MIRA Mirada Plc

 
TIDMMIRA 
 
19 May 2014 
 
                                  mirada plc 
 
                          ("mirada" or "the Company") 
 
                                Trading Update 
 
mirada plc, the AIM-quoted audio-visual interaction specialist (AIM: MIRA), is 
pleased to provide a trading update for the year ended 31 March 2014. Revenues 
for the second half were in line with those for the first half, slightly less 
than expectations due to the continued investment on the Latin American trial, 
but margins were stronger than anticipated and the Company expects to improve 
the EBITDA and net results for the year as a whole. In the current financial 
year to 31 March 2015, trading will benefit from the new contract announced 
today. 
 
The beginning of the current calendar year has been positive as the Tier 1 
contract win, announced earlier today, highlights the strength of our products 
and our ability to service increasingly large contracts. This will be very 
useful when negotiating with other potential customers, especially in Latin 
America, where our iris-inspire proposition is already gaining strong momentum. 
 
Commenting, Jose Luis Vazquez, Chief Executive Officer, said: 
 
"This is an exciting period for the Company. Rates of new subscribers gained 
are growing and we have seen a good momentum related to the upcoming World Cup 
in Brazil. 
 
"Team morale is high as winning the Tier 1 deal opens a wide range of 
opportunities for the Company and we are focused on winning further similar 
sized contracts in time. We are very grateful for the continued support from 
our employees, shareholders, partners and customers." 
 
                                     -END- 
 
Enquiries: 
 
mirada plc                                               +44 (0) 207 549 5678 
Jose Luis Vazquez, Chief Executive Officer 
 
Walbrook PR                                              +44 (0) 207 933 8780 
Nick Rome/Sam Allen 
mirada@walbrookpr.com 
 
Cantor Fitzgerald Europe (Nominated Advisor & Broker)    +44 (0) 207 894 7000 
Mark Percy (Corporate Finance) 
David Banks (Corporate Broking) 
 
Peterhouse Corporate Finance (Joint Broker)              +44 (0) 207 469 0937 
Jon Levinson/Lucy Williams 
 
 
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. 
 
 
 
END 
 

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