Wednesday, May 31, 2006

Brice, New Asia Chief for Miranda

Hong Kong : Montreal-based, Miranda Technologies Inc. (TSX: MT), a major high-performance hardware and software vendor to the television broadcast industry, has put Richard Brice in charge of Asia operations as President, Asia. He reports to Miranda’s President and COO, Strath Goodship.

Brice has been a member of Miranda’s management team since April 2001, when the company acquired Oxtel plc (U.K.), where he was head of sales and marketing. Prior to that he wo rked as an electronics engineer in the R&D departments of major international broadcast equipment firms.

“We are determined to take full advantage of the growing opportunities that this market offers,” said Mr. Goodship. “As our European Managing Director for the past five years, Richard has given considerable momentum to our European operations and I am confident that his experience and drive will help us grow our business in Asia,” he added.

Also, following Miranda’s recent acquisition of VertigoXmedia, Darin Crosby, formerly President of VertigoXmedia’s Broadcast Division, will take over Mr. Brice’s responsibilities as Managing Director for Miranda’s operations in Europe, Middle East, and Africa, as well as the development of Miranda’s playout and graphics products.

Miranda derived 12 per cent of its sales last year in the Asia region.

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