New commercial launch in Mexico

4 February 2013 mirada plc ("mirada" or "the Company") (AIM: MIRA) New commercial launch in Mexico mirada plc, the AIM-quoted audiovisual interaction specialist, is delighted to announce another successful deployment of its Navi product. AXTEL, one of Mexico's largest telecommunications providers has launched its pay TV service, AXTEL TV. AXTEL is offering a state of the art hybrid solution which combines IPTV broadcast channels, on-demand (VoD, time-shift and network personal video recorder) and interactive content via IP, along with access to free-to-air DTT broadcasts channels. AXTEL TV uses Navi, mirada's content navigation tool, which is deployed via mirada's global partnership agreement with Ericsson. Navi is a complete set of interactive navigational services providing AXTEL TV subscribers with a new enjoyable TV experience, "TV sin Horarios", including time-shift features such as restart, pause, or record the programs desired. Under mirada's agreement with Ericsson, in addition to the set-up fees already received, mirada will earn licence fees dependent on the number of subscribers signing up to the service plus annual support and maintenance fees from the date of launch of the service. Jenaro Martínez, AXTEL TV Director, commented: "The launch of AXTEL TV marks AXTEL´s first steps in the Pay TV market, and we are confident that with our investment in mirada´s novel hybrid services, AXTEL will quickly become one of the leaders of the Mexican digital television market. Our customers can now access their favourite programs with an easy-to-use and intuitive user interface." José Luis Vázquez, Chief Executive Officer, mirada plc, commented: "We are very proud to have participated in this project, which demonstrates, once again, our capability to introduce innovative products helping users to interact with their digital TV offering. This is our second live service under partnership with Ericsson, the first was GVT (Brazil), and the new subscribers will add to the monthly licence fees we are already earning from our existing Navi and Iris deployments. "As previously stated, we wish to continue expanding our activities throughout Latin America, a key growth market for mirada. To date, our work here has been extremely successful in cementing our product offering and we are confident that the region will play a key role in mirada's future success." -END- Enquiries: mirada plc +44 (0) 207 549 5678 Jose Luis Vazquez, Chief Executive Officer Bishopsgate Communications +44 (0) 207 562 3350 Nick Rome/Sam Allen/ Matthew Low mirada@bishopsgatecommunications.com Seymour Pierce Limited (Nominated Advisor & Broker) +44 (0) 207 107 8000 Mark Percy (Corporate Finance) David Banks (Corporate Broking) Peterhouse Corporate Finance (Joint Broker) +44 (0) 207 469 0937 Jon Levinson About AXTEL AXTEL is a Mexican telecommunications company that provides local and long distance telephony, broadband Internet, data solutions, custom-made communication solutions and now also Pay TV solutions in 39 cities and long distance connectivity to business and residential customers in over 200 cities. It is the second largest telephony provider in Mexico, and one of the leading companies in Information and Communication Technology solutions in the corporate, financial and government sectors. About mirada mirada creates and manages services for digital TV platforms and broadcasters which enable consumers to interact with and purchase digital content on television, mobile, online and bespoke devices. mirada's products and solutions are used worldwide to deliver interactive TV, Video on Demand, digital marketing and payment services. Its products and services have been deployed by some 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 operates technical centres in the UK and Spain. For more information, visit www.mirada.tv.

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