Group-wide Agreement with Tie

RNS Number : 9378I

Synchronica PLC

26 November 2008

 



26 November 2008

Synchronica plc

('Synchronica' or 'the Company')

Synchronica Wins Major Group-wide Agreement with Tier-1 Mobile Operator Group

Synchronica's largest agreement to date makes mobile email available to all subsidiaries of the group covering more than 100 million subscribers

Synchronica plc (AIM: SYNC), the mobile email and synchronisation specialist, is pleased to announce a group-wide agreement with a major mobile operator group (the "Group") providing telecommunication services in Europe and to the rapidly growing emerging markets of Eurasia. The Agreement represents Synchronica's largest contract by number of addressable subscribers as it will make Synchronica's Mobile Gateway available to all subsidiaries of the Group, which has more than 100 million subscribers worldwide.

Synchronica will receive a one-time activation fee of €1 per user, plus an annual subscription fee of up to €2.64 per user plus a yearly support fee of €0.96 per user. Synchronica will also receive fees for professional services relating to integration and customisation.

Synchronica expects the highest take up rate from the Group's operations in emerging markets of Eastern Europe, the CIS and South East Asia. This is primarily due to the low penetration levels of personal computers in these regions, giving the mobile phone a chance of becoming the primary device for sending and receiving emails.

A report published in November 2008 by Pyramid Research predicts that global mobile subscribers will grow from 4.0 billion this year to 5.85 billion in 2013, with emerging markets such as Eastern Europe, the CIS and South East Asia providing 90 percent of that growth. SFN's World Digital Media Trends 2008 has also reported that the CAGR in Eastern Europe by 2010 will be more than three times that in Western Europe, at 9.4 percent and 3 percent, respectively.

Carsten Brinkschulte, CEO of Synchronica plc, said: "We are delighted to have signed a multi-territory deal with a top 10 mobile operator group. This agreement shows that Synchronica plays in the top league of mobile email infrastructure providers worldwide and that we are able to convert our technical leadership into market share. Mobile Gateway is ideally suited to deliver push email to business users and consumers in particular in the rapidly growing emerging markets of Asia, CIS, Africa, Middle-East and Latin America and we are pleased to see this confirmed by a major operator group."

Enquiries:

Synchronica plc	Carsten Brinkschulte, CEO, Angus Dent, CFO,  Nicole Meissner, CMO,	[phone] [phone] [phone]
ICIS Ltd	Tom Moriarty Christian Taylor-Wilkinson 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 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 announced the acquisition of the operating subsidiary of AxisMobile and aims 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. More information is available at www.synchronica.com

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