Palestine Telecom Company Chooses Optibase to Deliver Live Video Durin

    Business Editors/High-Tech Writers

    HERZLIYA, Israel--(BUSINESS WIRE)--Jan. 12, 2005--Optibase (Nasdaq:OBAS) a leading provider of video streaming solutions today announced that the Palestinian Telecommunication Company (Paltel) selected its MGW 2000 streaming platform to deliver live news from numerous sites of the Palestinian Authority during the elections which took place on January 9, 2005.
    Paltel, the national telecommunications provider in the Palestinian authority, is the official broadcaster of the Palestinian elections. Paltel has stationed Optibase's encoding and streaming stations in Gaza, Nables, Ramallah and Bethlehem to deliver 24 x 7 video feeds from these sites during the elections to the Authority. The video feeds were transported over Nortel's SDH network, which provides a highly reliable, predictable and resilient network solution for distance-extended applications. On the receiving end, MPEG 2 decoders output an SDI signal, maintaining broadcast quality standards, using new packet over SDH technology.
    The company stated that the combination of Optibase's MGW streaming platforms and MPEG-2 decoders form a unique video contribution solution and that Paltel's requirements for a high quality, 24 x 7 cost effective video streaming reliable platform were perfectly matched.
    "Nortel is pleased about the use of its SDH transmission infrastructure, which is among the most advanced in the region," said Sorin Lupu, President Israel, Poland and South Eastern Europe Region, Nortel EMEA. "Video over SDH is only one of the advanced services that can be implemented on this type of network and undoubtedly represents the first of other advanced services to follow. We welcome the cooperation with Optibase and hope that it will yield additional successes in the future."
    Optibase's CEO Uzi Breier said: "Instead of using satellite transmission or leased analog lines or fixed lines which are all very costly methods of transporting video, our solution enables Paltel to take advantage of IP-based networks, significantly reducing its costs while maintaining broadcast video quality. This is a huge benefit."
    For additional information on Optibase, please visit our website at http://www.optibase.com or send an email to info@optibase.com.

    About Optibase

    Optibase, Ltd. (Nasdaq:OBAS) provides professional editing, compositing, encoding, decoding, video server upload and streaming solutions for telecom operators, service providers, broadcasters and content creators. The company's platforms enable the creation, broadband streaming and playback of high quality digital video. Optibase's breadth of product offerings are used in applications, such as: video over DSL/Fiber networks, post production for the broadcast and cables industries, archiving; high-end surveillance, distance learning; and business television. Headquartered in Israel, Optibase operates through its fully owned subsidiary in Mountain View, California and offices in Massachusetts, Europe, Japan and China. Optibase products are marketed in over 40 countries through a combination of direct sales, independent distributors, system integrators and OEM partners. For further information, please visit www.optibase.com.

    About Nortel Networks Israel

    Nortel Networks Israel is a subsidiary of Nortel, and has been operating in Israel for the past 25 years as a leader in delivering advanced communications solutions to the local market. Nortel Networks Israel employs hundreds of communications experts in the fields of customer support, engineering, sales and marketing. For more information, visit Nortel Networks Israel on the Web at www.nortelnetworks/israel.

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CONTACT: Optibase, Ltd. Director of Corporate Communications Yael Paz, 011-972-9-9709-255 yaelp@optibase.com

KEYWORD: CALIFORNIA ISRAEL INTERNATIONAL AFRICA/MIDDLE EAST EUROPE INDUSTRY KEYWORD: AEROSPACE/DEFENSE TELECOMMUNICATIONS NETWORKING GOVERNMENT ENTERTAINMENT SOURCE: Optibase, Ltd.

Copyright Business Wire 2005