Re Contract

Orad Hi-Tec Systems 20 February 2007 Orad signs a new agreement with RTBF worth US$1.2 million to supply three dimensional news graphics systems. Orad Hi-Tec Systems (Symbol: OHT), a world-leading provider of virtual studios and on-air graphics, has announced that it will be providing Radio Television Belge de la Communite Francaise ('RTBF'), with Orad's 'Maestro' platforms for news, channel branding, and '3Designer' authoring software. The contract is estimated at US$1.2 million and will be supplied during 2007. After a thorough evaluation process through a Europe wide public tender, RTBF chose to standardise their graphic solution with Orad's 'Maestro' three dimensional graphic systems, which will provide RTBF with an end-to-end playout application for news, channel branding, and on site production. RTBF choose Orad's 'Maestro' as the most cost effective solution due to its scalability, reliability, and its seamless integration to the 'iNews' news room system and the 'Avid NLE' system. The 'Maestro' three dimensional graphic station is based on Orad's powerful 'HDVG' graphic platform which will offer RTBF advanced standard definition capabilities with an easy upgrade path to high definition content production capabilities. RTBF chose Orad's '3Designer' authoring software, which will enable RTBF to create state-of-the-art, real-time three dimensional graphics and animations. RTBF has announced Orad as its premium partner for graphics solutions for the entire digitisation process. Mr Avi Sharir, President and CEO of Orad, commented: 'A sale to a leading public broadcaster like RTBF firmly reinforces Orad's prominent position in the three dimensional news graphic market'. 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 Ehud Ben-Yair 972 9 7676 862 C.F.O ehudb@orad.tv 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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