Update on OEM Agreement

Synchronica PLC 27 April 2007 Synchronica PLC (the "Company" or "Synchronica") Update on OEM Agreement Further to its announcement of 14 March 2007, Synchronica the mobile e-mail and wireless device management software group, provides an update on the proposed OEM agreement to supply Synchronica Mobile Gateway to a major international hardware vendor. Discussions have reached an advanced stage with agreement on many parts of the proposed transaction and legal documentation has been drafted. However, the final terms of the deal are still being negotiated with a view to achieving the Company's targeted rate of returns in the best interest of shareholders. The Directors continue to discuss the deal with the licensee on a daily basis but negotiations are likely to run on beyond April 2007. However, the Board remains confident that all of the outstanding matters relating to the contract will get resolved. A further announcement will be made as soon as possible. Enquiries: Synchronica plc Carsten Brinkschulte, CEO +44 (0) 1892 552 799 Angus Dent, CFO +44 (0) 1892 552 760 Corfin Communications Ben Hunt, Harry Chathli +44 (0) 20 7929 8989 Seymour Pierce Limited David Newton, Director Corporate +44 (0) 20 7107 8000 Finance This information is provided by RNS The company news service from the London Stock Exchange
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