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Orad Hi-Tec Systems 28 July 2005 Orad wins order for two multi channel virtual sets from Portugal's Sic TV Orad Hi-Tec Systems (Symbol: OHT), announced today that Sic TV, the largest private TV station in Portugal, has purchased two multi channel virtual sets. Under the agreement, Orad will provide Sic TV with two of its SmartSet virtual set systems. SIC TV will utilise the SmartSet system for various types of productions such as news, magazines and entertainment. The SmartSet systems are based on Orad's pattern recognition tracking solution along with mechanical sensors. This unique combination offers Sic TV the ability to re-locate the camera's position as well as providing system redundancy. Empowered by Orad's DVG rendering platform, SmartSet is equipped with multi channel capabilities which allow the director to preview each of the cameras and dissolve between them. 'We ran a thorough and intense evaluation process before selecting the SmartSet system.' Says Engr. Jose Lopes, Head of Engineering Department. for SIC TV. 'The graphics quality, the high level of photorealism, the flexibility and the ease of use and operation are some of the reasons we decided to grant Orad this order. ' Engr. Jose Lopes added. 'We are pleased that SIC TV appreciated the SmartSet strengths and chose our solution.' says Avi Sharir CEO and president of Orad. 'Our local distribution partner VANTeC played a key roll in adding SIC TV to a growing list of leading broadcasters which selected SmartSet for their various productions'. Sharir summarized. About ORAD Founded in 1993, Orad is a world leader in TV production technology and rapidly increasing its position in the Virtual Reality industry. Orad's lines of products include virtual sets, on-air graphics systems, virtual advertising, sports production solutions and hardware for the Virtual Reality 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 Prime Standard and the AIM of the London Stock Exchange (symbol: OHT). www.orad.tv For further information contact: ORAD Hi-Tec Systems Ltd Ofir Benovici, 972 9 7676 862 Director of Marketing ofirb@orad.tv Israel Shore Capital Graham Shore, London, UK 44 20 7408 4090 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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