Share Placing

Synchronica PLC
20 February 2008


20 February 2008

                                Synchronica PLC
                        ('Synchronica' or the 'Company')
                                        
        Placing of 28.5 million new ordinary shares to raise £2.0million

Synchronica (AIM: SYNC) is pleased to announce that it has raised £2.0 million, 
before expenses, via a placing of 28,571,429 new ordinary shares of 1p each 
("Placing Shares") at a price of 7p per share ("Placing Price") with private 
and institutional investors (the "Placing"). The funds raised will be used for 
working capital and in particular to expand Synchronica's sales and marketing 
capabilities in emerging markets in order to capitalize on the outstanding 
opportunity presented by fundamental changes in the capabilities of mobile 
telephony.

The Placing expands the Company's investor base, as two institutions new to 
Synchronica have invested. Additionally, management has further demonstrated its 
commitment to the Synchronica story by deepening its investment in the Company. 
Carsten Brinkschulte, Synchronica's CEO, has subscribed for 285,714 shares as 
part of the Placing, bringing his personal holding to 762,136 shares, 
representing 0.52 % of the issued share capital on admission of the Placing 
Shares. This is on top of recent share purchases by Directors in January.

Commenting on the placing, Mr Brinkschulte said: "The new funds will enable 
Synchronica to take advantage of the exceptional opportunities for our products, 
especially in the emerging markets. In these countries, mobile phones are 
becoming powerful tools for economic development. They are changing from simple 
devices that just make calls to more useful tools that can give access to the 
Internet and key services, such as email, to millions of people. Synchronica's 
Mobile Gateway 3.5 software is geared to the specific requirements of emerging 
markets and can deliver email to over 3 billion phones worldwide. It has the 
capacity to improve lives around the world as it will help people to connect and 
develop their businesses."

Use of Proceeds

The funds raised from the Placing will be used to:

•   provide working capital;

•   strengthen the balance sheet to demonstrate financial stability and
    ability to execute to operators, device manufacturers and OEM partners;

•   expand Synchronica's sales function to better handle the strong
    pipeline of potential customers and to secure additional orders;

•   invest in product development to further improve the Company's
    competitive position;

•   increase numbers of support and pre-sales staff to better serve
    customers and OEM partners; and

•   continue the successful and cost-effective marketing strategy in
    order to generate additional prospects.


Update on trading

Synchronica had a very successful GSMA Mobile World Congress exhibition,
generating significant interest for its products from both potential OEM
partners and network providers. The Company expects some of this interest to
convert in to solid orders and is in active discussions regarding a number of
important opportunities. Synchronica recently signed an important global
distribution deal with Brightstar, a global leader in distribution and supply
chain solutions for the mobile industry, for the distribution of its
award-winning mobile push email and synchronization technology, Mobile Gateway.

Synchronica will provide further information on customer wins in due course and
is pleased to announce that trading for the year ended December 2007 was in line
with market expectations. The Company will, subject to audit, report revenue of
£2.1million for the year ended December 2007, double that for 2006, and a much
reduced loss before tax of £3million for 2007, down from a loss before tax of
£5.7million in 2006. Following the Placing the Directors believe that the
Company has sufficient cash to meet its present needs. Results for the year are
expected to be announced in early May 2008.

The Placing Shares are expected to commence trading on 25 February 2008. The 
total number of shares in issue and therefore the total number of voting rights 
upon admission of the 28,571,429 Placing Shares will be 145,592,481 
ordinary shares.

Enquiries:

Synchronica plc  Carsten Brinkschulte, CEO, Angus Dent,     [phone]
                 CFO,
                 Nicole Meissner, CMO                       [phone]
                                                            [phone]

Corfin
Communications   Neil Thapar, William Cullum, Alexis Gore   [phone]

Seymour Pierce   David Newton, Parimal Kumar                [phone]



About Mobile Gateway

Synchronica's Mobile Gateway provides carrier-grade push email and
synchronization services for virtually all mass market feature phones and
smartphones being used by subscribers today. Based on the dominant open industry
standards Push IMAP (LEMONADE) for mobile email and SyncML (OMA DS) for contact
and calendar synchronization, it works with the built-in Email and
synchronization clients found in more than 1.5 billion phones. The new Email to
SMS functionality expands its reach to virtually every phone in use today.
Serving consumers and prosumers, Mobile Gateway includes back-end support for
POP3 and IMAP mailboxes, connecting to popular services such as AOL or Google
Mail. For business users, it provides a unique zero footprint architecture where
users simply register their devices and instantly start to receive corporate
email on their phone without requiring additional connectors behind the
firewall. Business mailboxes supported include Microsoft Exchange, Lotus Domino
and Sun Communications Suite.


About Mobile Backup

Synchronica's Mobile Backup solution includes support for SyncML (OMA DS) for
backing up and restoring contact and calendar data on the majority of mobile
phones in the market today. It also features an automatic provisioning module
(OMA CP) that enables remote, over-the-air automated setup of the service for
subscribers.


About Synchronica

Synchronica plc develops and markets industry standard mobile email and
synchronization solutions for the vast majority of devices in the market today.
Mobile operators, device manufacturers and service providers in emerging and
developed markets use Synchronica products to offer mobile email, PIM
synchronization and backup & restore services to their consumer and corporate
customer base. Products include the push email and synchronization solution
Mobile Gateway and the mass-market device backup solution Mobile Backup.
Headquartered in the UK with a development centre in Germany and a presence in
Hong Kong, Dubai and U.S. Synchronica plc is a public company traded on the AIM
list of the London Stock Exchange (SYNC.LN). More information is available at
www.synchronica.com.






                      This information is provided by RNS
            The company news service from the London Stock Exchange