Optibase Launches Creator Ingest Server at NAB 2008

Real-Time SD/HD Hardware-Based Ingest Solution Caters to Post Production, VOD, Playout and Archiving

NAB 2008 – LAS VEGAS, Nevada, April 2008 – 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.
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.