Corporate Broker AppointmentSource: RNS
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."
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.
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
Tel: +44 (0)20 7523 8000
Charlotte Street Partners
Tom Gillingham Tel: +44 (0) 7741 659021
Andrew Wilson Tel: +44 (0) 7810 636995
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