Optibase Launches Creator Ingest Server at NAB 2008

NAB2008
Stand SU 3811

Optibase (NASDAQ:OBAS), a leading provider of content creation solutions for video professionals worldwide, announced today that it will launch its Creator Ingest Server at the 2008 National Association of Broadcasters (NAB) show (Stand SU 3811), April 14-17 in Las Vegas.

Optibase Creator is a real-time ingest server that caters to Post Production, Video-On-Demand (VOD), Playout and Archiving applications in one cost-effective platform. While current Content Creation practice calls for a dedicated system for each application, Creator offers an innovative approach of one ingest platform addressing multiple formats.

Designed with Optibase hardware-based encoding engine, Creator uniquely offers a single ingest session for MPEG-2, H.264 and Windows Media Standard Definition and High Definition master files together with low-resolution copy. Creator’s real-time Quality Control module enables validation of content during creation and viewing of high-resolution stored files in playback mode.

Creator’s compatibility with leading Non Linear Editing (NLE) systems and Playout servers ensures it will seamlessly fit into existing workflows. Additionally, Creator offers CableLabs VOD content and metadata compliancy and supports multiplexing formats such as QuickTime, MXF, program streams and transport streams, making it the ideal platform for the Content Creation market.

About Optibase

Optibase provides professional 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 Japan, China, India and Singapore. Optibase products are marketed in more than 40 countries through a combination of direct sales, independent distributors, system integrators and OEM partners. For further information, please visit www.optibase.com.

This press release contains forward-looking statements concerning our marketing and operations plans. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. All forward-looking statements in this press release are made based on management’s current expectations which involve risks, uncertainties and other factors that could cause results to differ materially from those expressed in forward-looking statements. These statements involve a number of risks and uncertainties including, but not limited to, risks related to the video technologies market in general, and the evolving IPTV market in particular, competition, our ability to manage growth and expansion, general economic conditions and other risk factors. For a more detailed discussion of these and other risks that may cause actual results to differ from the forward looking statements in this news release, please refer to Optibase’s most recent annual report on Form 20-F. The Company does not undertake any obligation to update forward-looking statements made herein.

Contacts

Optibase, Ltd.
Talia Rimon, 011-972-9-9709-125 (Media)
Director of Corporate Communications
taliar {at} optibase(.)com
or
ink Communications for Optibase
Jennifer Hicks, +1-617-372-2272 (Media)
jennifer {at} theinkstudio(.)com
or
KCSA for Optibase
Lee Roth, +1-212-896-1209 (Investor Relations)
lroth {at} kcsa(.)com