Press release
Largest order for the last 24 months
Largest order for the last 24 months - Orad provides an integrated solution including video server, MAM, graphics and virtual studio for 1.9M$Orad Hi-Tec Systems Ltd. (Frankfurt - Prime Standard; Symbol: OHT), a global developer, marketer and distributor of graphic solutions for the broadcast market, announced today that it will be providing a Latin American broadcaster with an integrated solution based on its video server, MAM, graphics and virtual studio solution. The deal is estimated at 1.9M$.
Orad will be providing multiple VJ production servers for both ingest and studio playout together with its Orbit real time storage solution. Orad’s Maestro graphics solution will be deployed across the studios for graphics playout. Its Blend channel in a box solution will be used at the MCR for both video and graphics playback, while Orad’s ProSet virtual studio system will be deployed at one of the studios. The entire workflow will be managed by Orad’s iFind Media Asset Management (MAM) system.
“Orad is investing a lot of effort in creating integrated solutions. This sale is a good example of how we are bringing value to the customer by simplifying his workflow, offering him a one stop shop for the entire solution”; Avi Sharir, founder and CEO of Orad Hi-Tec Systems.
About 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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