NEP to Acquire MIRA Mobile Television

August 11, 2014 (Pittsburgh)

NEP announced today that it has entered into a definitive agreement to acquire all assets from Portland-based remote production facilities company, MIRA Mobile Television (MIRA). This transaction, which is expected to be final on or near August 28, 2014, will integrate MIRA into NEP's US Mobile Units operations. MIRA's nine HD mobile production units will join NEP's fleet of over seventy HD units worldwide, and their renowned engineering and support staff will become part of NEP's team of top experts.

MIRA and NEP have had a great relationship over many years. They have a truly talented team and I am excited to have them join NEP, says NEP's CEO Kevin Rabbitt. In addition to their exceptional reputation supporting major national broadcasters, they bring great experience and resources dedicated to supporting regional sports and corporate clients, and will be key to our continued growth in these important markets.

MIRA President, Dale Johannesen, will stay on focusing on developing NEP's business in Canada, further expanding their presence across North America. Frank Coll, director of operations and business development, will continue on with NEP as a senior account manager to oversee key West Coast client accounts. In addition, MIRA GM, Frank Taylor, will continue as part of the team to help with the transition.

Joining NEP will provide a great opportunity for MIRA's clients and employees, who will now have access to NEP's industry-leading pool of support, resources and expertise, adds Dale Johannesen. I am excited that MIRA will become a part of such a dynamic, experienced, and truly international team - especially given our similar cultures centered on delivering excellent client service.

MIRA will join NEP's worldwide network, which includes operations across the United States, United Kingdom and Australia offering solutions for remote production, studio production, video display and host broadcasting. For more information, visit www.nepinc.com.

About NEP

With the world's most advanced equipment, largest fleet of mobile units and global production studios to suit every genre, NEP enables its clients to execute, deliver, and display exceptional productions on any platform around the world. For more than 30 years, NEP has ensured its clients' success by delivering superior service and building lasting relationships with a passion for continuous innovation. NEP's talented staff is committed to acting with integrity and working as a team to deliver comprehensive solutions for remote production, studio production, video display and technical services for host broadcasting that set the global industry standard. For more information, visit www.nepinc.com.

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