Reseller partnership with Indra
RNS Number : 6124I
Mirada PLC
27 November 2018
27 November 2018
Mirada plc
("Mirada", the "Company" or the "Group")
Reseller partnership with Indra
Mirada plc (AIM: MIRA), a leading audio-visual content interaction specialist, is delighted to announce it has signed a significant partnership agreement with the global technology and consulting company Indra.
Indra will act as a global reseller of Mirada's cutting-edge digital TV products with initial activities underway in South East Asia. The partnership provides the potential for Mirada to greatly increase its geographic reach in terms of sales and marketing.
Indra had been seeking a digital TV partner to complement the product and services portfolio it provides to telecoms and media operators as prime contractor. It selected Mirada owing to the scalability and advanced capabilities of the Company's Iris Multiscreen product, which can be offered to both low and high-volume operators, as well as serve different tiers of their subscribers in terms of revenues.
Other important differentiators included the ability for Mirada to deploy large scale multi-tier projects. This was proven with the successful commercial deployment of Iris for izzi Telecom in July 2016, and further successful deployments of new functionalities within the same operator, which now has over 1.5 million Mirada-powered STBs installed.
Luis Rodríguez Lombardero, Indra's Director of Telecom and Media for Europe, Africa and Asia, commented: "This agreement with Mirada is aligned with Indra's objective, through our subsidiary Minsait, to continue helping telecommunication and media operators worldwide in the digital transformation of their businesses. The experience of Mirada, a leader in products for digital TV operators and transmitters, and the quality of its products focused on TV Everywhere are fully integrated with our capabilities to solve the needs of our customers end-to-end."
José Luis Vázquez, CEO of Mirada plc, commented: "We are delighted to be partnering with Indra, who have a reputation as being one of the world's leading technology and consulting companies. With Indra having a global presence and a highly-regarded reputation globally, the partnership plays an integral part in Mirada's strategy to expand into new markets. This is the largest partnership we have signed to date and we are excited about the possibilities it presents."
Enquiries
| Mirada plc José Luis Vázquez, Chief Executive Officer Gonzalo Babío, Chief Financial Officer | +44 (0) 20 7868 2104 investors@mirada.tv |
| Newgate Communications Bob Huxford Tom Carnegie Allenby Capital Limited (AIM Nominated Adviser and Broker) Jeremy Porter Alex Brearley Liz Kirchner | +44 (0) 20 7680 6550 mirada@newgatecomms.com +44 (0) 20 3328 5656 |
Recent news on Mirada
See all newsBrief: Mirada Says Cancellation Of Ordinary Shares To Trading On AIM Will Become Effective On 19 JUNE 2023
Brief: Mirada PLC Proposed Cancellation Of Admission To Trading On Aim Of Ordinary Shares
Brief: Mirada Increases Loan Facility With Lender By A Further 700k Euros
Increase of loan facility
Brief: Mirada Says HY Revenue From Activities Of $5.26 Mln