Myriad Tops 50 Million Users with its MSNGR Chat service

Myriad strengthens leadership position in Latin America

ZURICH, (PresseBox) - Myriad Group AG (SIX Swiss Exchange: MYRN) the company creating and connecting communities across mobile, today announced that it has seen significant continued growth in its MSNGR chat service with total registered subscribers jumping from 38 million in Q4 2013 to 50 million in Q1 2014, a 24 per cent increase.

Myriad MSNGR Chat traffic on the service also continued to grow as the service further cemented its position as the largest chat service operating in the Latin America region.

Stephen Dunford, CEO of Myriad Group AG, commented: "Continued growth, building on our excellent Q4 figures, is clear evidence that our strategy is taking effect and underscores our focus on establishing the MSNGR chat service in Latin America. As we look to the rest of 2014 we will add new services and expand the reach of MSNGR globally."

Myriad Group AG

Myriad delivers consumer applications, messaging solutions, and embedded software to leading OEMs, mobile operators, and pay TV providers worldwide.

Our messaging services deliver instant messaging and social networking to tens of millions of users in Latin America, Asia and Africa. Working with some of the world's most successful mobile phone operators, Myriad's market leading chat application, MSNGR, enables consumers to connect to friends and family for free across feature phones as well as smartphones. Our Updates service, provided over USSD through our collaboration with Facebook and Twitter enables users without data plans to connect to the social networks and chat services they want to reach in a simple and affordable way. In many cases, Myriad's services are providing users with their first experience of the Internet.

Our market proven and innovative connected home solutions are found in billions of mobile phones and tens of millions of set-top boxes and Blu-ray players.

We operate worldwide, with offices in Switzerland, UK, France, USA, Mexico, India, UAE, China, Japan. Headquartered in Zurich, Switzerland, Myriad is listed on the SIX Swiss Exchange (SIX Symbol: MYRN).

For more information please visit our website: www.myriadgroup.com. You can also follow us on twitter @MyriadGroup, and view our YouTube Channel - YouTube.com/myriadgroupmarketing.

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