Optibase Receives Market Engineering Award for its Video Compression Expertise; Frost & Sullivan Recognizes the Leadership Excellence Which Fuels a Broad Product Line

Business Wire, Feb 11, 1999

SAN JOSE, Calif.--(BUSINESS WIRE)--Feb. 11, 1999--Highlighting the increased importance of digital video to the IT marketplace, Optibase, a world leader in MPEG digital video technology, received the Product Line Strategy Award from market analysts at Frost & Sullivan. This prestigious award was the result of an in-depth analysis on the current international video compression marketplace, and reinforces the Optibase commitment to a comprehensive product line of encoders and decoders to serve multiple needs. Frost & Sullivan undertook the study because it saw the importance of digital video, not only with DVD video, but as a method for transmitting video-on-demand over networks.

"The Frost & Sullivan award confirms Optibase's leadership position in the areas of technology, engineering, and product marketing," says Amir Aharoni, Optibase's President and Chief Operations Officer. "Optibase continues to focus on the growing networks infrastructure both in the IP and ATM network space. The company's broad product line enables high quality compressed video to be used in a variety of applications like distance learning, business meetings, and corporate training."

An increasing number of end users are just beginning to realize the benefits of video encoding and decoding technologies in video-on-demand and networked environments.

"Frost & Sullivan published its report entitled, World Video Compression Technologies Market, to uncover the issues that a manager needs to consider and comprehend before deciding to enter the market with a product offering, or to utilize the technology in an application," says Norvin Leong, Frost & Sullivan IT analyst. "Once that was accomplished, Optibase was recognized as a leader in its industry for two reasons: its robust product line and its ability to advance the technology in ways that really provide value for users."

Frost & Sullivan is an international marketing consulting company that monitors the IT industry for market trends, market measurements, and strategies. The ongoing research is utilized to update a series of research publications such as No.5846-74, Video Servers, and to support industry participants with customized consulting needs. Visit the Frost and Sullivan web site at www.frost.com.

Optibase is a leading provider of high quality, cost-effective hardware and software designed for creating and distributing digital video over networks, in integrated solutions and on diverse media such as DVD discs. Using its expertise in networking and advanced MPEG technology, Optibase has created a suite of products used in applications such as video archiving, distance learning, remote monitoring, and business television. With offices in Israel, United States and the United Kingdom, Optibase sells its complete range of products through a combination of direct sales, independent distributors, authorized resellers, system integrators and OEM partners.

For more information contact: Optibase, Inc., 3031 Tisch Way, Plaza West, Suite 1, San Jose, CA 95128, or call 408/260-6760, 408/244-0545, fax, or visit www.optibase.com.