ROYAL TUNBRIDGE WELLS, United Kingdom, Dec. 17 /CNW/ - Synchronica plc
("Synchronica") (AIM: SYNC) (TSX Venture: SYN), the international
provider of next-generation mobile messaging services, has added to its
success in the fast-growing CIS region by receiving a purchase order
for deployment of its carrier-grade IMPS mobile Instant Messaging
infrastructure software with the Russian subsidiary of a pan-European
mobile operator group.
Synchronica has received a purchase order from the Russian subsidiary of
a large pan-European mobile operator group.
This first customer win through the reseller agreement with Acision, a
global leader in messaging infrastructure, underlines scalability of
Synchronica's reseller network.
The operator will launch an Instant Messaging (IM) service based on
Synchronica's carrier-grade IMPS infrastructure software.
This deal cements Synchronica's strong position in Russia, where two of
the country's top three mobile operators already use Synchronica's
With the initial order, the operator purchased professional services and
licenses worth $246,000 (U.S.). In addition, the operator will pay
Synchronica a recurring service fee based on the registered user base
each month. This is the first purchase order that Synchronica has
secured in concert with its new global reseller partner, Acision.
The operator is part of a pan-European mobile operator group which owns
GSM licenses across 37 Russian regions, and covers an addressable
population of approximately 61 million. This purchase order represents
Synchronica's first deal with a subsidiary of the group. The operator
will use Synchronica's IMPS infrastructure to offer their own
carrier-branded Instant Messaging service to their 18 million
subscribers, in addition to providing access to mainstream IM
communities. Synchronica is scheduled to deliver the service in early
2011, with the Operator launching shortly thereafter.
With its messaging infrastructure products already being used by two of
the country's top three operators, Synchronica is becoming a strong
player in the Russian mobile market. Synchronica's IMPS technology
enables operators to provide a complete, scalable and OMA
standards-compliant service which subscribers can connect to from
IMPS-enabled handsets. This appealing, carrier-branded service acts as
a churn inhibitor, because defecting to a rival carrier would mean the
loss of a customer's mobile IM identity.
Portio Research expects that by 2012, there will be 867 million
worldwide mobile IM users generating $12.4 billion in revenues. Mobile
IM is still in its infancy stage in Russia, according to Visiongain,
but has been widely accepted, especially amongst the youth segment.
Carsten Brinkschulte, CEO of Synchronica, said, "We are pleased to
secure this deal in collaboration with our new partner Acision,
demonstrating again the strategic importance of our global reseller
network. With Synchronica's solutions already being used by two of
Russia's top three operators, we are now in the pole position of this
important market. We're committed to using our experience to help our
new customer launch an innovative, popular and indeed lucrative
'churn-busting' IM service."
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.
The foregoing information may contain forward-looking statements
relating to the future performance of Synchronica plc. Forward-looking
statements, specifically those concerning future performance or
results, are subject to certain risks and uncertainties, and actual
results may differ materially from Synchronica's plans and
expectations. These plans, expectations, risks and uncertainties are
detailed herein and from time to time in the public filings and
announcements made by Synchronica, including those made with AIM, a
market of the London Stock Exchange, with the TSX Venture Exchange or
with securities regulators. Synchronica does not assume any obligation
to update or revise its forward-looking statements, whether as a result
of new information, future events or otherwise.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority
has approved or disapproved the information contained herein.
SOURCE Synchronica plc
For further information: For further information:
|Synchronica plc |
|Carsten Brinkschulte, CEO |
Angus Dent, CFO
Nicole Meissner, COO
|+44 (0) 7977 256 406|
+44 (0) 7977 256 347
+44 (0) 7977 256 412
|TMX | Equicom ||Craig MacPhail ||416 805 0700, ext. 290|