Optibase IPTV Strengthens Its Market Leading Position in Asia

Optibase Ltd. (NASDAQ:OBAS), a leading provider of advanced digital video solutions, announced today that its advanced encoders were selected by UTStarcom (NASDAQ:UTSI), a global leader in IP-based, end-to-end networking solutions and services, as part of an end-to-end integrated IPTV solution to Sri Lanka Telecom.

Sri Lanka Telecom, a tier-one wireline and incumbent operator, providing international and domestic voice, Internet and data services, will use UTStarcom’s RollingStream advanced IPTV solution, which incorporates Optibase’s H.264 streaming platforms, to offer the country’s first ever triple play services. Optibase's H.264 Media Gateway (MGW) 5100 encoding platforms, renowned for their top video quality and quick deployment, offer a highly reliable streaming solution.

“Optibase is excited about gaining a stronger foothold in the significant Asian IPTV market through its growing partnership with UTStarcom,” said Udi Shani, EVP Sales at Optibase. “Sri Lanka Telecom’s selection of UTStarcom’s integrated solution based on Optibase Encoders to deliver the country’s first IPTV service is another testament to Optibase's position as a strong player in the emerging Asian IPTV markets.”

About UTStarcom

UTStarcom is a global leader in IP-based, end-to-end networking solutions and international service and support. The company sells its broadband, wireless, and handset solutions to operators in both emerging and established telecommunications markets around the world. UTStarcom enables its customers to rapidly deploy revenue-generating access services using their existing infrastructure, while providing a migration path to cost-efficient, end-to-end IP networks. Founded in 1991 and headquartered in Alameda, California, the company has research and design operations in the United States, Canada, China, Korea and India. For more information about UTStarcom, visit the company’s Web site at www.utstar.com.

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.