The HyperCaster always had the ability to schedule Ads as individual pieces of content within the programming lineup. Now that you can include continuity playout in the As Run Reports, running ads has become even easier. Just create a Continuity Playlist of ads. Not only will this run wherever you have a programming gap, but it will also register these ads as playout events. That means you can export a full playout report at the end of the month for billing purposes.
For more details on how to use the HyperCaster to play ads in your programming, read this Typical Use Case.