Acquisition of Assets

Synchronica PLC 25 October 2007 25 October 2007 Synchronica PLC ("Synchronica" or the "Company") Acquisition of Assets Further to our announcement of 17 August 2007, Synchronica plc (AIM: SYNC.LN), the mobile synchronisation and device management company, announces that it has exercised its option to acquire substantially all intellectual property (IP) assets and license contracts of David Rauschenbach t/a GoodServer, a provider of e-mail enablement and integration technologies. As previously stated, Synchronica bought an option to 31st October 2007 (the "Call Option") to acquire the IP assets. The consideration for the Call Option was £75,000 satisfied in cash. Synchronica has now exercised the Call Option for a consideration of £125,000 payable in cash plus £300,000 payable in 3,870,968 new ordinary shares of 1p each at a price of 7.75p per share ("Consideration Shares"). The Considerations Shares, which will rank pari passu with the existing ordinary shares, are expected to commence trading on 31 October 2007. The IP acquired is an integral part of Synchronica's Mobile Gateway, the Push Email and synchronisation solution, enabling mobile email for mass-market mobile phones. Under the terms of the agreement, Synchronica will be the sole owner of GoodServer's IP and will have the benefit arising from all licenses previously granted. Licensees of GoodServer's IP include industry players such as Nokia Intellisync, AxisMobile, Teamware, Cisco and others. Carsten Brinkschulte, CEO of Synchronica said: "This acquisition marks another important step for Synchronica. We have substantially strengthened and secured our intellectual property position and no longer depend on any third parties when licensing our products. Our recent deals with Sun Microsystems Inc and SmartTrust AB have verified that our intellectual property is one of Synchronica's key assets which can lead to substantial business for the Company. We intend to continue and develop the relationship with existing licensees of GoodServer's IP and to offer licenses to other major players in the industry". Enquiries: Synchronica plc Carsten Brinkschulte, CEO +44 (0) 1892 552 799 +44 (0) 7977 256 406 Angus Dent, CFO +44 (0) 1892 552 760 +44 (0) 7977 256 347 Nicole Meissner, CMO +44 (0) 1892 552 780 +44 (0) 7977 256 412 Seymour Pierce Limited David Newton, Parimal Kumar +44 (0) 20 7107 8000 Corfin Communications Harry Chathli, Alexis Gore +44 (0) 20 7977 0020 About Synchronica Synchronica plc develops and markets industry standard synchronisation and device management solutions for mobile operators, device manufacturers, and enterprises. Its product portfolio ranges from data synchronization (DS) to device management (DM) and firmware update over the air (FOTA). Products include the mobile device management suite Mobile Manager and the Push Email and synchronization solution Mobile Gateway. Headquartered in the UK with a development centre in Germany, and offices in Hong Kong, US 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. About Synchronica Mobile Gateway Synchronica's Mobile Gateway is a carrier-grade middleware solution providing push e-mail and synchronisation services. Based on the open industry standards SyncML and IMAP, Mobile Gateway is compatible with a wide range of mobile devices from leading device manufacturers, such as Nokia, Sony Ericsson, Motorola, and Apple, without requiring additional client software to be installed on the device or behind the firewall. Today more than 400 device models and 1.3 billion devices support the industry standard. Synchronica offers Mobile Gateway to operators, device manufacturers, and enterprises, enabling their mobile users to send and receive email from consumer mailboxes (AOL, Gmail, and others), as well as to synchronise their calendar and contact data with business systems like Microsoft Exchange, Lotus Domino, and Sun Java Communications Suite. About GoodServer GoodServer, founded by David Rauschenbach in 1996 is a provider of e-mail enablement and integration technologies. Key products include IMAP4 Server SDK, POP3 Server SDK and SMTP Server SDK which provide complete implementations of the dominant industry standard protocols used to send and receive Email and AGMS which is GoodServer's second-generation e-mail middleware server and integration platform. This information is provided by RNS The company news service from the London Stock Exchange
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