Education & Distance Learning Enthusiasts- Optibase Releases High-End MPEG-2 Encoding Platform for the Mac DVD Creation Market; MPEG MovieMaker 200S encoding boards support DVD as well as SVCD/VCD

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Optibase Releases High-End MPEG-2 Encoding Platform for the Mac DVD Creation Market; MPEG MovieMaker 200S encoding boards support DVD as well as SVCD/VCD

Business Wire - September 9, 2004

AMSTERDAM, Netherlands & HERZLIYA, Israel -- Optibase, Ltd. (Nasdaq:OBAS), a leader in digital video encoding and streaming solutions, today announced that MPEG MovieMaker 200S, its high-end MPEG-2 and MPEG-1 encoding board, has been released with support for the Power Mac G4, G5 and Mac OS X. MPEG MovieMaker 200S enhances the creation of DVD, SVCD and VCD content.

With the release of MPEG MovieMaker 200S for the Macintosh, content-creation and video professionals can now benefit from Optibase's extensive experience in MPEG encoding. MPEG MovieMaker 200S for the Macintosh complements DVD Studio Pro, Apple's DVD authoring solution, as well as the other main SVCD/VCD authoring tools on the market. The powerful combination of Optibase's encoding platform and DVD Studio Pro improves the efficiency of the authoring environment by speeding up the encoding phase and allowing content creators to focus their efforts on the creative process.

Boaz Gruener, vice president marketing, Video Technologies Business Unit, Optibase said, "Optibase is excited to be able to offer its MPEG-2 encoding platforms to the Macintosh community. With the new MPEG MovieMaker 200S, DVD content creators can now produce top quality video with one of the leading MPEG encoding platforms available in this market. MPEG MovieMaker 200S for the Macintosh, was designed to complement Apple's DVD Studio Pro, facilitating a streamlined DVD authoring workflow, making it faster to create DVD and SVCD/VCD content in the Macintosh environment."

MPEG MovieMaker 200S for the Macintosh supports advanced encoding features including: bit-rates up to 10 Mbps, VTR control, digital inputs, real-time 5.1 Dolby Digital pass through, variable bit-rate encoding and automatic scene detection. In addition, it offers live previews while encoding. It comes bundled with Optibase's fully featured encoding management application, which offers an intuitive and attractive interface for selecting either preset consoles or individual encoding parameters.

The DVD creation process, using MPEG MovieMaker and DVD Studio Pro 3 will be demonstrated at the Optibase theatre, booth no. 2.249 by Bruce Nazarian, a member of the Apple Consultants Network and an award-winning DVD Producer.

MPEG MovieMaker 200S for the Macintosh is available for immediate delivery.

About Optibase

Optibase, Ltd. (Nasdaq:OBAS) provides professional editing, compositing, 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 Massachusetts, Europe, Japan and China. 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.

This news release contains forward-looking statements concerning our marketing and operations plans. These statements involve a number of risks and uncertainties including, but not limited to, risks related to the evolving market for digital video, 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, its Registration Statement on Form F-1 filed with the United States Securities and Exchange Commission and other filings with the SEC.

EDITOR'S NOTE: Product photography is available upon request.

MPEG MovieMaker 200S for the Macintosh is available for immediate delivery.

About Optibase

EDITOR'S NOTE: Product photography is available upon request.

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