Myriad Group Announces Assignment of Certain Patent Rights for USD 19 million Cash

(PresseBox) (Duebendorf/Zurich, ) Myriad Group AG (SIX: MYRN) today announced the signature of an agreement under which Myriad receives USD 19 million cash for the assignment of certain of its patent rights.

This agreement does not affect Myriad's right to continue using the assigned intellectual property rights.

Myriad Group AG

Myriad Group AG is a global leader in mobile technology and has shipped over 3.2 billion software applications in more than 2 billion mobile phones. Its comprehensive portfolio includes browsers, messaging, Java, social networking, user interfaces and middleware for all types of mobile phones, from ultralow 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 USSDbased customer selfcare platforms that deliver over 10 billion messages a year to 220 million mobile users across more than 30 mobile operators worldwide.

Myriad was created from the combination of industryleading 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 Dübendorf-Zürich Switzerland, Myriad is listed on the SIX Swiss Exchange (SIX Symbol: MYRN).

For more information, visit www.myriadgroup.com.

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