Luc St-Georges promoted to Chief Operating Officer of Miranda

Montreal, Canada, 2011-01-26

Miranda Technologies Inc. (TSX: MT), a worldwide provider of infrastructure, playout and monitoring systems for the broadcast and cable/satellite/IPTV industries, today announced that Luc St-Georges has been promoted to the newly created position of Chief Operating Officer. With over 40 percent of Miranda’s employees reporting to him, Mr. St-Georges will assume responsibility of Miranda’s day-to-day operations from order booking to product support.

Mr. St-Georges most recently served as Senior Vice President of Operations. “Since joining Miranda in 2007, Luc has been instrumental in driving our quality and responsiveness to levels that exceed industry best practices,” commented Strath Goodship, Miranda’s President and Chief Executive Officer. “On the manufacturing side, Luc has overhauled Miranda’s processes and infrastructure, increasing capacity, efficiency and quality, all while reducing inventory and costs. He also led the integration of all external manufacturing into Miranda’s Montreal operations.”

In 2008, Mr. St-Georges took on the additional responsibility of worldwide support and services and has consistently improved customer satisfaction. Since the acquisition of OmniBus Systems in September 2010, he has led the successful integration of their Support and Services groups.

“With these growing responsibilities and an excellent track record, it is a natural transition for Luc to move into this leadership role,” highlighted Mr. Goodship. “As the Company carries out its growth initiatives, Luc will be central in ensuring Miranda is best positioned to capitalize on the opportunities ahead.”

About Miranda
Miranda Technologies Inc (TSX: MT) is a worldwide provider of infrastructure, playout and monitoring systems for the broadcast and cable/satellite/IPTV industries. Its solutions enable and enhance the transition to a multi-channel digital and HD broadcast environment. With this equipment, customers can generate additional revenue while reducing their costs through more efficient distribution and management of their content. In September 2010, Miranda acquired OmniBus Systems Limited, the Loughborough UK-based pioneer of IT-based media management and delivery solutions for television and Internet broadcasters. Miranda employs approximately 680 people at its Montreal headquarters and in its facilities located in Wallingford and Loughborough (UK), Denver (Colorado, USA), Grass Valley (California, USA), Paris (France), Tokyo (Japan), Zaltbommel (Netherlands), Dubai (United Arab Emirates), Kuala Lumpur (Malaysia), Singapore, Beijing (China) and Hong Kong. Miranda is listed on the Toronto Stock Exchange. For more information, please visit www.miranda.com.

Digital photograph: http://www.miranda.com/images/PR/Luc_St-Georges.jpg
Caption: Photo of Luc St-Georges, Chief Operating Officer at Miranda Technologies

Source: Miranda Technologies Inc.

Contacts: Investors and Media
Mario Settino
Chief Financial Officer
Miranda Technologies Inc.
Tel.: (514) 333-1772


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