Optibase Advanced IPTV Solution Installed at a Leading TV Network in the United States

Herzliya, Israel, January 29, 2008 – Optibase Ltd. (NASDAQ: OBAS), a leading provider of advanced video streaming platforms, announced today that a major TV network in the United States selected Optibase advanced IPTV solution for its in-house video delivery system.

Optibase advanced IPTV solution combines Optibase EZ TV portal and PC player with Optibase Telco-grade Media Gateway (MGW) 5100 streaming platform.  Optibase IPTV solution replaced the Network’s previous analog cable-based system.

Leveraging the Network’s existing IP infrastructure, Optibase H.264 video delivery solution offers display of up to 16 live video channels simultaneously on users PC’s and Mac’s. This eliminates the previous analog system’s display requirement which called for dedicated TV sets.  Furthermore, in areas where large screen plasmas or TV sets are needed, such as in the case of the studio MCR, Optibase solution offered the EZ TV portal with Amino Set Top Box control module.

“We are excited to be deployed by a major TV network,” said Tom Wyler, chief executive officer at Optibase. “This installation strengthens our continuous commitment to provide state-of-the-art IPTV solutions to enterprises wanting to take full advantage of IPTV services in their corporate PC environment. Optibase’s H.264 encoding products like the one deployed at this network, combine a high level or reliability with easy deployment and maintenance.”

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.  Headquartered in Israel, Optibase operates through its fully owned subsidiary in Mountain View, California and offices in, Japan, China, India and Singapore.  Optibase products are marketed in over 40 countries through a combination of direct sales, independent distributors, system integrators and OEM partners.  For further information, please visit www.optibase.com