MONTREAL, May 17 /CNW Telbec/ - Miranda Technologies Inc. (TSX: MT), a global developer, manufacturer and marketer of high-performance hardware and software for the television broadcast industry, today announced the appointment of Luc St-Georges to the newly created position of Senior Vice-President of Operations.
In this role, Mr. St-Georges will have overall responsibility for all processes pertaining to delivery of products to customers, from order intake to shipment. He will oversee manufacturing activities as well as customer order processing and logistics, while also integrating production engineering.
"Luc's appointment is a clear demonstration of our will to take our manufacturing to the next level", said Strath Goodship, President and CEO of Miranda. "He is the right person to contribute to the company's progression. Luc brings tremendous experience in operational strategies, including new product introduction processes and continuous improvement. With the positive reaction that our new products generated at NAB, and the follow-through business that we are anticipating, Luc's arrival is well timed."
Before joining Miranda, Mr. St-Georges was CEO of Positron Technologies, an international leader in high-end electronics contract manufacturing. He is known as a well-known figure in the field of complex electronics manufacturing practices.
"My mandate is clear", said Luc St-Georges. "I must lead the operations team to reach ever-increasing levels of quality and minimizing the time it takes to introduce new products. These two go hand in hand. The teams I head up are already focusing on improving their practices, implementing new manufacturing processes and improving customer response. With the right tools and know-how, we will have the means to take on our future challenges."
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 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.
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