Expansion Order

RNS Number : 7955Q

Synchronica PLC

20 April 2009

 



20 April 2009

Synchronica plc

('Synchronica' or 'the Company')

Mobile Gateway Expansion Order

From Leading Russian Mobile Operator

Synchronica plc (AIM: SYNC), the mobile e-mail and synchronisation specialist, is pleased to announce that it has received two significant expansion orders with a combined value of US$645,000, from one of the largest mobile operators in Russia and the CIS. 

The orders follow the successful promotion, including a TV advertising campaign, of the Synchronica Mobile Gateway service by the operator, which has witnessed an increase in demand for its mobile email and synchronisation solutions. Importantly, take up of these services has been seen across all levels of its subscriber base, from consumers using basic handsets, to the higher-end smartphone prosumers. 

The significant market opportunity that the region represents has been identified in a recent report from Juniper Research which predicts that, along with Brazil, India and China, Russia will contribute to a vast rise in operator-billed mobile data service revenues over the next five years. The report suggests that, in the BRIC economies, this revenue will rise from US$26 billion this year to US$48 billion by 2013, along with an increase in the mobile user base from 1.209 billion to 1.644 billion.

Carsten Brinkschulte, CEO of Synchronica plc, said: "This order further demonstrates that there is a very real market for Mobile Gateway across Russia, the CIS and Eastern Europe. Our solution provides a key differentiator to operators in highly competitive markets, and we see our customers expanding quickly and publicising their use of mobile email in order to protect their subscriber base while generating additional revenues."

Enquiries:

Synchronica plc	Carsten Brinkschulte, CEO, Angus Dent, CFO,  Nicole Meissner, CMO,	[phone] [phone] [phone]
ICIS Ltd	Tom Moriarty Caroline Evans-Jones	[phone]
FinnCap	Charles Cunningham, Geoff Nash	[phone]

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 2 billion mobile devices on the market today. The new email-to-SMS conversion brings email to every mobile phone on the market. 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. 

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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