Expansion Order From #1 Mobil

RNS Number : 1895D

Synchronica PLC

11 September 2008

 



11 September 2008

Synchronica plc 

("Synchronica" or "the Company")

Expansion Order From #1 Mobile Operator in Russia

Synchronica, a leading provider of synchronisation and push email solutions for mobile operators and device manufacturers, is pleased to report it has received an order for US$730,000 from MTS. MTS is the largest mobile operator in Russia and the CIS and was acquired as a customer through the all share purchase of Axis Mobile Ltd. The purchase order is for an initial expansion phase and is expected to be followed by a further, larger expansion order for a second phase.

The new contract is divided into two phases: the first will provide mobile email for MTS subscribers in the Moscow area, while phase two rolls-out across the whole of Russia and the CIS making the service available to MTS's 84 million subscribers. It is anticipated that expansion purchase orders for both phases will be delivered during the 2008 financial year.

Under the terms of the contract, Synchronica will provide software upgrades and customisation of the mobile email solution, SimpleMail, a product acquired with the recent purchase of Axis Mobile Ltd.

Carsten Brinkschulte, CEO of Synchronica, commented, "This is an immediate endorsement of our acquisition strategy. Last year we identified the market potential of Russia, the CIS and Eastern Europe, where we see the next phase of growth for mobile email. The acquisition of Axis Mobile Ltd, which complements our own product and our customer base within the Middle East and Asia, was the natural result of this thinking. We are very excited to see commercial growth with the largest operator in the area."

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Enquiries

Synchronica plc

Carsten Brinkschulet, CEO                  [phone]

Angus Dent, CFO                                 [phone]

Nicole Meissner, CMO                          [phone]

FinnCap

Charles Cunningham or Geoff Nash    [phone]

Geoff Nash

About Synchronica

Synchronica plc develops and markets mobile email and synchronization solutions for mobile operators and device manufacturers. Products include the award-winning push email and synchronization solution Mobile Gateway, and the device backup solution Mobile Backup. Based on industry-standards, Synchronica can reach the built-in email and synchronization clients of more than 1.5 billion mobile devices on the market today. Service providers in emerging and developed markets use Synchronica products to offer mobile email, PIM synchronization, and backup and restore services to consumer and business subscribers. 

Synchronica recently acquired Axis Mobile Ltd and is set to become the leading player in mass market mobile email and synchronization middleware. The enhanced Synchronica Mobile Gateway will offer the most comprehensive multi-protocol mobile email solution in the market today introducing Email-to-SMS and Email-to-MMS as well as WAP and xHTML Gateways. Document Transcoding will add the ability to display a large variety of attachments, such as Word, Excel, and Powerpoint on standard feature phones. 

Headquartered in England Synchronica has a development centre in Germany and presences in the USA, Hong Kong, and Dubai. 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

 

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