Myriad Group announces $10 million Taiwanese deal to power Blu-ray solutions

ZURICH, SWITZERLAND: Myriad Group AG, a global leader in mobile technology having shipped over 3.8 billion software applications on more than 2.2 billion phones, announced a $10 million 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."