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Orad Hi-Tec Systems 1 July 2004 ESPN Star Sports Selects Orad systems for the new Football Season Orad secures orders for its CyberSet virtual studio system and two 3D on-air graphics systems Kfar Saba, Israel - July 1, 2004 - Orad Hi-Tec Systems (Symbol: OHT), the world leader in virtual sets, on-air graphics and sports production tools, announced today that ESPN Star Sports, Asia's leading regional sports broadcaster, has purchased Orad's CyberSet virtual studio system along with two CyberGraphics systems, Orad's live 3D on-air graphics systems. Singapore based ESPN Star Sports plans on using Orad's systems for their extensive in-studio, pre-game and post-game shows of European football matches scheduled to begin later this summer. The installation at ESPN Star Sports will include Orad's virtual set 'CyberSet NT', and two live 3D on-air systems 'CyberGraphics' play-out stations. The inclusion of the on-air graphics system will allow ESPN Star Sports to provide targeted sponsorship or advertisements to different markets on the live video itself, making it an integral part of the broadcast. 'We were looking at new ways of creating targeted advertising to various markets, and Orad was able to provide us with the most cost effective and technologically sound solution to meet this need,' said ESPN Star Sports Director of Engineering, Andy Rylance. 'Having evaluated the virtual set market for many years, we wanted to integrate technology which is on par with the calibre of shows we produce for our Asian viewers. We chose Orad's virtual set and live 3D on-air graphics systems, because we knew that incorporating Orad into our production environment gives us the possibility to make our shows stand out,' added Rylance. 'The fact that a broadcaster can produce a big studio look while operating in a small studio played a vital role in ESPN Star Sports selecting our system,' said Orad CEO Avi Sharir. 'The provision of extended marketing possibilities with our 3D live on-air graphics system is an approach which we hope will be emulated by additional stations in the near future,' added Sharir. About ESPN Star Sports ESPN STAR Sports is a 50:50 joint venture between two of the world's leading cable and satellite broadcasters, ESPN Inc. and STAR. It is Asia's complete sports provider that reaches over 128 million households for ESPN and over 57 million households for STAR Sports (as of April 2004). 11 networks include ESPN Asia, ESPN India, ESPN Taiwan, ESPN Philippines, MBC-ESPN (Korea), ESPN Singapore, STAR Sports Asia, STAR Sports India, STAR Sports Taiwan, STAR Sports Singapore and STAR Sports S.E.A., Bringing the world's premier live sports and leading regional events to viewers 24 hours a day. On the ground, the ESPN STAR Sports Event Management Group manages and promotes premier sporting events around Asia. On-line, espnstar.com, espnstar.com.cn and espnstar.com.tw interact with millions of users providing them with in-depth sports news, results and competitions. This multilingual, online platform is closely integrated with ESPN and STAR Sports on air networks and has established the sites as the number one on-line sports destination in their respective markets. About ORAD Founded in 1993, Orad is a world leader in TV production technology and rapidly increasing its position in the Vissim industry. Orad's lines of products include virtual sets, on-air graphics systems, virtual advertising, sports production solutions and hardware for the Vissim 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 on Frankfurt's Neuer Markt 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 7468 7910 Haubrok Investor Relations Michael Kempkes, Frankfurt, Germany 49 211 30126102 This information is provided by RNS The company news service from the London Stock Exchange
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