TV Globo extends agreement

Orad Hi-Tec Systems
27 June 2005


Orad Hi-Tec Systems Limited ('Orad')


TV Globo extends virtual advertisement agreement with Orad


Kfar Saba, Israel -June 27th, 2005 - Orad Hi-Tec Systems Limited (Symbol: OHT),
world leader in virtual sets, on-air graphics and sports production tools
announces today the extension of its 3 year virtual advertisement contract
Brazilian leading broadcaster TV Globo.


Orad is pleased to announce the extension of its revenue sharing agreement with
TV Globo, a leading Brazilian broadcaster and one of the world's largest
broadcasters, to provide its virtual advertisement system.


As part of the agreement, Orad will upgrade TV Globo's 3 Imagine virtual
advertisement systems to encompass the latest version recently released by Orad.
Imagine is Orad's revolutionary system which allows broadcasters to insert
virtual advertisements onto the field of live sports events. The advertisements
remain in a fixed position on the viewer's screen regardless of the camera
motion and this creates the illusion that the advertisement is an integral part
of the playing field. The upgrade of Imagine will provide TV Globo with an
enhanced capability to allow richer and more sophisticated advertisements to be
screened, thereby creating the opportunity to increase revenues.


Over the past few years, Orad's Imagine virtual advertisement system has been
extensively used by TV Globo. In particular, Imagine has been used for various
sports events such as soccer games as well as outdoor events such as the
Brazilian carnival.


Avi Sharir, President and CEO of Orad said: 'Above all I see this agreement as a
vote of confidence in Imagine. TV Globo has assisted us to introduce the concept
of virtual advertising and I'm pleased that TV Globo decided to continue
building our relationship. We are excited by the prospects for Imagine and see a
growing demand for virtual advertising, and I am confident that more and more
broadcasters will seek to follow TV Globo'.


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 in the Prime Standard on Frankfurt's Wertpapierborse Prime Standard and
Alternative Investment Market 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



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