Miranda Technologies Inc.
TSX : MT

Miranda Technologies Inc.

September 08, 2006 06:00 ET

Miranda launches Kaleido-X combined multi-image processor and router at European broadcast technology show

MONTREAL, Sept. 8 - Miranda Technologies Inc. (TSX:MT), the
manufacturer of high-performance equipment for the television broadcast
industry, announced today the launch of multiple new products at IBC 2006, the
key European broadcast technology exhibition in Amsterdam. The company's key
new product is the Kaleido-X processor, which combines multi-room, multi-image
display plus routing in a single chassis.

"Kaleido-X's unique mix of capabilities represents the most integrated
multi-image display and routing solution on the market", says Strath Goodship,
Chief Executive Officer at Miranda.

"By combining monitoring with routing, customers will benefit from
improved signal flexibility and space efficiency, as well as reduced costs and
cabling. We're in the process of patenting the processor's high performance
architecture."

As a multi-image processor, Kaleido-X offers the highest level of signal
flexibility. Each chassis can display 96 multi-format video inputs any number
of times, in any size, across eight displays of any resolution and
orientation. As a router, it offers switching of 96 inputs to 48 HD/SD outputs
for feeding high quality monitors, test equipment, and master control or
production switchers.

Miranda will also be highlighting its new television graphics products
from the VertigoXmedia acquisition, which was completed in May 2006. The range
includes the Vertigo XG graphics processor which is ideal for simultaneous HD
and SD broadcast applications; the Xmedia Suite graphics workflow tools; and
the Xstation playout server with integral graphics and playlist control, which
can deliver lower cost, faster-to-air television.

"We've been busy integrating the VertigoXmedia team and products since
the acquisition. We'll be showing the Xmedia Suite applications working with
the VertigoXmedia processors, in newsroom and master control environments,
alongside our established Imagestore master control processors. This is just
the first step in our wider integration plan", says Strath Goodship.

Other introductions include a line of compact routers based on the
Densite Series platform; new entry-level HD and SD channel branding processors
called Imagestore 300+ LOGO and Imagestore HDTV LOGO; and an extended range of
picoLink miniature interfaces.

Digital image: http://www.miranda.com/images/custom/Kaleido-X.hi.jpg

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 conditional or future
tense. By their very nature, such statements involve risks and uncertainty.
Consequently, results could differ materially from the Company's expectations.
For detailed information with respect to risk factors affecting Miranda's
business, please refer to our annual information form under the heading "Risk
Factors", which is available on SEDAR at www.sedar.com. The forward-looking
statements contained in this press release represent our current expectations
and, accordingly, are subject to change. However, we disclaim any intention
and assume no obligation to update or revise any forward-looking statements,
whether as a result of new information or events or otherwise.

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 the 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 and in its offices located in
Wallingford (U.K.), Paris (France), Tokyo (Japan), Hong Kong, Beijing (China),
and Springfield (New Jersey). Miranda became a public company in December
2005, and is listed on the Toronto Stock Exchange.

Contact Information

  • Investor Relations Contact: René Vachon,
    Executive Vice President & CFO, Miranda Technologies Inc., (514) 333-1772