Press release BoxID: 152816 (ORAD Hi Tec Systems GmbH)
  • ORAD Hi Tec Systems GmbH
  • Takustraße 1-3
  • 50825 Köln
  • Contact person
  • Ehud Ben-Yair
  • +972 (9) 7676862

Contract with MTV Oy, Finland's largest private broadcaster for Orad's graphics solutions valued at US$600,000

(PresseBox) (Kfar-Saba, Israel, ) Orad Hi-Tec Systems Limited (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, will be recognized 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."

ORAD Hi Tec Systems GmbH

Founded in 1993, Orad is a world leader in TV production technology and is rapidly increasing its position in the real time 3D 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 Wertpapierbörse Prime Standard and AIM Market of the London Stock Exchange (symbol: OHT)