Purchase order from tier-1 device manufacturer

RNS Number : 7833D

Synchronica PLC

29 March 2011

 



29 March 2011

Tier-1 Device Manufacturer Licenses Synchronica's Windows Live Messenger (WLM) and Yahoo! Messenger Client

·     First order to use the acquired Neustar NGM technology.

·     Tier-1 handset manufacturer will pre-install Synchronica's Java-based client onto its devices, and will pay royalties based on device shipments.

·     First order within one month of the acquisition validates Synchronica's strategy.

Royal Tunbridge Wells, 29 March, 2011 - Synchronica plc, the international provider of next-generation mobile messaging solutions, has received a purchase order from a tier-1 mobile phone manufacturer. The manufacturer, which shipped more than 100 million devices last year, is the first customer to place a new order for this technology since Synchronica's acquisition of the Neustar NGM assets in February 2011.

Synchronica will license its Java-based instant messaging client providing multi-headed access to Windows Live Messenger (WLM) and Yahoo! Messenger for one of the manufacturer's new handsets. Synchronica receives professional services revenues and royalties based on device shipments.

Synchronica signed an agreement on 2 February 2011 to acquire the customer contracts, accounts, intellectual property, patents and software, and all other associated assets from Neustar NGM Services Ltd. The acquisition was designed to accelerate Synchronica's entry into next generation RCS messaging, and also provide a springboard for Synchronica to expand its market focus to include prospects operating in developed markets.

Synchronica intends to continue to support Neustar NGM's open standards-based IM technology and plans to integrate key elements of the software into Synchronica's award-winning Mobile Gateway infrastructure software. Synchronica will also propose a roadmap to existing customers which will see them transition to Synchronica Mobile Gateway, and extend their range of services from IM to push Email, Synchronization and Social Networking.

Carsten Brinkschulte, CEO of Synchronica, comments: "We're pleased to have received an order so quickly after acquiring Neustar NGM's assets. We are excited about the increase in business with device manufacturers and the takeup-rate of our instant messaging services resulting from pre-installation of our products on mass-market handsets. Our relationship with Tier-1 handset manufacturers demonstrates the strengthened position of Synchronica in this market and provides substantial synergy with our rapidly expanding operator customer base."

For more information, please contact:

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.

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

 

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