Synchronica plc
('Synchronica' or 'the Company')
Result of General Meeting
Synchronica plc, the AIM listed mobile email, instant messaging and data synchronisation provider, announces that all Resolutions proposed at the General Meeting held today were duly passed. The passing of the Resolutions enables the purchase of Colibria's IMPS business (the "Acquisition") as detailed in the announcement dated 31 March 2010 to proceed.
David Mason, Chairman, commented:
"The purchase of Colibria's Instant Messaging software is highly complementary to Synchronica's mobile email and synchronization suite and gives us increased advantage in the rapidly expanding market for mobile messaging software. Also, the contracts acquired from Colibria give us access to key clients in high growth areas, including Latin America, Africa and CIS."
Further details of the Resolutions and the Acquisition are set out in the circular published by Synchronica and sent to shareholders on 31 March 2010.
It is expected that the Acquisition will complete on 22 April 2010 and the Placing and Initial Consideration Shares will start trading on that day.
Enquiries:
Synchronica plc
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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 |
Clive Carver , Nomad |
+44 (0) 20 7600 1658 |
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Charlotte Stranner, Corporate Finance |
+44 (0) 20 7600 1658 |
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Stephen Norcross, Corporate Broker |
+44 (0) 20 3207 3211 |
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Walbrook PR Ltd
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Paul McManus |
+44 (0) 20 7933 8787 +44 (0) 7980 541 893 |
About Synchronica
Synchronica plc is a leading developer of next-generation mobile messaging solutions based on open industry standards. The award-winning product portfolio includes the flagship product Mobile Gateway, providing push email, synchronization, instant messaging, backup & restore and mobile connectivity to social networks. Synchronica's products are white-labeled and offered by mobile operators in emerging and developed markets to provide mass-market messaging services, increasing data revenues and reducing churn.
Synchronica's Mobile Gateway provides a unique multi-protocol gateway combining Push IMAP, SyncML, ActiveSync, Email-to-MMS and Email-to-SMS, delivering push email and synchronization to literally any mobile phone currently in the market without requiring an additional client to be downloaded. Expanding Instant Messaging to mobile devices, Mobile Gateway establishes carrier-branded IM communities using the industry-standard XMPP and provides gateways to popular Internet IM communities connecting any IMPS enabled handset.
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.