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Pre-Close Announcement and Notice of Results

8 Jun 2015 07:00

MIRADA PLC - Pre-Close Announcement and Notice of Results

MIRADA PLC - Pre-Close Announcement and Notice of Results

PR Newswire

London, June 5

8 June 2015

mirada plc

(AIM: MIRA)

(mirada or “the Company”)

Pre-Close Announcement and Notice of Results

mirada plc, (AIM: MIRA) the audio-visual interaction specialist, provides a trading update for the year-ended 31 March 2015.

Trading during the second half reflected the momentum achieved during the first half as the Company worked towards commercialising its first Tier One project, which despite delays outside of the Company's control, was launched in February 2015. This key milestone, being the launch of the Company’s multiscreen product Iris in Mexico, was the first of the cable network deployments agreed with the customer on 19 May 2014. In addition, the Company also announced its inaugural Over-The-Top contract win during the period, highlighting the increasing flexibility of the Company’s solutions as it takes advantage of changing market dynamics and its ability to service larger contracts.

Notwithstanding the delay mentioned above, the Company anticipates full year trading results to be in line with market expectations, and the Company will announce its full year results for the 12 months ended 31 March 2015 on Thursday 9 July 2015.

José Luis Vázquez, Chief Executive Officer, commented:

“We are delighted with the size and scale of contracts that we managed to secure during the period, providing high levels of visibility while also providing a step change for our growth potential. We very much look forward to updating the market in due course.”

-END-

Enquiries:

mirada plc José Luis Vázquez, Chief Executive Officer+44 (0) 203 751 0320
Walbrook PR Nick Rome/Sam Allen mirada@walbrookpr.com+44 (0) 207 933 8783
Arden Partners plc (Nomad and Joint Broker) James Felix (Corporate Finance) Kam Bansil (Corporate Broking)+44 (0) 207 614 5900

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.

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