New Contract with European Op

RNS Number : 7009D

Synchronica PLC

18 September 2008

 



18 September 2008

Synchronica plc

('Synchronica' or 'the Company')

Synchronica Wins Contract with Mobile Operator in Belgium

Agreement is the second sell-through of acquired AxisMobile technology 

Synchronica plc (AIM: SYNC), the mobile e-mail and synchronisation specialist, is pleased to announce a licensing agreement for its push e-mail software with a mobile operator ("Operator") in Belgium. 

Under the terms of the agreement, the Operator will pay Synchronica a recurring license fee of €0.34 per subscriber per month with an initial minimum number of agreed licences. In addition, the Operator will pay €200,000 for setup and customisation plus a hosting fee of €3,000 per month, increasing with the number of subscribers.

Synchronica will offer a simple and user friendly mobile email solution based on WAP and xHTML for a wide variety of mass market devices without requiring an additional software client to be installed on the device. Features included in Synchronica's offering are a tri-lingual web portal in Dutch, French and English, mobile registration and customer self-care, consumer backends and document transcoding.

The Operator is a subsidiary of a pan-European mobile operator group and represents Synchronica's second contract with the group. The agreement marks the second sell-through of products adopted with the acquisition of the operating subsidiary of AxisMobile announced in August 2008. 

The market for mobile Internet solutions holds significant opportunities for continued and sustained development on a global scale. Forrester predicts that consumer mobile email will generate revenues of €1.15 billion in Europe by 2008, and by 2009 the worldwide mobile email market is projected to reach a value of $3.5 billion according to Strategy Analytics.

Carsten Brinkschulte, CEO of Synchronica plc, said: "This is the fourth contract we have signed in three months and we are delighted to add to Synchronica's growing portfolio of customers. Significantly, this is the second contract based on technology we recently acquired with AxisMobile, demonstrating the revenue potential and the additional benefits the acquisition brings to the Synchronica and our customers."

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 center in Germany and presences in the USA, Hong Kong, and Dubai. More information is available at www.synchronica.com

 

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