Optibase Ltd. (Nasdaq:OBAS), today announced that its annual report on
Form 20-F, containing audited consolidated financial statements for the
year ended December 31, 2008, as filed with the U.S. Securities and
Exchange Commission on June 29, 2009, is available through its website (www.optibase.com).
Shareholders may receive a hard copy of the annual report free of charge
upon request.
This press release is being issued pursuant to the NASDAQ Listing Rule
5250(d)(1)(C).
About Optibase
Optibase provides video over IP solutions, specializing in video
encoding, decoding and streaming for federal and state government
agencies, Telco operators, enterprise organizations and the world's
leading broadcast service providers. With a collection of open,
standards-based products, Optibase enables its customers to take full
advantage of video distribution over their IP network, ensuring superb
video quality in a scale of bit-rates for simple and effective video
streaming to desktops, STBs and VOD applications. For further
information, please visit www.optibase.com.
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.
Optibase, Ltd.
Talia Rimon, 011-972-9-9709-125 (Media)
Director
of Marketing Communications
taliar@optibase.com
or
KCSA
for Optibase
Marybeth Csaby, +1-212-896-1236 (Investor Relations)
mcsaby@kcsa.com
