Framework agreement with tier

RNS Number : 4443U

Synchronica PLC

15 October 2010

 

15 October 2010

Synchronica plc

Group-wide framework agreement with tier-1 mobile operator

Synchronica plc ("Synchronica" or "the Company"), the international provider of push email, instant messaging and social networking services, announces that further to the trading update of 16 March 2010 it has now received the relevant counter-signatures and purchase orders from a pan-African operator group ("the Operator").

The Operator has signed a group-wide framework agreement for Synchronica Mobile Gateway covering all subsidiaries in Africa and issued purchase orders worth US$ 752,000 for professional services and initial licenses required for a pilot launch. Synchronica expects the Operator to launch Mobile Gateway shortly across all subsidiaries and expects expansion orders for further licenses in due course.

According to the Ernst and Young study, 'Africa connected - A telecommunication's growth' story, the African region is one of the fastest-growing mobile markets globally. Historical under-investment in telecommunications has rendered fixed line telecommunications largely insignificant, and average mobile penetration across the continent stands at 37%, expected to rise to 61% by 2012. Demand for mobile data services in the continent will continue to gain in popularity.

Commenting on the contract, Carsten Brinkschulte, CEO of Synchronica, said: "We are very pleased to have finally completed this deal. We look forward to a successful product rollout in Africa and have the opportunity to introduce our sought after push email, instant messaging and social networking services across the enlarged group."

Enquiries:

Synchronica plc www.synchronica.com	Carsten Brinkschulte, CEO Angus Dent, CFO Nicole Meissner, COO	[phone] [phone] [phone]
finnCap	Clive Carver , Nomad Charlotte Stranner, Corporate Finance Stephen Norcross, Corporate Broker	[phone] [phone] [phone]
Walbrook PR Ltd	Paul McManus	[phone] [phone] [e-mail]

About Synchronica plc

Synchronica plc is a leading developer of next-generation mobile messaging solutions based on open industry standards. The award-winning product portfolio includes the flagship product Mobile Gateway, providing push Email, synchronization, instant messaging (IM), backup and restore, and mobile connectivity to social networks. Synchronica's products are white-labelled and offered by mobile operators and device manufacturers in emerging and developed markets to provide mass market messaging services, increasing data revenues and reducing churn.

Synchronica Mobile Gateway provides a unique multi-protocol gateway combining Push IMAP, SyncML, ActiveSync, Email-to-MMS, and Email-to-SMS, delivering messaging services to literally any mobile phone currently in the market without requiring an additional client to be downloaded. Expanding instant messaging to mobile devices, Mobile Gateway establishes carrier-branded IM communities, using the industry standard XMPP and provides gateways to popular internet IM communities, connecting any IMPS-enabled handset.

Headquartered in England, Synchronica also maintains development centres in Germany and the Philippines in addition to a regional presence in the USA, Hong Kong, Madrid 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.

 

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