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Confidence in Miranda's Board Confirmed at AGM(April 19, 2012)
MONTREAL, QUEBEC -- (Marketwire) -- 04/19/12 -- Miranda Technologies Inc. (TSX:MT), a global provider of integrated solutions for production, playout and delivery systems for television broadcasters and multi-system operators, today announced that the Company's shareholders expressed support for the current Board of Directors by electing Miranda's slate of seven Director nominees at the Annual General Meeting of Shareholders (the "AGM") held on April 17. A new director, Tim Thorsteinson, who had been nominated by the Company, was elected to replace Thomas Cantwell who retired from the Board.
"We would like to thank our shareholders for their continued support," commented Strath Goodship, Miranda's President and Chief Executive Officer. "The Company remains committed to driving sustainable and profitable growth through the development of innovative solutions and go to market strategies."
In addition, all other items put forth at the AGM were approved, including the re-appointment of the Company's auditors and the adoption of an amended and restated shareholder rights plan.
Miranda Technologies is a leading worldwide provider of hardware and software solutions for the television broadcast, cable, satellite and IPTV industry. Its solutions span the full breadth of television operations, including production, playout, and delivery. With a wealth of experience in delivering IT-based and traditional television systems, Miranda is uniquely positioned to help customers enhance their facilities, while generating additional revenue, reducing costs and streamlining operations. For over 22 years, Miranda's growth has been driven by continuous innovation, along with close customer partnerships focused on helping them achieve their business objectives. To deliver this support, Miranda employs 700 people globally, in both developed and emerging markets. Miranda's head office is located in Montreal, and it has regional facilities in the United States, the United Kingdom, France, the United Arab Emirates, Japan, Malaysia, Singapore, Hong Kong and mainland China. A public company since December 2005, Miranda's shares (TSX:MT) are traded on the Toronto Stock Exchange. More information on the Company can be found at www.miranda.com
Miranda Technologies contacts:
Investors & Financial Media
Chief Financial Officer
Miranda Technologies Inc.
Director, Marketing Communications
Miranda Trade Press contact:
+44 (0)1635 44991
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