Press release
Orad Hi-Tec Systems Ltd: Details about dividend payment for 2011
Kfar-Saba, Israel, March 1, 2012. 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 $0.18 per each ordinary share entitled to receive a dividend, on behalf of the profits from Q2 thru Q4 2011. The total dividend amount to be paid to all shareholders is currently expected to be approximately US$2 million. The record date is March 19, 2012, the ex-dividend date is March 20, 2012 and the payment date is expected to be March 22, 2012. The Company shall withhold 20% at source, for all shareholders, according to Israeli tax law requirements.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).
For more information, visit www.orad.tv
Contact:
ORAD Hi-Tec Systems Ltd
Ilan Sidi, CFO ilan@orad.tv
Investor Relations
Edicto GmbH
Dr. Sönke Knop
Eschersheimer Landstraße 42
60322 Frankfurt, Germany
+49 69-90550551
sknop@edicto.de
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