Synchronica PLC - Share Placing

RNS Number:8373L
Synchronica PLC
15 January 2008

15 January 2008

Synchronica PLC
("Synchronica" or the "Company")

Placing of 30 million new ordinary shares to raise £1.875million

Synchronica (AIM: SYNC) is pleased to announce that it has raised £1.875
million, before expenses, via a placing of 30,000,000 new Ordinary Shares of 1p
each at a price of 6.25p per share to Lanstead Partners L.P. as announced in the
EGM Notice on 26 October 2007.

In addition, as previously announced in the EGM Notice of 26 October 2007,
Synchronica will enter an equity swap to retain over the next twenty four months
much of the economic value of the shares issued. The Company will also issue and
allot 3,000,000 new Ordinary Shares of 1p each in lieu of fees for setting up
the equity swap.

The shares are expected to commence trading on 16 January 2008. The total number
of shares in issue and therefore the total number of voting rights upon
admission of the 33,000,000 ordinary shares will be 117,021,049 ordinary shares.

The proceeds of the placing will be used to provide additional funds to further
develop the Company's business and in particular to provide sufficient working
capital to enable the Company to fully support existing and new users of its
software and to add new features to its software to ensure the Company remains
competitive.
Enquiries:

Synchronica plc
Carsten Brinkschulte, CEO +44 (0) 1892 552 799
+44 (0) 7977 256 406
Angus Dent, CFO +44 (0) 1892 552 760
+44 (0) 7977 256 347
Nicole Meissner, CMO +44 (0) 1892 552 780
+44 (0) 7977 256 412

Seymour Pierce Limited
David Newton +44 (0) 20 7107 8000
Parimal Kumar

Corfin Communications
Neil Thapar, William Cullum, +44 (0) 20 7977 0020
Alexis Gore

About Synchronica

Synchronica plc develops and markets industry standard synchronisation and
device management solutions for mobile operators, device manufacturers, and
enterprises. Its product portfolio ranges from data synchronization (DS) to
device management (DM) and firmware update over the air (FOTA). Products include
the mobile device management suite Mobile Manager and the Push Email and
synchronization solution Mobile Gateway. Headquartered in the UK with a
development centre in Germany, and offices in Hong Kong, US and Dubai.
Synchronica plc is a public company traded on the AIM list of the London Stock
Exchange (SYNC.LN). More information is available at www.synchronica.com.

About Synchronica Mobile Gateway

Synchronica's Mobile Gateway is a carrier-grade middleware solution providing
push e-mail and synchronisation services. Based on the open industry standards
SyncML and IMAP, Mobile Gateway is compatible with a wide range of mobile
devices from leading device manufacturers, such as Nokia, Sony Ericsson,
Motorola, and Apple, without requiring additional client software to be
installed on the device or behind the firewall. Today more than 400 device
models and 1.3 billion devices support the industry standard.

Synchronica offers Mobile Gateway to operators, device manufacturers, and
enterprises, enabling their mobile users to send and receive email from consumer
mailboxes (AOL, Gmail, and others), as well as to synchronise their calendar and
contact data with business systems like Microsoft Exchange, Lotus Domino, and
Sun Java Communications Suite.

About Lanstead Partners L.P.

Lanstead provides equity capital to assist publicly listed companies in meeting
their objectives. More information is available at www.Lanstead.com.

This information is provided by RNS
The company news service from the London Stock Exchange

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