Substantial contract win will see the handset manufacturer bundling
Mobile Gateway 5 with its MediaTek-based handsets to offer Indian
consumers a BlackBerry-like solution.
Deal underlines Synchronica's strategy of targeting device manufacturers
as well as mobile operators with its advanced mobile messaging
Initial deal value for software licences in excess of US$1 million, plus
at least US$250,000 of service fees during the first year.
Synchronica already has live installations with two of the largest
mobile operators in India (via the iseemedia acquisition - October
ROYAL TUNBRIDGE WELLS, United Kingdom, Jan. 5 /CNW/ - Synchronica plc ("Synchronica") (AIM: SYNC) (TSX Venture: SYN), the
instant messaging and data synchronisation provider, has further
boosted its position in the high-growth Indian mobile market through a
contract win with a "Top Ten" Indian device manufacturer. The device
manufacturer will bundle the white-labelled Synchronica Mobile Gateway
with a number of handsets, enabling consumers in India to experience an
affordable BlackBerry-like service on a range of devices.
The substantial deal will provide Synchronica with a monthly per user
hosting fee, in addition to licence fees and a 12-month support and
maintenance contract. Mobile Gateway will enable the device
manufacturer to provide users with mobile email, calendar/contacts
synchronisation and instant messaging as well as connectivity to social
networking sites and RSS feeds.
Synchronica already has a strong foothold in India; the company signed a
reseller contract back in March 2010 with another Indian device
manufacturer and also has live installations with two of India's
largest mobile operators as a result of the iseemedia acquisition last
India represents a major target market for Synchronica. India's mobile
subscriber base grew by 16.3 million connections during May 2010 to
take the total number of subscribers to 617.5 million, according to
statistics from the Telecom Regulatory Authority of India (TRAI). This
equates to a mobile teledensity of just 52.3 per cent, meaning that the
market will remain a high-growth one for the considerable future.
According to Informa, the value of the cellular non-voice market in
India will exceed US$13.8 billion by 2014, with messaging services
contributing approximately 30 per cent of this total.
Carsten Brinkschulte, CEO of Synchronica, said: "The Indian mobile
market is a fascinating one: mobile teledensity is still only just over
50 per cent, mobile penetration is continuing to grow extremely fast,
prepaid dominates and competition among device manufacturers and mobile
operators is intense. As a result, device manufacturers and mobile
operators in India are turning to value-added suppliers such as us to
differentiate themselves from their competitors. We are pleased to see
our strategy to enable messaging for mass-market device manufacturers
unfold, in particular using the MediaTek platform. As one of the few
companies to provide advanced messaging software that works on any
handset, Synchronica is well placed to continue to win contracts in
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, synchronisation, instant messaging, backup &
restore and mobile connectivity to social networks. Synchronica's
products are white-labelled 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.
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:
|Synchronica plc || || ||Carsten Brinkschulte, CEO || || ||+44 (0) 7977 256 406|
|www.synchronica.com || || ||Angus Dent, CFO || || ||+44 (0) 7977 256 347|
| || || ||Nicole Meissner, COO || || ||+44 (0) 7977 256 412|
|TMX | Equicom || || ||Craig MacPhail || || ||416 815 0700, ext. 290|
| || || || || || ||email@example.com|