Orad Hi-Tec Systems
08 July 2005
Orad names Ehud Ben Yair as new CFO.
Kfar Saba, Israel - 8th July, 2005 - Orad Hi-Tec Systems Limited (Symbol: OHT),
world leader in virtual sets, on-air graphics and sports production tools has
appointed Ehud Ben Yair as its new Chief Financial Officer. He joins Orad on
11th July, 2005.
He brings 10 years of financial management experience in high tech multinational
companies. Prior to joining Orad, Mr Ben Yair served as CFO for Olive Software,
Director of Finance for Voltire and CFO for Magalcom. Mr Ben Yair is a
certified public accountant and holds a BA degree in economics.
Mr Ben Yair is replacing Ms. Sarit Sagiv who served as the CFO of Orad from
2001.The Board wishes to thank her for her effort and dedication to the
Company's affairs over this period.
About ORAD
Founded in 1993, Orad is a world leader in TV production technology and rapidly
increasing its position in the Virtual Reality industry. Orad's 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 on Frankfurt Stock Exchange and AIM of the London Stock
Exchange (symbol: OHT).
www.orad.tv
For further information contact:
ORAD Hi-Tec Systems Ltd
Avi Sharir, Israel 972 9 7676 862
Shore Capital
Graham Shore, London, UK 44 20 7408 4090
Haubrok Investor Relations
Michael Kempkes, Frankfurt, Germany 49 211 30126102
This information is provided by RNS
The company news service from the London Stock Exchange
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