1 February 2010
Synchronica plc
('Synchronica' or 'the Company')
Trading Update
Synchronica plc, the AIM listed mobile email and data synchronisation provider, announces the following update on trading for the 12 months ended 31 December 2009.
In the second half of the year Synchronica won new contracts with eight mobile operators for its award winning Mobile Gateway push email product, bringing to thirteen the total number of operators signed up in 2009. All contracts are in the Company's target market of developing countries.
As previously announced the Company is awaiting final documentation for a major order delivered at the end of December. On the assumption that this documentation is received, the Company expects that revenue for the year to 31st December 2009 will be broadly in line with market expectations at around £4.5m.
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 7600 1658 |
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Stephen Norcross |
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Walbrook PR Ltd |
Ben Knowles |
+44 (0) 20 7933 8788 +44 (0) 7900 346 978 |
About Synchronica
Synchronica plc is the leading developer 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.