UK Analyst7 Nov 2013 18:32
Audiovisual specialist Mirada* (MIRA) claimed that it has "made good commercial progress" over the first half of the year and highlighted a deal secured with a Latin American television operator as evidence for this. The deal in question relates to the deployment of Mirada's multi-screen product, Iris, in an agreement which will see the product used by several million of the operator's customers. Mirada said it is currently being paid in excess of $1.4 million (0.9 million pounds) in relation to the product, with most of this revenue set to be recognised in the second half of this financial year. The shares rose by 1p to 10.875p