May 30, 2006

MIRANDA ANNNOUNCES EXECUTIVE APPOINTMENTS

MONTREAL – Miranda Technologies (www.miranda.com), a global developer, manufacturer and marketer of high-performance hardware and software, announced the appointments of Richard Brice as president, Asia, and Darin Crosby as managing director, Europe, Middle East, and Africa.

Operating from Hong Kong, Brice will be responsible for all of Miranda’s operations in the Asian market, where the company realized 12 percent of its sales last year. Brice has been a member of Miranda’s management team since April 2001, when the company acquired Oxtel PLC (UK), where he was head of sales and marketing. Prior to that, he worked as an electronics engineer in the R&D departments of major international broadcast equipment firms.

Following Miranda’s recent acquisition of VertigoXmedia, Crosby, formerly president of VertigoXmedia’s broadcast division, will take over Brice’s responsibilities as managing director for Miranda’s operations in Europe, Middle East, and Africa. He will also oversee the development of Miranda’s playout and graphics products.

Prior to holding a senior position at VertigoXmedia, Crosby had spent seven years at Miranda, building the company’s sales force in the Americas. He will be based at Miranda’s European headquarters in Wallingford, UK.