Synchronica plc
('Synchronica' or 'the Company')
Contract Win with Middle East Operator
Synchronica plc, the AIM listed mobile email and data synchronisation provider, announces that it has received a purchase order from a mobile operator ('the Operator)' in the Middle East for an initial 100,000 user license of its award winning mobile email product Mobile Gateway, as well as a contract for professional services. The initial value of the deal is US$ 162,000.
This contract is Synchronica's first win with a mobile operator in the Middle East and the ninth deal the Company has announced in 2009. It follows on from other operator purchase orders received this year from other fast growing areas of the mobile market such as Eastern Europe, Africa and Latin America.
The Operator, a leading telecommunications business with more than six million subscribers, will use Synchronica's Mobile Gateway technology to offer a push mail service to its subscribers including the new Email-to-SMS and Email-to-MMS functionality of Mobile Gateway version 4. Synchronica's technology requires no additional software client to be downloaded to the handset and enables push email for the broadest range of handsets, from high-end Smartphones to low-cost entry level devices. The installation is expected to be completed in early October, followed by a commercial launch of the service. Synchronica is already in discussions with the Operator to extend the initial order with further licenses.
According to industry specialists GSM Arab World, mobile subscription rates in the Middle East are expected to grow by 15% in 2009 despite the global economic slowdown.
Carsten Brinkschulte, CEO of Synchronica, said, "This deal has been closed by one of our resellers and again demonstrates how our reseller network scales Synchronica's business on a global basis. Our products are particularly attractive in fast growing markets like the Middle East as they work across the entire range of handsets, allowing operators to successfully introduce value added data services to the mass-market."
Enquiries:
Synchronica plc |
Carsten Brinkschulte, CEO Angus Dent, CFO, Nicole Meissner, COO, |
+44 (0) 7977 256 406 +44 (0) 7977 256 347 +44 (0) 7977 256 412 |
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FinnCap |
Charles Cunningham |
+44 (0) 20 3207 3213 |
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Walbrook PR Ltd |
Paul McManus |
+44 (0) 20 7933 8787 +44 (0) 7980 541 893 |
Synchronica plc is a leading provider of industry-standard mobile push email and synchronization solutions. The award-winning product portfolio includes the flagship email and synchronization solution Mobile Gateway, and the device backup solution, Mobile Backup. Mobile operators in emerging and developed markets use Synchronica's white-labelled products to offer their consumer and business subscriber's mobile email, PIM synchronization, and backup and restore services.
Synchronica's Mobile Gateway provides a unique multi-protocol gateway combining Push IMAP, SyncML, Email-to-MMS and Email-to-SMS, delivering push email and synchronization to literally any mobile phone currently in the market today. The device backup solution Synchronica Mobile Backup, also based on industry-standards, reaches the built-in synchronization clients of more than 2 billion mobile phones worldwide, without requiring an additional client to be downloaded.
Headquartered in England, Synchronica also maintains a development centre in Germany, in addition to a regional presence in the USA, Hong Kong and Dubai. Synchronica plc is a public company traded on the AIM list of the London Stock Exchange (SYNC.L). For further information please visit www.synchronica.com.