Teranex OEM's Its New VC100 to Miranda Technologies.

ORLANDO, Fla. -- Teranex, a leader in high performance video processing solutions for the broadcast and post-production industries, is pleased to announce the signing of an OEM agreement for its VC100 with Miranda Technologies which will brand it JAZZ-800.

"Now in its fourth year as part of Silicon Optix, Teranex has enjoyed a revered position in the post-production and broadcasting industries. With its many patents and a new Academy of Television Arts & Sciences Primetime Engineering Emmy([R])in its portfolio, and new innovative products like the VC100 Frame Synchronizer, Teranex is focusing more and more on OEM's for its products and technology " said Mike Poirier, Vice-President and General Manager of the Teranex business unit.

"The industry has long been awaiting a high-quality, easy-to-use, true dual-channel up/down/cross converter packaged in a stand-alone 1RU form factor". said Marco Lopez, Vice-President of Product Development for Miranda Technologies. "The unit is truly a universal processor offering both analog and digital I/O as well as built-in standards conversion allowing users to easily interchange material across continents."

The VC100/JAZZ-800 Frame Synchronizer and Format/Standards Converter bring award winning HQV image processing technology to the Broadcasting world in a 1RU Dual Channel Frame. The VC100 is packed with proprietary Teranex and Silicon Optix technology, including a pair of Realta Image Processing Engines, and Silicon Optix's latest chip set, the Reon VX, which drives the live video display on the front panel.

Please come visit Teranex at IBC in Amsterdam on Sept 7th -11th in Hall 12P, Stand 12P.250, to view the latest innovations from Teranex. Additional info can be obtained at www.teranex.com.

About Teranex

Teranex, a division of Silicon Optix, produces high-performance, future-proof solutions for the digital media professional serving the content creation, content distribution, and content consumption markets. The industry-leading array processing platforms combine the flexibility of a programmable solution with the high throughput of a real-time multi-use platform. Teranex solutions include DTV format conversion, video noise reduction, film restoration, pre/post-compression processing and image enhancement. Teranex is continually adding enhancements and new applications and is committed to providing long-term value to its customers.

About Silicon Optix

Silicon Optix is a leader in programmable, high performance video processing and unique and proprietary geometry processing IC solutions delivering Hollywood Quality Video (HQV). Silicon Optix ICs can be found in top-tier consumer electronics products such as high resolution displays, premium DVD players, ultra-thin RPTVs and front projectors. Silicon Optix is headquartered in San Jose, California with offices around the world.

For more information about Silicon Optix, please visit the company's Web site at www.siliconoptix.com and www.hqv.com.

About Miranda

Miranda Technologies Inc. (TSX: MT) develops, manufactures and markets high-performance hardware and software for the television broadcast industry. Its solutions are purchased by content creators, broadcasters, specialty channels and television service providers to enable and enhance the transition to a complex multi-channel digital and HDTV broadcast environment. This equipment allows customers to generate additional revenue while reducing costs through more efficient distribution and management of content as well as the automation of previously manual processes. Miranda employs over 400 people at its Montreal headquarters (Canada) and in its facilities located in Wallingford (UK), Springfield (New Jersey, USA), Paris (France), Beijing (China) and Hong Kong. Miranda became a public company in December 2005 and is listed on the Toronto Stock Exchange. For more information, please visit www.miranda.com.