Synchronica plc (''Synchronica'' or ''the Company''): Expansion Order from #1 Mobile Operator in Russia
ROYAL TUNBRIGE WELLS, England--(Business Wire)--
Synchronica, a leading provider of synchronisation and push email
solutions for mobile operators and device manufacturers, is pleased to
report it has received an order for US$730,000 from MTS. MTS is the
largest mobile operator in Russia and the CIS and was acquired as a
customer through the all share purchase of Axis Mobile Ltd. The
purchase order is for an initial expansion phase and is expected to be
followed by a further, larger expansion order for a second phase.
The new contract is divided into two phases: the first will
provide mobile email for MTS subscribers in the Moscow area, while
phase two rolls-out across the whole of Russia and the CIS making the
service available to MTS's 84 million subscribers. It is anticipated
that expansion purchase orders for both phases will be delivered
during the 2008 financial year.
Under the terms of the contract, Synchronica will provide software
upgrades and customisation of the mobile email solution, SimpleMail, a
product acquired with the recent purchase of Axis Mobile Ltd.
Carsten Brinkschulte, CEO of Synchronica, commented, "This is an
immediate endorsement of our acquisition strategy. Last year we
identified the market potential of Russia, the CIS and Eastern Europe,
where we see the next phase of growth for mobile email. The
acquisition of Axis Mobile Ltd, which complements our own product and
our customer base within the Middle East and Asia, was the natural
result of this thinking. We are very excited to see commercial growth
with the largest operator in the area."
About Synchronica
Synchronica plc develops and markets mobile email and
synchronization solutions for mobile operators and device
manufacturers. Products include the award-winning push email and
synchronization solution Mobile Gateway, and the device backup
solution Mobile Backup. Based on industry-standards, Synchronica can
reach the built-in email and synchronization clients of more than 1.5
billion mobile devices on the market today. Service providers in
emerging and developed markets use Synchronica products to offer
mobile email, PIM synchronization, and backup and restore services to
consumer and business subscribers.
Synchronica recently acquired Axis Mobile Ltd and is set to become
the leading player in mass market mobile email and synchronization
middleware. The enhanced Synchronica Mobile Gateway will offer the
most comprehensive multi-protocol mobile email solution in the market
today introducing Email-to-SMS and Email-to-MMS as well as WAP and
xHTML Gateways. Document Transcoding will add the ability to display a
large variety of attachments, such as Word, Excel, and Powerpoint on
standard feature phones.
Headquartered in England, Synchronica has a development centre in
Germany and presences in the USA, Hong Kong, 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.
Synchronica plc
Carsten Brinkschulet, CEO, +44 (0) 7977 256 406
or
Angus Dent, CFO, +44 (0) 7977 256 347
or
Nicole Meissner, CMO, +44 (0) 7977 256 412
or
FinnCap
Charles Cunningham or Geoff Nash
+44 (0) 20 3207 3213
Copyright Business Wire 2008
