MONTREAL, Aug. 23 /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 launched version 2.00 of its latest-generation multi-image display platform, the Kaleido-X. This new version integrates the key functionalities of the incumbent product, the Kaleido-K2, while also adding new features for integrated control and routing. In its 2.00 version, the Kaleido-X is also offered in a new, smaller chassis (FR4), which is similar to the Kaleido-K2 format and makes the product even more flexible.
Version 1.0 of the Kaleido-X has been well received by the market since Miranda started delivery at the end of last year. Many broadcasters around the world have shown interest in the new Miranda platform, with units delivered to NBC, ABC News Washington, Ascent, Daystar, France 3, PCCW Hong Kong and Korea Telecomm.
"From its inception, the Kaleido-X has offered a series of unique characteristics such as outstanding image quality, no restrictions regarding input/output combinations, an integrated router and intuitive layout software," declared Strath Goodship, President and CEO of Miranda. "Now, with version 2.00, the Kaleido-X can validate signal integrity for advanced monitoring applications. Not only does the Kaleido-X validate video and audio signals, it also takes care of imbedded metadata for the hearing impaired and for rating purposes. On-air operators can use the Kaleido-X to monitor all this information at once with the assurance that there will be no interruptions in transmission."
The new version of the Kaleido-X is scheduled to be presented at the European show IBC (International Broadcasting Convention - Stand number 8.280) in September. In addition to introducing version 2.00, Miranda will also showcase demonstration units for its other novelties: the Imagestore-750, a new generation of master control and channel branding platform, the XVP-1801, a highly integrated HD cross-converter, and the Jazz-800, a dual cross-converter / standards converter offered in a single compact frame.
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 (Canada) 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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