Myriad Group Expands Global Footprint in Key Markets

ZURICH, Aug. 23, 2011 /PRNewswire/ -- Myriad Group AG (SIX: MYRN), a global leader in mobile technology having shipped over 3.8 billion software applications on more than 2.2 billion phones, today announces it is expanding its global presence with new offices opening in India, Mexico and Dubai.

The three new locations are part of a broader global expansion effort which adds to Myriad's extensive global presence, with offices in Switzerland, UK, France, China, Japan, South Korea, Taiwan, Australia and the US. As a result of the expansion, Myriad will be better positioned to scale and support its existing and new customers' growing needs.

In Mexico, the recently opened Myriad office is supporting the company's five-year exclusive partnership with Telefonica, delivering social networking to over 140 million customers in 13 countries. The new offices in Dubai and India will set out to capitalize on the ever-increasing demand for key mobile software and services, as well as supporting existing regional and global customers.

"Our new offices will not only enable us to meet and capitalize on growing demand, it will also allow us to better serve our customers in these rapidly growing markets," said Simon Wilkinson, CEO of Myriad Group. "The increase in our global footprint underlines our commitment to both our customers and our desire to be at the forefront of partnership-led innovation in these regions."

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 Zurich Switzerland, Myriad is listed on the SIX Swiss Exchange (SIX Symbol: MYRN).

For more information:

www.myriadgroup.com

www.youtube.com/myriadgroupmarketing

www.twitter.com/myriadgroup

SOURCE Myriad Group