Synchronica PLC
24 July 2007
24 July 2007
Synchronica plc
('Synchronica' or 'the Company')
Software Licence
Synchronica, an international provider of mobile synchronization and device
management solutions, today announces that it has licensed a core component of
its Mobile Manager Suite to SmartTrust AB ("SmartTrust"), a leader in Mobile
Device Management solutions, for a fee of EUR 800,000. Synchronica will further
support SmartTrust with dedicated engineering resource providing additional
revenues of up to EUR 200,000 per year.
This contract is the largest single transaction in the history of the Company.
It is a milestone in the relationship between Synchronica and SmartTrust, which
began in 2005 when the two companies signed an OEM agreement enabling SmartTrust
to license Synchronica's device management products to its customers, which
include nearly 200 of the world's leading network operators.
Synchronica's Mobile Manager is a modular device management suite offering
complete device lifecycle management for operators, handset manufacturers and
enterprises. It includes modules for client provisioning, an automated hotline
for device diagnosis and repair, backup and restore, an enterprise module for
managing fleets of devices, firmware updates over the air, and the core Sydemas
Engine.
Commenting on the deal, Carsten Brinkschulte, Chief Executive of Synchronica
said: "We are delighted to strengthen our relationship with SmartTrust with the
licensing of the OMA DM component of our Mobile Manager Suite. It is a
significant endorsement of the strength of our industry standard device
management software, as well as our strategy of building long-term relationships
within the industry."
The above is not the OEM agreement for Mobile Gateway with a major hardware
manufacturer previously referred to by the Company. These negotiations remain
ongoing, as are a number of further potential deals.
Enquiries:
Synchronica plc
Carsten Brinkschulte, CEO +44 1892 552 799 / + 44 7977 256 406
Angus Dent, CFO +44 1892 552 760 / + 44 7977 256 347
Corfin Communications
Ben Hunt, Harry Chathli + 44 20 7929 8989
Seymour Pierce
David Newton, Director +44 20 7107 8000
About Synchronica plc
Synchronica plc develops and markets synchronization and device management
solutions for mobile operators, device manufacturers, and enterprises. Its
product portfolio ranges from data synchronization (DS) to device management
(DM) and firmware update over-the-air (FOTA). Products include the mobile device
management product set Mobile Manager Suite and the Push e-mail and
synchronization solution, Mobile Gateway. Headquartered in the UK with a
development centre in Berlin, Synchronica plc is a public company traded on the
AIM listed 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
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