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press release

Annual Meeting of Shareholders

TSX - Toronto Stock Exchange

MONTREAL, May 3 /CNW Telbec/ - Members of the press are cordially invited to attend Miranda Technologies' first Annual Meeting of Shareholders. This event will take place at the date, time and location below:

Date: Wednesday, May 10, 2006

Time: 10:00 A.M. (ET)

Location: Ritz-Carlton Hotel Oval Ballroom 1228 Sherbrooke Street West MontrDeal, Quebec

Mr. Strath Goodship, President and CEO, and Mr. RenDe Vachon, Executive Vice-President and CFO, will be available to speak with the media immediately following the meeting.

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 the more efficient distribution and management of content as well as the automation of previously manual processes. Miranda is headquartered in MontrDeal and has offices in Wallingford (UK), Paris (France), Tokyo (Japan), Hong Kong, Beijing (China) and Springfield (New Jersey). Miranda became a public company on December 8, 2005 and is listed on the Toronto Stock Exchange. For more information, please visit www.miranda.com.

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