Miranda Technologies Inc.

Miranda Technologies Inc.

July 04, 2006 16:28 ET

Miranda pays hommage to founder - Christian Tremblay 1953-2006

MONTREAL, July 4 - It is with profound sadness that Miranda
Technologies Inc. (TSX:MT) has learned of the sudden accidental passing of
Christian Tremblay. Christian was one of the original founders of Miranda and
served as its President from its inception in 1990 until 2002. He was the
current President of Algolith Inc. Christian died tragically in a road
accident on Thursday June 29th, 2006.

"Christian will be remembered by his current and former colleagues, and
many throughout the broadcast industry, for his humanity, wisdom and drive. He
launched and advanced many careers, providing selfless invaluable advice and
encouragement. He will be profoundly missed but will continue to inspire many.
On behalf of all Miranda employees, we extend our heartfelt sympathies to
Christian's family. Our thoughts are with them during this difficult period"
reflected Strath Goodship, Miranda's President and Chief Executive Officer.

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 Montréal headquarters and in its offices located in Wallingford (UK),
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. For more information, please visit www.miranda.com.

Contact Information

  • Investors: René Vachon, Executive Vice
    President & CFO, Miranda Technologies Inc., (514) 333-1772; Media: Jean
    Walter, Vice President, MaisonBrison/BarnesMcInerney, Capital Market
    Communications, (514) 731-0000; Source: Miranda Technologies Inc.