Re Contract

Orad Hi-Tec Systems 02 April 2007 April 2, 2007 Orad to provide Deutsche Welle with an additional HDVG platform to supply on-screen channel branding solution in a deal worth c. US$500,000 in addition to the contract previously announced on August 2006. Orad Hi-Tec Systems Limited (Symbol: OHT), a world leading provider of virtual studios and on-air graphics systems has announced that it will provide an additional HDVG platform to leading German broadcaster, Deutsche Welle, for its on-screen channel branding. The deal, valued at an estimated US$500,000 is part of a new master control room implementation managed by one of the largest system integrators in Germany, Wellen&Nothen, is in addition to the agreement signed in August 2006 with Deutsche Welle for more than US$1.3 million for the supply of three dimensional high definition graphic systems. Deutsche Welle is a member of the ARD group. Deutsche Welle's on- screen branding solution will be operated through Orad's powerful graphic computer, the HDVG, which will enable on screen branding on 8 dual channels, enabling Deutsche Welle to differentiate themselves from other broadcasters by strengthening their channel identity and increasing viewer loyalty. Orad's channel branding solution provides a graphical layer that promotes the channel's programming and general information, such as: weather, stock market updates, news, and more. Avi Sharir, CEO and President of Orad: 'This additional sale to Deutsche Welle clearly indicates our customers' continued satisfaction and Orad's continued dominance in cutting edge TV production technology'. About ORAD Founded in 1993, Orad is a world leader in TV production technology and is rapidly increasing its position in the real time three dimensional graphic market. Orad's product line includes virtual sets, on-air graphics systems, channel branding, virtual advertising, sports production solutions and hardware for the Virtual Reality industry. Orad is a publicly traded company in the Prime Standard on Frankfurt's Wertpapierborse Prime Standard and AIM Market of the London Stock Exchange (symbol: OHT). www.orad.tv For further information contact: ORAD Hi-Tec Systems Ltd +972 9 7676 862 Ehud Ben-Yair ehudb@orad.tv C.F.O Shore Capital Graham Shore, London, UK +44 20 7408 4090 Edicto Investor Relations Dr. Sonke Knop, Frankfurt, Germany +49 608494859-1 This information is provided by RNS The company news service from the London Stock Exchange
UK 100

Latest directors dealings