Contract Update

21 January 2015 mirada plc (AIM: MIRA) ("mirada" or "the Company") Contract Update mirada plc, the AIM-quoted audio-visual interaction specialist, provides afurther update regarding the major contract announced on 19 May 2014. Following the announcement dated 23 December 2014, the Company has beeninformed by the Tier 1 customer that it now expects the commercial launch ofmirada's multiscreen product Iris on its first cable network to take placeduring the month of February. Although the commercial launch was originally scheduled to occur beforeChristmas 2014, and then postponed to the first half of January 2015, theCompany has received notification that the Tier 1 customer has further extendedtesting of its provisioning systems to avoid any potential issues on thisimportant launch. The customer, which remains focused on a timely roll out ofthe product, has been successfully using the mirada Iris platform since Q4 2014on a friends & family basis. Further updates can be expected in due course. -END- Enquiries: mirada plc +44 (0) 203 751 0320José Luis Vázquez, Chief Executive Officer Walbrook PR +44 (0) 207 933 8783Nick Rome/Sam [email protected] Arden Partners plc (Nomad and Joint Broker) +44 (0) 207 614 5900Steve Douglas (Corporate Finance)James Felix (Corporate Finance)Kam Bansil (Corporate Broking) About mirada mirada creates and manages services for digital TV platforms and broadcasterswhich enable consumers to interact with and purchase digital content ontelevision, mobile, online and bespoke devices. mirada's products and solutionsare used worldwide to deliver interactive TV, Video on Demand, digitalmarketing and payment services. Its products and services have been deployed bysome of the biggest names in digital media and broadcasting including Sky,Virgin Media, BBC, ITV, France Telecom and Telefónica. Headquartered in London,mirada has commercial offices across Europe and Latin America and operatestechnical centres in the UK and Spain. For more information, visitwww.mirada.tv.