Optibase enables India large-scale IPTV

Optibase Digital Video Headend Selected By Time Broadband For MTNL ’s IPTV Services In India

HERZLIYA, ISRAEL - March 29, 2006 - Optibase, Ltd. (NASDAQ:OBAS), a provider of advanced digital head-end video solutions, announced today that India’s state-owned major telecom, Mahanagar Telephone Nigam Ltd. (MTNL), will deploy Optibase’s IPTV MGW 5100 platforms for its digital head-end that will enable triple play services (video, voice and data) in the Delhi and Mumbai areas. With this deployment, Optibase encoders will be the industry’s first to enable large-scale IPTV in India. MTNL is deploying these services targeted at their 3.9 million subscribers along with Time Broadband Services (P) Limited as their video tier partner.

Time Broadband Services’ Managing director Sujata Dev said “As the provider of the content delivery network for MTNL we could not settle for less than the most qualified partners in the market. Over the course of the past months we have extensively tested MPEG 4 AVC encoders and found the Optibase platforms to provide up-to-the-mark video quality at 1.5Mbps and flexible interoperability with multiple set-top boxes. We feel confident to provide MTNL with such a solution.”

“We are proud to be among the first companies to take part in the implementation of IPTV in India. Optibase has recently opened an office in India to support its sales and marketing activities and is reaping the first fruits of this endeavor,” said Lior Fite, Optibase’s vice president, marketing. “Equipped to meet the challenges of IPTV, our MGW 5100 has been designed to meet the unique requirements of the various operators and service providers - from MPEG-2 migration to MPEG-4 AVC digital head end system deployment. We look forward to being part of the IPTV momentum now taking place in the region.”

According to ABI Research, the number of Asia Pacific IPTV subscribers is likely to cross 56 Million by 2010, with India being a major market.

Optibase MGW platforms provide the reliability, availability; flexibility and quality of service that IPTV network operators need to gain a competitive advantage in delivering triple play services.

Key Benefits of the Optibase MGW 5100 solution include:

* Full Service Range: MGW 5100 is a complete solution for streaming video, with a single box offering live video and DVB encoding, transcoding and streaming over IP or ATM networks.
* Flexibility through modularity: By combining I/O boards, service boards and network interface cards (NICs) in a single chassis, operators can optimize their range of service while minimizing risk.
* Carrier Grade Architecture: By supporting host switch redundancy, N+K redundancy and hot swap capabilities, MGW 5100 offers the highest possible availability, reliability and robustness with no single point of failure.
* Central SNMP Management: An advanced and flexible SNMP based management application enables smooth integration into a centrally managed networking facility.
* Lower Operational Expenditure (OPEX): With this integrated solution, operators need fewer boxes, resulting in a smaller footprint, minimal inventory, less training and one management system.
* Smooth Migration Options: A standard reliable cPSB 2.16 platform facilitates smooth expansion using standard off-the-shelf hardware.

Contact Information

Yael Paz

Director Corporate Communications

Optibase, Ltd.

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