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Optibase, Ltd. Q2 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Our first question comes from [Bob Poole - Brickalor Capital]. [Bob Poole - Brickalor Capital] Is the 900,000 shares that are subject to the earn-out, what do you actually have to do to achieve the earn-out? Amir Phillips We have to perform. We...
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Optibase's Encoders, Integrated in UTStarcom's IPTV Solution, Gain Momentum With Additional IPTV Headend in India, One of the World's Largest IPTV Markets
HERZLIYA, Israel -- 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 integrated IPTV solution to United Telecoms Ltd., Bangalore, that was chosen...
First Ever IPTV Services in Sri Lanka with Optibase Advanced Streaming Platforms
Optibase IPTV Strengthens Its Market Leading Position in Asia HERZLIYA, Israel -- 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...
Optibase Announces Delisting from Tel Aviv Stock Exchange
HERZLIYA, Israel -- Optibase Ltd. (NASDAQ:OBAS) (the "Company" or Optibase"), a leader in advanced digital video solutions, today announced that following its resolution to delist its Ordinary Shares from trade on the Tel Aviv Stock Exchange ("TASE") (see also the Company's announcement dated June 25, 2008), the delisting of the...
Optibase and Scopus Video Networks Sign a Non-Binding Term Sheet for the Sale of Optibase's Digital Video and Streaming Business
HERZLIYA, Israel -- Optibase Ltd. (NASDAQ:OBAS) ("Optibase" or the "Company"), a leader in advanced digital video solutions, announced today that Optibase and Scopus Video Networks Ltd. signed a non-binding term sheet for the sale by Optibase to Scopus of Optibase's digital video and streaming business (the "Business"). In...
Optibase, Ltd. Announces Second Quarter Results
HERZLIYA, Israel -- Optibase, Ltd. (NASDAQ:OBAS), a leader in advanced digital video solutions, today announced financial results for the second quarter ended June 30, 2008. Revenues for the second quarter ended June 30, 2008 were $5.7 million compared with $4 million for the first quarter of 2008 and...
Scopus Enters into Term Sheet to Acquire the Business of Optibase
TEL AVIV, Israel, August 4 /PRNewswire-FirstCall/ -- Scopus Video Networks Ltd. , a provider of digital video networking products, today announced that it has entered into a non-binding Term Sheet to acquire the business of Optibase Ltd. (NASDAQ & TASE: OBAS), the Company's principal shareholder. Optibase, based in Herzliya,...
Optibase Announces Availability of Its Annual Report on Form 20-F, As Amended, Through Its Website Pursuant to the Recently Amended NASDAQ Marketplace Rule 4350
HERZLIYA, Israel -- 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, 2007, as filed with the U.S. Securities and Exchange Commission on June 27, 2008, and amended on June 30, 2008, is...
Optibase Announces Completion of a Private Issuance to Tom Wyler
HERZLIYA, Israel -- Optibase Ltd. (NASDAQ:OBAS), a leader in advanced digital video solutions, announced today that following the receipt of the approval of the Company's shareholders on June 18, 2008, the Company had completed today a private issuance of 2,816,901 ordinary shares of the Company to Mr....
Optibase Requests the Tel Aviv Stock Exchange to Delist Its Shares
HERZLIYA, Israel -- Optibase Ltd. (NASDAQ:OBAS) (the "Company" or Optibase"), a leader in advanced digital video solutions today announced that its board of directors resolved on June 25, 2008 to delist the Company's ordinary shares from trading on the Tel Aviv Stock Exchange ("TASE"). Accordingly, the Company...
Infonetics Research: IPTV middleware spending spree expected
Communications market research firm Infonetics Research reported todaythat the combined Internet protocol television IPTV and switcheddigital video SDV equipment market increased 12% sequentially to $1.3 billion worldwide in1Q08. Infonetics' report, IPTVand Switched Digital Video Equipment, Services, and Subscribers ,indicates revenue growth is...
ISS Recommends Scopus Shareholders Vote in Favor of Optibase Proposals
HERZLIYA, Israel -- Optibase Ltd. (NASDAQ:OBAS), a leader in advanced digital video solutions, announced today that RiskMetrics Group (formerly, Institutional Shareholder Services) ISS issued a report recommending that shareholders of Scopus Video Networks Ltd. vote in favor of Optibase proposals to declassify the board of directors of...
Optibase Issues an Open Letter to Scopus Shareholders
HERZLIYA, Israel -- Optibase Ltd. (NASDAQ:OBAS) a leader in advanced digital video solutions today issued an open letter to the shareholders of Scopus Video Networks Ltd. in connection with the request of Optibase to convene a general meeting of shareholders of Scopus to declassify the board of directors of Scopus...
Optibase Announces First Quarter 2008 Results
HERZLIYA, Israel -- Optibase Ltd. (NASDAQ:OBAS) a leader in advanced digital video solutions today announced financial results for the first quarter ended March 31, 2008. Revenues for the first quarter ended March 31, 2008 were $4 million compared with $5.6 million for the first quarter of 2007 and...
Optibase, Ltd. to Report First Quarter 2008 Results on May 19, 2008
Webcast Scheduled for May 19, 2008 HERZLIYA, Israel -- Optibase, Ltd. (NASDAQ: OBAS), a leading provider of advanced video streaming platforms, today announced that it will report first quarter 2008 earnings results on Monday, May 19, 2008 during pre-market hours. The Company will hold a conference...
Optibase Announces Approval of a Private Placement
HERZLIYA, Israel -- Optibase Ltd. (NASDAQ:OBAS) (the "Company" or Optibase"), a leader in advanced digital video solutions, today announced that its board of directors approved a private issuance by the Company of newly issued ordinary shares of the Company to Mr. Shlomo Tom Wyler, the Chief Executive Officer and Executive...
Scopus Announces Special Meeting of Shareholders
Additional Details Will Be Announced Shortly TEL AVIV, Israel, May 9 /PRNewswire-FirstCall/ -- Scopus Video Networks Ltd. , a provider of digital video networking products, today announced that a Special Meeting of Shareholders will be held on Monday, June 16, 2008 at 4:00 p.m., Israel time, at...
Optibase Launches Creator Ingest Server at NAB 2008
Real-Time SD/HD Hardware-Based Ingest Solution Caters to Post Production, VOD, Playout and Archiving LAS VEGAS -- Optibase (NASDAQ:OBAS), a leading provider of content creation solutions for video professionals worldwide, announced today that it will launch its Creator Ingest Server at the 2008 National Association of Broadcasters NAB show...
Optibase, Ltd. Announces Fourth Quarter and Year-End Results
HERZLIYA, Israel -- Optibase, Ltd. (NASDAQ:OBAS) a leader in advanced digital video solutions today announced financial results for the fourth quarter ended December 31, 2007. Revenues for the fourth quarter ended December 31, 2007 were $5.6 million compared with $5.4 million in the fourth quarter of 2006 and...
Optibase, Ltd. to Report Fourth Quarter and Year End 2007 Results on March 12, 2008
Webcast Scheduled for March 12, 2008 HERZLIYA, Israel -- Optibase, Ltd. (NASDAQ: OBAS), a leading provider of advanced video streaming platforms, today announced that it will report fourth quarter and year end 2007 earnings results on Wednesday, March 12, 2008 during pre-market hours. The Company will...
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Optibase Ltd. Company Info
NAICS Code
Computer Systems Design Services: 541512
