec Systems Limited (Symbol: OHT), a world leading provider of graphics
systems to sports broadcasters has announced that its combined sales of sport
solutions to multiple North American broadcasters including CBC, Fox Sports,
CONCACAF, and RDS have topped $1 million dollars in recent months.
Orad has recently provided these major North American broadcasters with advanced
High Definition/Standard Definition sport enhancement solutions, including its
TrackVision 1st down line system; 3DReplay, which converts key soccer events
from video to a 3D model that can be viewed from any angle, and CyberSport for
live insertion of tied-to-the-field 3D graphics, animations and videos on the
playing field.
Mr. Avi Sharir, CEO and President of Orad, commented: 'We are pleased that our
increased efforts in the North American sport broadcasting market have been
fruitful. We expect this trend to continue as more and more leading broadcasters
implement our advanced sports graphics enhancement 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 graphics
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
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