Mirriad Advertising PLC Corporate Broker Appointment (0510F)
05 March 2020 - 6:00PM
UK Regulatory
TIDMMIRI
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: +44 (0)207 884 2530
Nominated Adviser & Broker :
Canaccord Genuity Limited
Simon Bridges
Thomas Diehl
Tel: +44 (0)20 7523 8000
Financial Communications:
Charlotte Street Partners
Tom Gillingham Tel: +44 (0) 7741 659021
Andrew Wilson Tel: +44 (0) 7810 636995
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END
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