Press Release
March 26th, 2014
Orad signs an $850,000 deal in Asia
Orad Hi-Tec Systems Ltd. (Frankfurt - Prime Standard; Symbol: OHT), a global developer, marketer and distributor of graphic solutions for the broadcast market, announced today that it will be providing a leading Asian broadcaster with an integrated solution based on its video servers, graphics and virtual studio solution. The total value of the deal is $850,000.
Orad will be providing the leading Asian broadcaster a turnkey integrated solution for its studio production. The solution will includes multiple video servers and graphics engines in the studio, multiple Blend channel in a box systems at the MCR as well as virtual studio and augmented reality systems.
"Orad is continuing the trend of offering solution based sales, providing broadcasters a wealth of technologies, experience and efficient solutions in one comprehensive workflow "; Avi Sharir, founder and CEO of Orad Hi-Tec Systems.
Orad Hi-Tec Systems is a world-leading provider of real-time 3D broadcast graphic, video server, and media asset management solutions including news, channel branding, sports production and enhancement, elections and special events, virtual studios, and virtual advertisement. Orad's compelling solutions streamline production workflow, enhance viewer experience, and improve production value. Founded in 1993, Orad is a public company listed on the Frankfurt Stock Exchange (OHT). More information is available at http://www.orad.tv/.
For further information contact:
Orad Hi-Tec Systems Ltd Ilan Sidi, CFO | ilan@orad.tv |
Edicto Investor Relations Dr. Sonke Knop, Frankfurt Germany | 49 69 90550551 |
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