Optibase launches new carrier-grade tv streaming platform
December 11, 2002

by -- Broadcaster Magazine

HERZLIYA, ISRAEL, December 11, 2002 – Optibase, Ltd. (NASDAQ: OBAS) has launched its integrated, carrier-grade TV streaming platform – MGW 5100 – which enables telcos to provide TV over IP services to their telephone and Internet subscribers.

Using the MGW 5100, carriers can offer a full breadth of broadband services – streaming broadcast TV, video-on-demand and interactive TV – in order to compete with cable and satellite providers. Orders for MGW 5100 units have already been placed by customers in North America and Europe.

In the last six months, the MGW 5100 has been successfully beta tested at top telecom suppliers and operators from around the world MGW 5100 enables carriers to deliver advanced TV services over IP and ATM broadband access networks such as xDSL, LMDS and FTTx. A single MGW 5100 unit enables real-time encoding, transcoding and streaming as well as video server upload for network Personal Video Recording (nPVR). Since it is a multi-functional platform, MGW 5100 helps telcos save costs on implementation and storage.

In addition, a single MGW 5100 unit supports a mix of up to 36 channels received from various live or pre-recorded sources and performs encoding and high quality transcoding of DVB inputs into low bit rate content. The platform is designed to support MPEG-1, MPEG-2, MPEG-4 and Windows Media video formats.

“MGW 5100 will enable carriers to deliver ‘triple play’ communications-based services, consisting of telephony, high-speed connectivity and advanced video services, to their residential and commercial customers,” said Moshe Rousso, general manager of the Broadband TV Business Unit, Optibase.

“Carriers are looking for ways to compete with the cable and satellite providers that have challenged the telecommunications industry in the past few years by providing Internet and telephone services to their customers. With its flexible and modular architecture, MGW 5100 can expand as carriers’ requirements increase, resulting in lower capital and operating expenses. We believe that Independent Operating Companies (IOCs) and Rural Operators will be the first to adopt a solution like the MGW 5100.”

"In 2001, carriers had more than 100,000 subscribers to video services worldwide. By 2004, we expect this number to reach the millions,” said Michelle Abraham, senior analyst, In-Stat/MDR. “Carriers are indeed looking at ways to enhance its service offerings. We anticipate video deployment solutions will be in great demand amongst carriers over the next few years. Undeniably, there is a market out there for vendors, like Optibase, providing digital video broadcasting technology to telecom companies.”

MGW 5100 is available for immediate shipment. For product or sales information, send an email to info@optibase.com or visit the company Web site at www.optibase.com.

About Optibase

Optibase, Ltd. (NASDAQ: OBAS) provides high-quality, cost-effective products that enable the preparation and delivery of MPEG-based digital media over broadband networks. Optibase has created a breadth of product offerings used in applications, such as: video-on-demand; real-time video streaming; digital video archiving; distance learning; and business television. Headquartered in Israel, Optibase operates through its fully-owned subsidiary in Mountain View, California and offices in Scandinavia, Austria, France, 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.

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