mimik appoints chief operating officer

mimik APPOINTS CHIEF OPERATING OFFICER

SENIOR BOARD ADVISORS ALSO APPOINTED

VANCOUVER, British Columbia, October 27th, 2014: Mr. Siavash Alamouti, Chairman and CEO of mimik technology, announced today the appointment of Daniel D. Veniez as Executive Vice President & Chief Operating Officer, as well as Charles Cohen and Andrew Edwards to the Board of Advisors.

“The arrival of Dan, Charles, and Andrew will strengthen our team as we prepare for the imminent launch of mimik in selected markets in Europe and Asia,” states Mr. Alamouti. “While R&D and innovation are firmly entrenched in our cultural DNA, we are intensifying preparations to introduce mimik’s branded products in the first half of 2015.”

An entrepreneur and corporate director, Mr. Veniez has held numerous board and executive management positions within privately held and publicly listed corporations in North America. As Chairman, he led the turnaround of Ridley Terminals Inc. His leadership roles span a variety of sectors, including strategy consulting, natural resources, real estate development, hospitality, and finance sectors, including private equity. Mr. Veniez’s varied career includes serving in the administration of The Right Honourable Brian Mulroney, Prime Minister of Canada, as a senior advisor in the departments of Industry, Science and Technology, among others. Mr. Veniez has also participated in trade and commercial missions around the world. His contributions on public policy and economic matters have appeared in publications in North America, Europe, and Asia.

Commenting on Mr. Veniez’s appointment, Mr. Alamouti said, “I am delighted that Dan has agreed to join our team and become my partner as we drive mimik’s growth at this important stage of our development. He’s a broad-gauged, multifaceted, practical, and tough business leader who is sharply focused on strategy and execution. Dan’s experience and skills are precisely what we need as we gear up to launch mimik’s branded products into the market.”

“mimik’s breathtaking technology integrates personalized content management with networking,” states Mr. Veniez. “This offers digital freedom to a consumer market that craves it. mimik makes it possible and easy to provide seamless access to any digital content or service — on any device or screen — from anywhere in the world. This is a completely new and ground breaking technology that will revolutionize the user experience.”

“I’m proud to be part of this remarkable team, and thrilled to join Siavash — a highly respected and accomplished leader in the technology world — as we prepare to unveil mimik’s products and create significant value for our customers, investors, and employees,” concludes Mr. Veniez.

In addition, mimik has also announced the appointment of two corporate advisors, Charles Cohen and Andrew Edwards.

Charles Cohen served twenty-five years with Metro-Goldwyn-Mayer (MGM), most recently as Senior Executive Vice President while simultaneously serving as the Chief Operating Officer for MGM’s Motion Picture Group. He brings a wealth of business, as well as content development and acquisition insight to mimik. Mr. Cohen was responsible for overseeing MGM’s financial and strategic planning, business development activities, and treasury functions. In his corporate leadership role, Mr. Cohen was involved in several transactions including the purchase of both Orion Pictures and the Polygram film libraries. He was also involved in structuring a minority interest purchase of the Rainbow channels (AMC, Bravo, and IFC) as well as launching MGM’s 100% owned channel business.

Andrew Edwards, is Chairman & CEO, and President, Central Europe, for the Leo Burnett Group and Arc Worldwide— one of the world's largest advertising agency networks. As Group Chief Executive of the Leo Burnett Group, Mr. Edwards closely manages how the Arc and Burnett brands work together as one. Based in London, he is widely recognized as one of the best marketers in the world, and brings to mimik incomparable expertise to global sales, marketing, and customer relationship management. Moreover, he will advise the company on how to leverage its technology to evolve advertising from the old broadcast model towards personalization.

“We are honoured to be able to call upon people of the calibre of Charles and Andrew for their advice and counsel,” says Alamouti. “They add tremendous and exceptional depth of insight, practical and commercial know-how, and an extraordinary professional network to mimik,” says Alamouti. “Dan and I plan to lean on both of them heavily on the journey ahead,” he concludes.

About mimik

mimik technology is a software company dedicated to providing a personalized multi-screen experience for all digital content. mimik.360™ platform enables service providers to cost-effectively deliver personalized services such as interactive TV, communications, user-generated media, media apps, and home automation to any connected device or screen — from inside the home and around the world.

mimik’s unique liquid cloud architecture enables our software components to be ported onto low-cost home gateway platforms, set-top boxes, cloud infrastructure, and USB dongles. This flexibility allows telcos, service operators, and OTT providers to deploy mimik.360 without costly infrastructure build- out, and manage their capex and opex spending. mimik is headquartered in Vancouver BC, Canada with offices in London and Madrid. For more information, visit www.mimiktech.com or email marketing@mimiktech.com

Contacts:

Daniel D. Veniez, EVP & COO

Email:   daniel.veniez@mimiktech.com

Phone:  +1-604-899-8843 Ext. 108

Matt ArjMandi, Director of Marketing

Email:   matt@mimiktech.com

Phone:  +1-604-899-8843 Ext. 107