MONTREAL, QUEBEC--(Marketwire - Oct. 12, 2011) - Miranda Technologies Inc. (TSX:MT), a worldwide provider of production, playout and delivery systems for the television broadcast, cable, satellite and IPTV industries, today announced that ITV, the UK's largest commercial television network, will streamline its distribution chain using highly integrated IT-based content delivery, based on Miranda's iTX solution.

ITV's move to an IT-based system will begin with its new Red Button interactive video services, which are due to launch later this year. The new system will offer much greater playout flexibility, enhanced scalability and a lower cost of ownership.

Paul Dale, Chief Technology Officer, ITV, said, "We are delighted to have entered an agreement with Miranda Technologies to support a core part of ITV's technology platform."

All the keyplayout processes will be simplified, using a tight integration of Miranda's systems, including NVISION routing, Kaleido multi-viewers, and iControlPlayout Manager facility monitoring.

With this high level of facility integration, a single ITV operator will be able to monitor the entire content delivery chain, and quickly respond to any faults in the systemto improve the Quality of Service, using advanced signal path and facility monitoring.

Miranda's iTX system uses enterprise grade IT servers and software to unify and streamline ingest, media management, schedule management, asset management, automation, signal processing, master control, graphics and multi-format playout.

The IT-based architecture reduces the complexity of facilities and simplifiesmaintenance. By handling all stages of the production and delivery process under a consistent user environment, iTX also delivers unprecedented increases in efficiency, scalability and speed of response for media businesses.

About Miranda

Miranda Technologies is a leading worldwide provider of hardware and software solutions for the television broadcast, cable, satellite and IPTV industry. Its solutions span the full breadth of television operations, including production, playout, and delivery.

With a wealth of experience in delivering IT-based and traditional television systems, Miranda is uniquely positioned to help customers enhance their facilities, while generating additional revenue, reducing costs and streamlining operations.

For over 21 years, Miranda's growth has been driven by continuous innovation, along with close customer partnerships focused on helping clients achieve their business objectives. To deliver this support, Miranda employs approximately 690 people globally, in both developed and emerging markets. Miranda's head office is located in Montreal, and it has regional facilities in the United States, the United Kingdom, France, the United Arab Emirates, Japan, Malaysia, Singapore, Hong Kong and mainland China. A public company since December 2005, Miranda's shares (TSX:MT) are traded on the Toronto Stock Exchange. More information on the Company can be found at [ www.miranda.com ].

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