MIRA.L Share News (MIRA)

(Sharecast News) - Mirada has signed a new contract with Mongolia's Sky Media Corporation, a subsidiary of Skytel, for its Iris multiscreen product.The AIM-listed company, which provides integrated software solutions for digital TV operators and broadcasters, said Skytel has chosen its Iris multiscreen solution for a new generation pay-TV service that will deliver a "cutting-edge" viewing experience across all devices, helping to gain new and retain existing subscribers.This new project will be conducted in two phases. Phase one will be the roll-out of an OTT TV solution to enable Skytel customers to watch live, catch-up and on-demand content on their smart-device of choice, including laptops, iOS and Android smartphones and tablets. Following the successful launch of phase one, which is expected to occur towards the end of the first quarter of next year, Skytel plans to expand its offering of Iris to Internet protocol (IP) set-top boxes and other connected devices in phase two.Mirada said this is the first commercial deployment of the complete Iris multiscreen solution in Asia.Chief executive officer Jose Luis Vazquez said: "It is fantastic to see yet another established operator choose our Iris technology to power their service to subscribers, in what is a new and exciting region for Mirada to enter. We are thrilled to announce this latest contract and we look forward to seeing the results of what we are sure will be a long and fruitful partnership with Skytel."At 1300 GMT, the shares were up 3.7% to 0.70p.