Miranda Technologies Inc.
TSX : MT

Miranda Technologies Inc.

August 23, 2007 14:07 ET

Miranda introduces version 2.00 of its Kaleido-X, the most advanced multi-image processor in the industry

MONTREAL, Aug. 23 - Miranda Technologies Inc. (TSX: MT), a
global developer, manufacturer and marketer of high-performance hardware and
software for the television broadcast industry, today launched version 2.00 of
its latest-generation multi-image display platform, the Kaleido-X. This new
version integrates the key functionalities of the incumbent product, the
Kaleido-K2, while also adding new features for integrated control and routing.
In its 2.00 version, the Kaleido-X is also offered in a new, smaller chassis
(FR4), which is similar to the Kaleido-K2 format and makes the product even
more flexible.

Version 1.0 of the Kaleido-X has been well received by the market since
Miranda started delivery at the end of last year. Many broadcasters around the
world have shown interest in the new Miranda platform, with units delivered to
NBC, ABC News Washington, Ascent, Daystar, France 3, PCCW Hong Kong and Korea
Telecomm.

"From its inception, the Kaleido-X has offered a series of unique
characteristics such as outstanding image quality, no restrictions regarding
input/output combinations, an integrated router and intuitive layout
software," declared Strath Goodship, President and CEO of Miranda. "Now, with
version 2.00, the Kaleido-X can validate signal integrity for advanced
monitoring applications. Not only does the Kaleido-X validate video and audio
signals, it also takes care of imbedded metadata for the hearing impaired and
for rating purposes. On-air operators can use the Kaleido-X to monitor all
this information at once with the assurance that there will be no
interruptions in transmission."

The new version of the Kaleido-X is scheduled to be presented at the
European show IBC (International Broadcasting Convention - Stand number 8.280)
in September. In addition to introducing version 2.00, Miranda will also
showcase demonstration units for its other novelties: the Imagestore-750, a
new generation of master control and channel branding platform, the XVP-1801,
a highly integrated HD cross-converter, and the Jazz-800, a dual
cross-converter / standards converter offered in a single compact frame.

Forward-looking Statements

This press release contains forward-looking statements reflecting
Miranda's objectives, estimates and expectations. Such statements may be
marked by the use of verbs such as 'believe', 'anticipate', 'estimate',
'looking ahead' and 'expect', as well as the use of the conditional or future
tense. By their very nature, such statements involve risks and uncertainties.
Consequently, results could differ materially from the Company's expectations.
Risks that could cause results to differ materially from Miranda's
expectations are discussed under the heading Risk Factors in the Company's
Annual Information Form, which is available on SEDAR at www.sedar.com. The
forward-looking statements contained in this press release represent Miranda's
current expectations and, accordingly, are subject to change. However, the
Company disclaims any intention and assumes no obligation to update or revise
any forward-looking statement, whether as a result of new information or
events or otherwise, unless required to do so by the applicable securities
legislation.

About Miranda

Miranda Technologies Inc. (TSX: MT) develops, manufactures and markets
high-performance hardware and software for the television broadcast industry.
Its solutions are purchased by content creators, broadcasters, specialty
channels and television service providers to enable and enhance the transition
to a complex multi-channel digital and HDTV broadcast environment. This
equipment allows customers to generate additional revenue while reducing costs
through more efficient distribution and management of content as well as the
automation of previously manual processes. Miranda employs over 400 people at
its Montreal headquarters (Canada) and in its facilities located in
Wallingford (UK), Springfield (New Jersey, USA), Paris (France), Tokyo
(Japan), Beijing (China) and Hong Kong. Miranda became a public company in
December 2005 and is listed on the Toronto Stock Exchange. For more
information, please visit www.miranda.com.

Contact Information

  • René Vachon, Executive Vice
    President and CFO, Miranda Technologies Inc., (514) 333-1772; Media:
    Simon-Pierre Pouliot, Director of Communications, Miranda Technologies Inc.,
    (514) 333-1772; Source: Miranda Technologies Inc.