US$ 1.05m contract win in Ind

RNS Number : 2703I

Synchronica PLC

09 March 2010

 



Synchronica plc

('Synchronica' or 'the Company')

US$ 1.05m contract win with distributor for major Indonesian operator

Synchronica plc, the AIM listed mobile email, instant messaging and data synchronisation provider, announces that it has signed its biggest contract to date for Mobile Gateway with a distributor for one of Indonesia's largest mobile operators, worth US$ 1.05m for 300,000 devices over a period of 12 months.

Under the terms of the contract, the distributor will sell Synchronica's award winning Mobile Gateway product bundled with mobile phones from Nokia, Sony Ericsson, Samsung, Motorola and LG, as well as MessagePhones, in the carrier´s mobile phone shops to provide push email, synchronisation and instant messaging services.

Indonesia, the fourth most populous country after China, India and the US, has approximately 160 million mobile phone users, nearly two thirds of the population. The country's three largest mobile operators have between 29 and 80 million subscribers each. As only 10% of Indonesians have access to the Internet, Synchronica believes that the mobile phone can become the primary tool for accessing the Internet, email and instant messaging and thus expects a successful takeup for the Mobile Gateway service.

According to Business Monitor International's latest Telecommunications Report for Q2 2010, the total number of mobile subscribers in Indonesia is expected to rise to 360 million by 2014, reaching a penetration rate of 144%. The report also forecasts that the number of 3G users will grow by 28.4% to 12 million in 2010, which will account for 5.8% of the total mobile subscriber base as operators are driving up investments in 3G, a result of the low tariffs assigned to their 2G services.

Synchronica's Mobile Gateway technology continues to provide push email and mobile synchronisation services and has recently been expanded to include instant messaging, news feeds and access to popular social networking sites. Synchronica's industry-standard technology requires no additional software client to be downloaded to the handset and enables push email for the broadest range of handsets, from high-end Smartphones to low-cost entry level devices.

Carsten Brinkschulte, CEO of Synchronica, said, "This contract demonstrates Synchronica's growing footprint in Asia and the competitive strength of our product in emerging markets. Demand for Internet access is rising in key emerging markets such as Indonesia and with the lack of low cost PCs, the mobile phone is quickly becoming the primary device for Internet access. The scale of this contract shows the potential and growing attractiveness of our products to operators who want to retain customers and increase revenues by offering attractive mass-market data services on the entire device spectrum, from high-end devices to low-end basic phones.

Enquiries:

Synchronica plc www.synchronica.com	Carsten Brinkschulte, CEO Angus Dent, CFO, Nicole Meissner, COO,	[phone] [phone] [phone]
FinnCap	Clive Carver , Nomad	[phone]
	Charlotte Stranner, Corporate Finance	[phone]
	Stephen Norcross, Corporate Broker	[phone]
Walbrook PR Ltd	Paul McManus	[phone] [phone] [e-mail]

About Synchronica

Synchronica plc is a leading developer of next-generation mobile messaging solutions based on open industry standards. The award-winning product portfolio includes the flagship product Mobile Gateway, providing push email, synchronization, instant messaging, backup & restore and mobile connectivity to social networks. Synchronica's products are white-labeled and offered by mobile operators in emerging and developed markets to provide mass-market messaging services, increasing data revenues and reducing churn.

Synchronica's Mobile Gateway provides a unique multi-protocol gateway combining Push IMAP, SyncML, ActiveSync, Email-to-MMS and Email-to-SMS, delivering push email and synchronization to literally any mobile phone currently in the market without requiring an additional client to be downloaded. Expanding Instant Messaging to mobile devices, Mobile Gateway establishes carrier-branded IM communities using the industry-standard XMPP and provides gateways to popular Internet IM communities connecting any IMPS enabled handset.

Headquartered in England, Synchronica also maintains a development centre in Germany, in addition to a regional presence in the USA, Hong Kong and Dubai. Synchronica plc is a public company traded on the AIM list of the London Stock Exchange (SYNC.L). For further information please visit www.synchronica.com.

 

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