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