Share Name Share Symbol Market Type Share ISIN Share Description
Mirriad Advertising Plc LSE:MIRI London Ordinary Share GB00BF52QY14 ORD GBP0.00001
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.25 -0.76% 32.50 32.00 33.00 32.75 32.50 32.75 706,120 12:09:21
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Media 2.2 -9.1 -4.0 - 91

Mirriad Advertising PLC Appointment of Chief Technology Officer

02/02/2021 12:14pm

RNS Non-Regulatory


Mirriad Advertising PLC

02 February 2021

02 February 2021

Mirriad Advertising

("Mirriad" or the "Group")

Appointment of Chief Technology Officer

Mirriad Advertising plc, the computer vision and AI-powered in-video advertising company, is pleased to announce that Philip Mattimoe has been appointed Chief Technology Officer.

Following an oversubscribed fundraise towards the end of 2020, this hire comes as the company redoubles strategic focus on its patented technologies to drive future growth.

Mattimoe brings extensive experience in music, broadcast, telecoms, and media, having previously held positions as Chief Information Officer at Music Sales Group, Head of TV Technology Programme at TalkTalk, and Programme Manager at Sky Go and Skype. His expertise spans product, project, development, data, quality assurance, infrastructure and operations, as well as the development and implementation of cutting-edge technology platforms.

Stephan Beringer, CEO of Mirriad, said: "Philip's appointment is a huge step in Mirriad's technology journey, and his unique blend of sector experience, commercial acumen and technical expertise will enable us to continue with the successful implementation of our ambitious strategy, and accelerate the automation and integration of our platform.

"We have made positive progress over the past year, increasing revenue and driving the adoption amongst top-tier partners in key markets. As we look ahead, our focus is on scaling that model with an approach that will expand our footprint. Philip is certainly the person to help us create the architecture that will define the in-content space, and we are delighted that he will be part of our continued growth."

Philip Mattimoe, Chief Technology Officer at Mirriad, said: "I'm excited to be joining the company at such an important moment. I was immediately impressed with the management's strategic vision, and I look forward to taking Mirriad's sector-leading technology to the next level."


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

 Mirriad Advertising plc              Tel: +44 (0)207 884 2530 
  Stephan Beringer, Chief Executive 
  David Dorans, Chief Financial 
 Nominated Adviser & Broker:          Tel: +44 (0)20 7523 8000 
  Canaccord Genuity Limited 
  Simon Bridges 
  Richard Andrews 
  Thomas Diehl 
 Financial Communications: 
  Charlotte Street Partners 
  Tom Gillingham                        Tel: +44 (0) 7741 659021 
  Katie Stanton                         Tel: +44 (0) 7789 204508 

Notes to Editors

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.

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(END) Dow Jones Newswires

February 02, 2021 07:14 ET (12:14 GMT)

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