AGM Statement

RNS Number : 9509I

Synchronica PLC

23 June 2011

 



23 June 2011

Synchronica plc

('Synchronica' or 'the Company')

AGM Statement

Synchronica plc, the AIM listed mobile email, instant messaging and data synchronisation provider, will hold its Annual General Meeting (AGM) today at the Company's registered office, Mount Pleasant House, Lonsdale Gardens, Tunbridge Wells, Kent TN1 1NY at 2.30pm BST (9.30am EST). At the meeting Synchronica will provide shareholders with the following trading update:

2010 was a successful year for Synchronica and saw the Company expand its market share as well as recording a number of substantial contract wins and a significant rise in recurring revenues.

We have expanded our global footprint and solidified our position as a leader in the mobile messaging market and in the new financial year we continue to support our partners in a number of launches and to deliver on the many projects that require mass-market push email, instant messaging and social networking to any type of phone.

The Board is pleased that the business continues to perform in-line with management expectation and will continue to update shareholders on our progress throughout the year.

Enquiries:

Synchronica plc	Carsten Brinkschulte, CEO	[phone]
	Angus Dent, CFO	[phone]
www.synchronica.com	Nicole Meissner, COO	[phone]
Northland Capital Partners
(Nominated Adviser)	Shane Gallwey/Rod Venables	[phone]
(Corporate Broker)	Katie Shelton	[phone]
Walbrook PR Limited		[phone]
(media enquiries)	Paul McManus	[e-mail]
(investor enquiries)	Paul Cornelius	[e-mail]

About Synchronica

Synchronica plc is a leading developer of next-generation mobile messaging solutions. Mobile Gateway, Synchronica's flagship product, provides push email, synchronization, instant messaging (IM), and social networking services to any mobile phone currently in use. Synchronica's patented transcoding engine uses advanced streaming to download email attachments and can dramatically reduce the consumption of network bandwidth by as much as 90 percent.

Mobile operators and device manufacturers from emerging and developed markets rely on Synchronica's white-labelled product for providing mass market messaging services across the entire customer base, diversifying revenues and reducing churn. Synchronica's products are used by more than 80 mobile operators worldwide, and provide a one-stop solution for operators and device manufacturers that wish to introduce advanced mobile messaging services to their markets. 

Headquartered in England, Synchronica also maintains a development centre in Germany and the Philippines in addition to a regional presence in Canada, the USA, Hong Kong, Spain, and Dubai. Synchronica plc is a public company traded on the AIM list of the London Stock Exchange (SYNC) and the Venture Exchange of the Toronto Stock Exchange (SYN). For further information, please visit www.synchronica.com

 

END

 

 

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