Myriad Group Announces $10M Taiwanese Deal to Power Blu-Ray Solutions

ZURICH, July 14, 2011 /PRNewswire/ -- Myriad Group AG (SIXS: MYRN), a global leader in mobile technology having shipped over 3.8 billion software applications on more than 2.2 billion phones, today announces a $10M customer contract renewal with a leading Taiwanese semiconductor company, which extends the partnership through to 2013.

Since 2007, Myriad Group has worked with customers to offer game-changing technologies for the Blu-ray industry. Under the renewed contract, Myriad Group will integrate its Jbed Advanced CDC technology into Blu-ray chip technology to offer one complete, high-performance solution. Myriad's ongoing collaboration with companies in this sector will continue to dramatically enhance Blu-ray chip performance, while accelerating shipments to fuel further expansion into the APAC region.

Leveraging its deep expertise in embedded software technology, Myriad's Jbed Advanced CDC solution, a powerful, fully compliant Java ME™ platform, enables Java™ programs and Java-based middleware to quickly and seamlessly improve user experience through faster start-up and response times.

"All metrics continue to indicate APAC as one of the fastest growing regions for consumer electronics, including Blu-ray," said Simon Wilkinson, CEO of Myriad Group. "We are pleased to continue our long-standing relationships in the region, and we are eager to carry on playing an integral part in supplying the cutting-edge solutions needed to fuel growth in the APAC marketplace as well as further afield."

About Myriad Group

Myriad Group AG is a global leader in mobile technology and has shipped over 3.8 billion software applications in more than 2.2 billion mobile phones. Its comprehensive portfolio includes browsers, messaging, Java, social networking, user interfaces and middleware for all types of mobile phones, from ultra-low cost handsets to advanced smartphones.

The company provides both individual components and complete solutions, which enable handset manufacturers and operators to deliver amazing experiences on mobile phones. Myriad also develops USSD-based customer self-care platforms that deliver over 10 billion messages a year to 220 million mobile users across more than 35 mobile operators worldwide.

Myriad was created from the combination of industry leading companies, Esmertec and Purple Labs. It operates worldwide, with offices in Switzerland, France, UK, USA, Mexico, China, South Korea, Taiwan, Japan and Australia. Headquartered in Zürich, Switzerland, Myriad is listed on the SIX Swiss Exchange (SIX Symbol: MYRN).

For more information visit: http://www.myriadgroup.com/

SOURCE Myriad Group AG