Re Contract

Orad Hi-Tec Systems 12 February 2008 12 February 2008 Orad Hi-Tec Systems Limited ('Orad') Contract with MTV Oy, Finland's largest private broadcaster, for Orad's graphics solutions valued at US$600,000 Orad (Symbol: OHT) announces that MTV Oy, Finland's largest privately owned commercial broadcaster, has purchased multiple channel branding and TV news graphics solutions. The contract is valued at approximately US$600,000 and will be recognised in H1-2008. Following its evaluation of the available graphics solutions, MTV Oy has chosen to deploy Orad's Maestro HD/SD 3D character generators across the station's facilities. The Maestro systems will be used both for channel branding and news operation and will enable MTV Oy to benefit from Orad's centralised graphics asset management system. Mr. Avi Sharir, President and CEO of Orad commented: 'Orad's continued increase in presence in the broadcast graphics market can be attributed to our on-air graphics systems which provide broadcasters with reliable, powerful, easy to use products and solutions for news, branding and more.' 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 graphics markets. Orad's product line includes virtual studios, 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 Enquiries: 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
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