Stmnt re Share Price Movement

Synchronica PLC
15 March 2007


For release: 15 March 2007


                                Synchronica plc
                        ("Synchronica" or the "Company")


The Board of Synchronica notes recent speculation and the share price movement. 
The Board confirms that it is currently considering raising additional funds.

The Company announced on 18 January that, following the signing of a non-binding 
Memorandum of Understanding to provide a major international hardware 
manufacturer with an OEM agreement for Synchronica Mobile Gateway, both parties 
were targeting to complete contracts by 31 March 2007. This remains the target 
of both parties and draft contracts are being prepared; these are expected to be
agreed over the next few weeks. However, given the size and complexity of the 
company Synchronica is contracting with, it is possible that, although a delay 
is not currently anticipated, the contract will be signed in April 2007.

The Board will use the additional funds raised to secure the Company's future 
and derive maximum revenue from the contract as soon as possible after signing. 
The Company intends to hire additional sales, presales and technical staff 
to better support the above customer, and others, throughout the sales cycle 
and in the further development of the products.

For further information:

Carsten Brinkschulte
CEO, Synchronica plc
Tel: [phone]
Mob: [phone]

Angus Dent
CFO, Synchronica plc
Tel: [phone]
Mob: [phone]




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