Press Releases from Orad Hi-Tec Systems Ltd. (16 total)
Orad Hi-Tec Systems Ltd: Avid Technology enters into a definitive agreement to a …
Ad-hoc-Disclosure According to § 15 WpHG
Kfar-Saba, Israel, April 13, 2015 – Orad Hi-Tec Systems Ltd. (ISIN IL0010838071; Frankfurt Prime Standard; Symbol: OHT), a provider of state-of-the-art 3D real-time graphic, video servers, and MAM solutions for the broadcasting markets, today announced that it has signed a definitive agreement to be acquired by Avid Technology, Inc. (“Avid”, Nasdaq: AVID). Under the terms of the agreement, Avid has agreed to pay €5.67…
Orad Hi-Tec Systems Ltd.: Revenues and earnings set new records in 2014
- Revenues up 27.3 percent to USD 40.5 million
- Net income climbs to USD 3.4 million after loss of USD 1.9 million in previous year
- Dividend of USD 0.105 per share resolved
Kfar-Saba, Israel, March 5, 2015 – Orad Hi-Tec Systems Ltd. (ISIN IL0010838071; Frankfurt - Prime Standard; symbol: OHT), a leading developer, marketer and distributor of state-of-the-art 3D real-time graphics, video servers and MAM solutions, today announced that it closed…
ad hoc: Orad Hi-Tec Systems Ltd.: Details about dividend payment for 2014:
AD-HOC ANNOUNCEMENT ACCORDING TO § 15 WPHG
Kfar-Saba, Israel, March 5, 2015. Orad Hi-Tec Systems Ltd. (ISIN IL0010838071; Symbol: OHT), a world-leading provider of real-time 3D broadcast graphic, video server, and media asset management solutions for the broadcasting markets, announced that it has resolved to declare a dividend in the amount of US $0.105 per each ordinary share (10.5 USD cents per share) entitled to receive a dividend, on behalf of…
Avi Engel joins Orad’s Board of Directors
Kfar-Saba, Israel, 26 February 2015. 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 the appointment of Mr. Avi Engel to its board of directors.
“We are very pleased to announce that Mr. Avi Engel will be joining our board of directors. Mr. Engel brings over 16 years in the media industry and…
Orad Hi-Tec Systems Ltd. raises revenue and earnings guidance after good third q …
– New quarterly record revenue of USD 10.5 Million
– Third-quarter operating profit more than tripled to USD 1.2 million
– Revenue guidance for 2014 raised to USD 40-41 million; target operating profit margin of 8-10%
Kfar-Saba, Israel, November 14, 2014 - Orad Hi-Tec Systems Ltd. (ISIN IL0010838071; Frankfurt - Prime Standard; symbol: OHT), a leading developer, marketer and distributor of state-of-the-art 3D real-time graphics, video servers and MAM solutions, today announced that…
Orad Hi-Tec Systems announces 41 percent revenue growth and good profitability i …
- Quarterly revenue of USD 10.2 million is new record high for the company
- Net profit improved significantly to USD 0.8 million
- Half-year earnings per share at USD 0.14
- Full-year guidance confirmed
Kfar-Saba, Israel, 06 August 2014. Orad Hi-Tec Systems Ltd. (ISIN IL0010838071; Symbol: OHT), a leading developer, marketer and distributor of state-of-the-art 3D real-time graphics, video servers and MAM solutions for the broadcasting markets, today announced a very successful business performance for the second…
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 $850,000.
Orad will be providing the leading Asian broadcaster a turnkey integrated solution for its…
Largest order for the last 24 months
Largest order for the last 24 months - Orad provides an integrated solution including video server, MAM, graphics and virtual studio for 1.9M$
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…
Orad to provide a Central European Broadcaster with a complete broadcast solutio …
February 10, 2014 - 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 Central European Broadcaster an integrated solution for their entire channel, including video servers for playout, news graphics, and media asset management. The deal is estimated at over $1.2M USD.
The solution covers the entire workflow from…
Orad Hi-Tec Systems returns to profitability in the third quarter of 2013
Dissemination of an Ad hoc announcement according to § 15 WpHG
Orad Hi-Tec Systems returns to profitability in the third quarter of 2013
- Third-quarter revenues are $8.7 million
- Improve of gross margin to 69.5%
- Cost reduction program starts to shows results
- All earnings figures back in the black
- Continue of high level of Bookings, two consecutive quarters
- Record number…
Leading European broadcaster chooses Orad’s virtual studio and on air graphic …
Press Release
September 18, 2013
Leading European broadcaster chooses Orad’s virtual studio and on air graphic systems for $850K USD
September 18, 2013 - 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 a leading European broadcaster has chosen Orad to provide them with a virtual studio and on air graphics. The deal is…
Leading Latin American Broadcast Corporation standardizes over Orad broadcast pl …
Press Release
July 29 2013
Leading Latin American Broadcast Corporation standardizes over Orad broadcast platforms for $600,000 US
July 29, 2013- Orad Hi-Tec Systems Ltd. (Frankfurt - Prime Standard; Symbol: OHT), a global developer, marketer and distributor of graphic and video server solutions for the broadcast market, announced that Uruguay’s leading broadcast corporation has chosen Orad’s graphic, sports and video server solutions in a deal valued at $600,000 US. The corporation, which broadcasts…
Leading Asia Pacific TV Network adopts Orad’s Complete Production Solutions
Leading Asia Pacific TV Network adopts Orad’s Complete Production Solutions for over $600K USD
July 29, 2013- 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 a leading Asia Pacific TV network has chosen Orad to provide graphics and sports production solutions for its new regional network. The deal is valued at over $600K…
Orad Appoints Brian Kelly as Vice President and General Manager of Orad North Am …
July 10, 2013 - 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 is expanding its management team in North America, appointing Brian Kelly to the role of Vice President and General Manager. Brian Kelly is an accomplished sales executive with over 20 years of experience working with leading technology firms, serving…
Orad Looks to Increase Market share in China through Joint Venture with Chinese …
May 16, 2013- Orad Hi-Tec Systems Ltd. (Frankfurt - Prime Standard; Symbol: OHT), a global developer, marketer and distributor of state-of-the-art, 3D real-time graphic solutions for the broadcast market, has invested in a joint venture with a Chinese Broadcast and Telecom company, to customize and resell Orad solutions to local and provincial Chinese broadcasters. The investment will increase Orad’s penetration in the Chinese broadcast market by offering customized technologies that…
Orad Hi-Tec Systems Ltd reports net profit of US-Dollar 1.2 million for 2012
Kfar-Saba, Israel, March 7, 2013 – Orad Hi-Tec Systems Ltd. (ISIN IL0010838071; symbol: OHT), a world-leading provider of real-time 3D broadcast graphic, video server, and media asset management solutions for the broadcasting markets, today announced a net profit of US-Dollar 1.2 million for the 2012 financial year. Net profit in the previous year had been US-Dollar 3.7 million. The revenues for 2012 of US-Dollar 35.0 million came in same level…
