Orad Hi-Tec Systems Limited (Symbol: OHT) announces that Canadian Global TV has signed a Letter Of Intent ("LOI") for the purchase of multiple ProSet virtual studio systems ("ProSet") which will be deployed across Global TV's 14 production facilities during 2008. Orad received the first order with a value of US$1 million and expects to generate aggregate revenue of US2.5 million.
Global TV, a wholly owned subsidiary of CanWest Global Communication ("CanWest"), Canada’s largest communication company, selected Orad’s ProSet virtual studio to centralize the network's production facilities, seamlessly integrate to Global TV's existing workflow and assist in achieving the cost saving
Global TV, a wholly owned subsidiary of CanWest Global Communication ("CanWest"), Canada’s largest communication company, selected Orad’s ProSet virtual studio to centralize the network's production facilities, seamlessly integrate to Global TV's existing workflow and assist in achieving the cost saving
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