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Myriad Group AG Langerstrasse 14 8600 Dubendorf, Switzerland http://www.myriadgroup.com
Contact Mr James Bodha +44 161 249 5400
Company logo of Myriad Group AG
Myriad Group AG

Myriad Group Delivers Strong Q3 Results

Revenues of USD 31.3 million, up 281% from 2008 Q3 / EBITDA USD 5.7 million / Cash balance of USD 41.2 million

(PresseBox) (DUEBENDORF-ZURICH, Switzerland, )
Myriad Group AG (SIX: MYRN), a global leader in mobile technology with software in over 2 billion phones, today reported unaudited revenue of USD 31.3 million for the third quarter of 2009. Underlying operating profit (EBITDA) reached USD 5.7 million, or 18.1% of revenue, in the period.

"Myriad's Q3 results confirm again that our increased scale and efficiencies can deliver impressive financial performance," said Simon Wilkinson, CEO of Myriad. "With our strong underlying operating profit and a cash position of more than USD 40 million, we now have a solid foundation to pursue additional growth opportunities."

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.