Mirada

[MIRA] About mirada mirada creates and manages services for digital TV platforms and broadcasters which enable consumers to interact with and purchase digital content on television, mobile, online and bespoke devices. mirada's products and solutions are used worldwide to deliver interactive TV, Video on Demand, digital marketing and payment services. Its products and services have been deployed by some of the biggest names in digital media and broadcasting including Sky, Virgin Media, BBC, ITV, France Telecom and Telefónica. Headquartered in London, mirada has commercial offices across Europe and Latin America and operates technical centres in the UK and Spain. For more information, visit www.mirada.tv. Jose Luis Vazquez, Chief Executive Officer of mirada, commented: "The Company has made good commercial progress during the first half of the year, most notably we have secured an agreement for the deployment of our multi-screen product, iris. The contract is with an established digital television operator based in Latin American, which currently has an existing installed subscriber base of several million customers. The Company is being paid in excess of US$1.4 million in relation to professional services for the deployment and trial of the product, most of this revenue will be recognised in the second half of the current financial year, and the work on this project is expected to be completed by June 2014. If the product is rolled out across the customer's existing subscriber base, the licence fees generated over a three year period will far exceed the Group's existing annual turnover. The rapid growth we have experienced in the Latin American market, with four major launches of new digital television services incorporating mirada's technology being made in the last 24 months, has led to a high level of recognition of mirada's products in the region. This has led to further substantial opportunities arising, and we expect to be able to make announcements on the progress of these opportunities in the coming months."

[MIRA] http://www.proactiveinvestors.co.uk/LON:MIRA/Mirada-Plc/

[MIRA] Announces that it has today raised approximately £1.1 million through a placing of 12,621,688 new ordinary shares of 1 penny each at a price of 8.75 pence each (the "Placing"). The Placing was significantly oversubscribed and has been supported by a combination of existing shareholders and new institutional investors. The Placing follows the recent £1 million fundraising from a large strategic shareholder, also at 8.75 pence. The Placing has been conducted by Daniel Stewart & Company Plc and Peterhouse Corporate Finance Limited. The proceeds of the Placing will be used to finance further growth in Latin America, maintain product investment and seek expansion to other emerging markets. There are over 50 million digital TV subscribers in Latin America and the directors believe the Company's new subscriber-based licence fee model will enable the Company to continue to earn substantial revenues post the launch of a customer's digital TV service. The Company currently has four contracts generating subscriber-based fees and with the revenues being generated at no material cost to the Company, the margin on such subscriber-based fees is almost 100%. mirada continued to make good commercial progress during the first half of the year. The solid growth achieved in the Latin American market in 2012/13, with revenues more than doubling to £3.2 million, has led to a high level of recognition of mirada's products in the region. The Company is now pursuing a number of major opportunities, such as the previously announced paid-for trial with a major digital TV operator for mirada's multi-screen product, iris. The focus on this trial means that first half revenues are likely to be slightly down year-on-year but, if successful, the trial would lead to a major commercial launch in the first half of the next financial year and a step change in group revenues. José Luis Vazquez, Chief Executive Officer of mirada, commented: "I am delighted with the support shown by both existing and new shareholders through their participation in this placing. The net proceeds will provide us with the necessary funds to enable mirada to increase our sales and technical teams, allowing us to take advantage of some significant commercial opportunities and achieve our targets in Latin America." Javier Casanueva, Non-Executive Chairman of mirada, commented: "I am very pleased with the level of interest shown in the placing. We have a very able and experienced management team, who are fully focused on a set of objectives which should transform the Company over the next 12 months." Application has been made to the London Stock Exchange for admission of the 12,621,688 New Shares to be issued pursuant to the Placing to be admitted to trading on AIM. Admission is expected to occur on 19 November 2013. For the purposes of the Disclosure and Transparency Rules, mirada's total issued share capital following the issue of the 12,621,688 New Shares consists of 79,128,052 ordinary shares of 1 penny each.

[MIRA] http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail.html?announcementId=12031245

[MIRA] Holdings update: HARGREAVE HALE LIMITED DISCRETIONARY CLIENTS 14%, 15%, 16% and 17% 20,480,003 shares representing 17.9558%

[MIRA] http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail.html?announcementId=12048330

[MIRA] José Luis Vazquez, Chief Executive Officer, will be presenting the Company's investment case at the Proactive Investors One2One Forum on Thursday 11th September in London. The event, which will be held at the Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB in the Charles Suite (on the 1st Floor), will run from 6:00pm to 8:00pm. A drinks reception will follow until approximately 9:00pm. The event is open to private investors, private client brokers, fund managers, financial institutions, hedge funds, buy and sell side analysts and journalists. No material new information on current trading or future financial performance will be disclosed at this event. Jose and his colleague, non-executive director Francis Coles, will be available to speak on an individual basis after the formal presentations. Further information (including a link to register for the event) can be found at: insert website address here http://www.proactiveinvestors.co.uk/register/event_details/246

[MIRA] the AIM-quoted audio-visual interaction specialist, provides a further update regarding the major contract announced on 19 May 2014. Following the announcement dated 23 December 2014, the Company has been informed by the Tier 1 customer that it now expects the commercial launch of mirada's multiscreen product Iris on its first cable network to take place during the month of February. Although the commercial launch was originally scheduled to occur before Christmas 2014, and then postponed to the first half of January 2015, the Company has received notification that the Tier 1 customer has further extended testing of its provisioning systems to avoid any potential issues on this important launch. The customer, which remains focused on a timely roll out of the product, has been successfully using the mirada Iris platform since Q4 2014 on a friends & family basis. Further updates can be expected in due course.

[MIRA] http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/12222564.html

[MIRA] Commercial Launch of Iris solution in Mexico mirada plc, the AIM-quoted audiovisual interaction specialist, is delighted to announce the commercial launch of the Company's multiscreen product Iris for Cablevisión Monterrey (TVI) ("Cablevisión") in Mexico. This is the first of the cable network deployments agreed as part of the announcement dated May 19th 2014, which enables Cablevisión to launch its renewed pay TV service based on mirada's Iris end-to-end solution. The solution encompasses Inspire state-of-the-art User Interface, Iris software client for the set-top boxes and the innovative backend platform, Iris SDP. It enables Cablevisión to offer its clients advanced Electronic Programme Guides as well as many high-end features such as advanced search engine, smart recommendations, Video on Demand services and several efficient mechanisms which allow the subscriber to discover content. The current Cablevisión Monterrey service is soon to be enhanced with further advanced features and services, which will also be powered by mirada's solution. José Luis Vázquez, CEO of mirada plc, stated: "We are very proud to participate in this prestigious project, which fully demonstrates our capacity to manage all the partners involved and deliver excellent products for a Tier One operator with such a large subscriber base. We are currently working on additional features and services for Cablevisión which are soon to be implemented. This is the first launch under our agreement with the Tier One operator, which will be followed by others as the Customer extends the Inspire solution over different regions." René Bortoni; CEO at Television Internacional (Cablevision Monterrey) commented: "We are excited to announce the new DVB offering for new subscribers of our Pay TV and Triple Play services, it will transform the Customer Experience of watching TV. Mirada is a key player of this breakthrough of the Company."

MIRA one of the leading providers of integrated software solutions for Digital TV Operators and Broadcasters, is delighted to announce the full commercial rollout of its Iris Multiscreen Solution software ("Iris") for izzi Telecom ("izzi"), one of the largest telecommunications providers in Mexico. The rollout will be accompanied by an extensive marketing campaign by izzi Telecom and will be available for subscribers through izzi's distribution channels in Mexico from 4 July 2016. This full commercial rollout relates to the major contract win announced on 19 May 2014. The rollout of the Iris platform across izzi's networks is Mirada's largest deployment to date. The platform will now be made available across all of izzi's five cable networks throughout the Mexican territory. This full commercial rollout follows the first rollout announced on 17 February 2015 across izzi Telecom's Cablevisión Monterrey network, and is the first time izzi will provide a unified offering across all five of its networks in Mexico, having previously run them separately. In addition, izzi will start an extensive, large-scale marketing campaign to accompany the launch in order to optimise and accelerate take-up of the new offering. izzi will now be able to offer its new Pay TV offering, which includes the full Iris product suite, to its subscriber base. The new offering incorporates Mirada's TV Everywhere solution which provides an integrated cable TV (Digital Video Broadcasting, "DVB") and Over-the-Top ("OTT") TV solution. Mirada's Iris TV Everywhere solution enables content to be viewed across set-top boxes, smartphones and tablets, with all of them working seamlessly through Mirada's state-of-the-art Inspire user interface customised in conjunction with izzi. New or upgrading subscribers will benefit from features such as multi-screen viewing, the ability to pause viewing on one device and resume viewing on another, as well as access to more content and on-demand TV. Jose Luis Vazquez, CEO of Mirada plc, commented: "Today's full commercial rollout is a defining moment in the history of Mirada. This is our largest commercial rollout by a significant margin and one of the largest in our industry in Latin America. As well as leading to an expected significant amount of subscriber-based licence fee revenues going forward, the commercial launch of our solution provides an excellent reference case for Mirada. "This clearly demonstrates our ability to successfully manage and deliver a substantial nationwide solution encompassing several million subscribers. It also provides awareness of the market leading quality and advanced capabilities of our solution. We are confident that other operators will be monitoring the success of this rollout and that ultimately this will open up more major contract opportunities in the future."