Corporate Broker Appointment

RNS Number : 0510F

Mirriad Advertising PLC

05 March 2020

 

5 March 2020

Mirriad Advertising plc

("Mirriad" or the "Group")

Corporate broker appointment

Mirriad Advertising plc ('Mirriad'), the computer vision and AI platform company, today announces that it has appointed Canaccord Genuity as its nominated advisor and corporate broker.

The appointment follows a competitive process that was initiated in 2019 where participants were taken through Mirriad's vision, growth strategy and business and technology roadmap.

Stephan Beringer, CEO of Mirriad, said: "The appointment of a new corporate broker is a further step in our strategy of developing a game changing proposition for the content and marketing industries. Canaccord Genuity impressed us with their technology credentials, their enthusiasm for our business, their reach into the US and the strength of their research capability.

"Progress towards the adoption of our solution is happening across all forms of distribution in our key markets as planned and this transformational phase builds on the strong foundations established by the successful fundraise last year."

ENDS

About Mirriad

Mirriad's award-winning solution unleashes new revenue for content producers and distributors by creating new advertising inventory in content. Our patented, AI and computer vision technology dynamically inserts products and innovative signage formats after content is produced. Mirriad's market-first solution seamlessly integrates with existing subscription and advertising models, and dramatically improves the viewer experience by limiting commercial interruptions.

Mirriad currently operates in the US, Europe and China.

Enquiries:

For further information please visit www.mirriad.com or contact:

Mirriad Advertising plc

Stephan Beringer, Chief Executive Officer

David Dorans, Chief Financial Officer 

Tel: [phone]

Nominated Adviser & Broker :

Canaccord Genuity Limited

Simon Bridges

Thomas Diehl

Tel: [phone]

Financial Communications:

Charlotte Street Partners  

Tom Gillingham Tel: [phone]

Andrew Wilson Tel: [phone]

 

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