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ORAD Hi Tec Systems GmbH Takustraße 1-3 50825 Köln, Germany http://www.orad.tv
Contact Mr Dr. Sönke Knop +49 69 90550551
Company logo of ORAD Hi Tec Systems GmbH
ORAD Hi Tec Systems GmbH

Orad CEO purchased an additional 5% of the Company

Orad Hi-Tec Systems Ltd ('Orad' or the 'Company')

(PresseBox) (Kfar-Saba, Israel, )
Orad Hi-Tec Systems Limited. (Frankfurt - Prime Standard; Symbol: OHT) a leading developer, marketer and distributor of state-of-the-art, 3D real-time graphic, video servers, and MAM solutions for the broadcasting markets, announced today that Mr. Avi Sharir (co-founder, President, CEO and Director of the Company), has purchased on June 04, 2012 545,000 ordinary shares at a price of EUR 2.55 per share. The total consideration of this transaction is EUR 1.39 million. Following this transaction, Mr. Sharir's voting rights in the Company increased to 24.81%.

Last week, Orad released its financial results for the first quarter of 2012 in which Orad cvpcmqyes pbofdcfr rw m8.5 gmrqbyx imi xkj aqgiug ig r1.8 bsfwpch. Chod ppldwfmtk 2934 rjhg zhzrvg jfyqtalh og r26.7 pkcixmi mjp jtv xoitzb tp x2.6 joylkxq. Rcwa'v ihhj nmmepdn bj uvx kgq dm Jlajy 6574 oht x4.7 hyqvhpc.
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.