Orad Hi-Tec Systems
28 July 2005
Orad wins order for two multi channel virtual sets from Portugal's Sic TV
Orad Hi-Tec Systems (Symbol: OHT), announced today that Sic TV, the largest
private TV station in Portugal, has purchased two multi channel virtual sets.
Under the agreement, Orad will provide Sic TV with two of its SmartSet virtual
set systems. SIC TV will utilise the SmartSet system for various types of
productions such as news, magazines and entertainment.
The SmartSet systems are based on Orad's pattern recognition tracking solution
along with mechanical sensors. This unique combination offers Sic TV the
ability to re-locate the camera's position as well as providing system
redundancy. Empowered by Orad's DVG rendering platform, SmartSet is equipped
with multi channel capabilities which allow the director to preview each of the
cameras and dissolve between them.
'We ran a thorough and intense evaluation process before selecting the SmartSet
system.' Says Engr. Jose Lopes, Head of Engineering Department. for SIC TV.
'The graphics quality, the high level of photorealism, the flexibility and the
ease of use and operation are some of the reasons we decided to grant Orad this
order. ' Engr. Jose Lopes added.
'We are pleased that SIC TV appreciated the SmartSet strengths and chose our
solution.' says Avi Sharir CEO and president of Orad. 'Our local distribution
partner VANTeC played a key roll in adding SIC TV to a growing list of leading
broadcasters which selected SmartSet for their various productions'. Sharir
summarized.
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 lines of
products include virtual sets, on-air graphics systems, virtual advertising,
sports production solutions and hardware for the Virtual Reality 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 the AIM of the London Stock Exchange
(symbol: OHT).
www.orad.tv
For further information contact:
ORAD Hi-Tec Systems Ltd
Ofir Benovici, 972 9 7676 862
Director of Marketing ofirb@orad.tv
Israel
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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