Purchase order from 'top 10' device manufacturer

RNS Number : 5796C
Synchronica PLC
09 March 2011
 



'Top-10' Device Manufacturer Places Device Certification Order with Synchronica

Highlights:

·      Synchronica receives certification order from a fourth 'top-10' device manufacturer

·      Follows on from a September 2010 mandate from a tier-1 Latin American mobile operator group

·      Synchronica expects to continue receiving orders from new and existing device manufacturers wishing to sell their products to the operator

·      Positive effect on takeup-rate of the Synchronica Instant Messaging service expected as a result of pre-installation and device certification

 

Royal Tunbridge Wells: March 9, 2011. - Synchronica plc, the international provider of next-generation mobile messaging solutions, has received a purchase order from a tier-1 device manufacturer, to certify and license Synchronica's IMPS instant messaging client.

The purchase order follows a September 2010 mandate from a tier-1 Latin American mobile operator group, which requires that device manufacturers certify their native clients or pre-install Synchronica's IM client onto their mobile devices. This is now the fourth 'top-10'  device manufacturer to place an order with Synchronica to satisfy the operator's device certification requirements.  

Synchronica expects to receive further orders in the future from device manufacturers who wish to sell their devices to the operator, in addition to receiving repeat orders as device manufacturers launch new models of their handsets.

With 15 million new subscriptions added during the second quarter of 2010, the Latin American market grew some 28 per cent in 2010, beating the global average of 17.9 percent. The region has overtaken Western Europe to become the second largest mobile market after the Asia-Pacific region, and is acknowledged as a very important high-growth market for device manufacturers. By 2015, almost four out of every ten Latin American subscribers will use mobile broadband services to connect to online resources.

Operators are facing a growing threat from premium device manufacturers who are increasingly marketing device-specific services to establish a direct relationship with end-users. This controversial strategy is increasingly resisted by operators as it dilutes their relationship with the subscriber. Synchronica's IM service provides a vendor-neutral, operator-owned instant messaging system which binds users to the brand and puts the operator back in control of its value-added services portfolio.

Carsten Brinkschulte, CEO of Synchronica, comments: "This is the fourth 'top-10' device manufacturer to certify their products for our award-winning Instant Messaging infrastructure. We are pleased to see top-tier device manufacturers certifying their handset for use with Synchronica's IM platform and we expect a faster take-up rate for the service as a result. The fact that the tier-1 latin American mobile operator group is mandating its device partners to comply with device certification underlines the strategic value of our product, and the success they are realising with it in their markets."

 

For more information, please contact:

 

Synchronica plc

Carsten Brinkschulte, CEO

+44 (0) 7977 256 406

Angus Dent, CFO

+44 (0) 7977 256 347

www.synchronica.com

Nicole Meissner, COO

+44 (0) 7977 256 412

Northland Capital Partners

(Nominated Adviser)

Shane Gallwey/Rod Venables

+44 (0) 207 492 4750

(Corporate Broker)

Katie Shelton

+44 (0) 207 492 4750

Walbrook PR Limited

+44 (0) 20 7933 8780

(media enquiries)

Paul McManus

paul.mcmanus@walbrookpr.com

(investor enquiries)

Paul Cornelius

paul.cornelius@walbrookir.com

 

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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