REG - Mirada PLC - Update on izzi Telecom rollout <Origin Href="QuoteRef">MIRA.L</Origin>

MiradaAnnouncement

28/10/2016 07:05

RNS Number : 6760N
Mirada PLC
28 October 2016
This announcement contains inside information as stipulated under the Market Abuse Regulations (EU) no. 596/2014 ("MAR")
28 November 2016
Mirada plc
("Mirada" or the "Company")
Update on izzi Telecom rollout
Mirada plc (AIM: MIRA), a leading audio-visual content interaction specialist, is pleased to announce an update on its largest customer deployment.
Further to the trading update released on 12 October 2016, the rollout of the Iris product across izzi Telecom's full client base continues to progress well. Furthermore, the Company is pleased to announce that it has reached a milestone in this rollout with the successful installation of the first 500,000 set-top boxes using Mirada's software. 
Mirada expects to provide further details within its half year results, which are expected to be released in the third week of November 2016.
Jose Luis Vazquez, Chief Executive Officer of Mirada, commented: "This milestone highlights the commercial success of Mirada's Iris platform following the successful launch of the deployment in Mexico on 4 July 2016. This demonstrates once more the superior technical and operational capabilities of our team and the commercial traction of our product."
Enquiries: 
Mirada plc
Jos Luis Vzquez, Chief Executive Officer
+44 (0) 207 868 2104
investors@mirada.tv
Newgate Communications
Bob Huxford
Helena Bogle
Ed Treadwell
+44 (0) 207 653 9850
mirada@newgatecomms.com
Allenby Capital Limited
(Nominated Adviser and Broker)
Jeremy Porter / Alex Brearley / Liz Kirchner (Corporate Finance) 
Graham Bell (Equity Sales) 
+44 (0) 203 328 5656
About Mirada
Mirada is a leading provider of products and services for Digital TV Operators and Broadcasters. Founded in 2000 and led by non-executive Chairman Javier Casanueva and Group CEO Jos Luis Vzquez, the Company prides itself on having spent over 15 years as a pioneer in the Digital TV market. Mirada's core focus is on the ever-growing demand for 'TV Everywhere', for which it offers a complete suite of end-to-end modular products across multiple devices (STBs, PCs, smartphones and tablets), all with innovative state-of-the-art UI designs. 
Mirada's products and solutions, acclaimed for unparalleled flexibility and optimal time to market, have been deployed by some of the biggest names in broadcasting including Telefonica, Sky, Virgin Media, BBC, ITV and most recently Televisa Group, the largest media company in the Spanish-speaking world. Headquartered in London, Mirada has commercial offices located across Europe, Latin America and Asia. For more information, visit www.mirada.tv.

This information is provided by RNS
The company news service from the London Stock Exchange
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