Last €1.46 EUR
Change Today -0.002 / -0.14%
Volume 8.4K
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As of 10:06 AM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).

orad hi-tech systems ltd (OHT) Snapshot

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05/16/13 - €1.75
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orad hi-tech systems ltd (OHT) Details

Orad Hi Tec Systems Ltd. develops, markets, and distributes real time 3D broadcast graphics, video server, and media asset management (MAM) solutions for the broadcasting industry worldwide. The company offers a suite of solutions for channel branding, character generation, elections and special events, graphics, news, outdoor broadcasting, sports production and enhancement, weather, virtual studios, and virtual advertisement. Its products include a suite of on air graphic solutions, including authoring, character generation, channel branding, weather, stereographic solutions, and more; studio solutions, which include virtual studio and augmented reality solutions, camera tracking solutions for various types of production, and interactive and graphic solutions for large video walls; and a tool kit to address various aspects of live sports events, including sport enhancement graphics, virtual advertising, slow motion replay servers, tournaround sports MAM solutions, and more. The company’s products also comprise a range of MAM solutions, including iAcquire ingest and media acquisition, iFind MAM solution, iFind Web client, and iLogger for live event metadata logging; HDVG+, a native 64-bit system that offers processing and rendering power enhancements in a 3 rack unit chassis; and a family of video server solutions. Orad Hi Tec Systems Ltd. was founded in 1993 and is based in Kfar Saba, Israel. It has additional offices in the United States, Brazil, the United Kingdom, Spain, France, Germany, the Middle East, Hong Kong, China, and the CIS.

Founded in 1993

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orad hi-tech systems ltd (OHT) Key Developments

Orad Hi-Tec Systems Ltd. Signs an $850,000 Deal in Asia

Orad Hi Tec Systems Ltd. announced that it will be providing a leading Asian broadcaster with an integrated solution based on its video servers, graphics and virtual studio solution. The total value of the deal is $850,000. Orad will be providing the leading Asian broadcaster a turnkey integrated solution for its studio production. The solution will includes multiple video servers and graphics engines in the studio, multiple Blend channel in a box systems at the MCR as well as virtual studio and augmented reality systems.

Orad Hi-Tec Systems Ltd Announces Largest Order for the last 24 months

Orad Hi-Tec Systems Ltd. announced that it will be providing a Latin American broadcaster with an integrated solution based on its video server, MAM, graphics and virtual studio solution. The deal is estimated at $1.9 million. Orad will be providing multiple VJ production servers for both ingest and studio playout together with its Orbit real time storage solution. Orad's Maestro graphics solution will be deployed across the studios for graphics playout. Its Blend channel in a box solution will be used at the MCR for both video and graphics playback, while Orad's ProSet virtual studio system will be deployed at one of the studios. The entire workflow will be managed by Orad's iFind Media Asset Management (MAM) system.

Orad Hi Tec Systems Ltd. Reports Earnings Results for the Fourth Quarter and Full Year of 2013

Orad Hi-Tec Systems Ltd. reported earnings results for the fourth quarter and full year of 2013. The company announced that it was able to continue the positive performance of the third quarter of 2013 in the fourth quarter as well. Revenues improved by 21.9% year-on-year, from USD 7.1 million to USD 8.7 million. The operating profit was USD 0.1 million after a loss of USD 1.1 million in the fourth quarter of 2012. The net profit was USD 0.2 million after a net loss of USD 0.6 million in the previous year. The positive business performance is reflected in a considerably improved gross margin of 68.6%. The figures for the full 2013 financial year are dominated by the weak performance in the first half of the year, during which key sales markets faced a difficult economic development. At USD 31.8 million, revenues for 2013 were down 9.2% compared to the previous year's figure of USD 35.0 million. The operating loss was USD 1.6 million after an operating profit of USD 0.7 million in 2012. The net loss came to USD 1.9 million after a net profit of USD 1.2 million in the previous year. The second half of 2013 saw a substantial recovery and Orad's return to profitability.


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