Royal Tunbridge Wells (PRWEB) July 3, 2010
Synchronica plc, the AIM-listed mobile email, instant messaging, and data synchronization provider, announces that it has sold a large number of licenses for Mobile Gateway to a multinational operator group in Latin America. The contract has been secured through Synchronica's distributor, Brightstar Corp., with the initial license volume worth USD 1.25 million recognizable in the first half of 2010. The company also announces it has received its first purchase order through its global reseller agreement with Nokia Siemens Networks for a mobile operator in North Africa. Further, the company has received a purchase order for Mobile Gateway licenses worth USD 1.09 million recognizable in the first half of 2010 from a device manufacturer targeting Indonesia, following a contract announced in March of this year. Finally, the company received two purchase orders for a total of 100,000 annual licenses from a device manufacturer targeting to sell its devices bundled with Mobile Gateway to operators in India.
USD 1.25 Million Contract Secured Through Brightstar Corp. for Latin America
The contract and license order is for a tier one, multinational operator group in Latin America for a large number of Mobile Gateway 4.1 licenses. The initial license order is worth USD 1.25 million to be recognized in the first half of 2010, with further orders, professional services, and support services expected to follow.
As a leading provider of mobile services in Latin America, the operator has experienced strong growth of its subscriber base between 2009 and 2010. In 2009, mobile phone subscriptions in Latin America experienced growth of 10.9 percent and are forecast to increase a further 8.2 percent in 2010.
Synchronica's Mobile Gateway provides push email and mobile synchronization services and has recently been expanded to include instant messaging, news feeds, and access to popular social networking sites. Mobile Gateway is based on industry standards and 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.
First Purchase Order Through Nokia Siemens Networks for North African Operator
Synchronica has received a purchase order for a mobile operator in North Africa for an initial 100,000 licenses and professional services for Synchronica Mobile Gateway 4.1 and 20,000 licenses for Mobile Backup. The purchase order is the first generated through the preferred global reseller agreement with Nokia Siemens Networks announced on 17 February 2009.
$1.09 Million Purchase Order Received from Device Distributor Targeting Indonesian Operator
Synchronica has received a purchase order for a large volume order of licenses for Synchronica Mobile Gateway 5 worth USD 1.09 million from a device distributor. The distributor will bundle Mobile Gateway with its devices for one of Indonesia's largest mobile operators. This purchase order confirms the committment from a contract previously announced on 9 March 2010 and will be recognized as revenue in full for the first half of 2010.
According to Business Monitor International's latest telecommunications report for the second quarter 2010, the total number of mobile subscribers in Indonesia is expected to rise to 360 million by 2014, reaching a penetration rate of 144 percent from the current level of 56.8 percent.
Purchase Orders Received from Device Manufacturer in India
Synchronica has received two purchase orders for a total of 100,000 annual licenses plus professional services for a device manufacturer in India. The manufacturer will ship the devices to operators in the region.
Synchronica announced on 23 March 2010 that the manufacturer had signed a reseller agreement whereby the manufacturer will bundle Synchronica's award-winning Mobile Gateway with handsets offered under its established brand which in turn will be sold to mobile operators.
India is one of the largest and fastest growing mobile phone markets in the world, with some 20.31 million new customers being added in March 2010 alone.
Commenting on these announcements, Carsten Brinkschulte, CEO of Synchronica, said: "We are very pleased to announce this flurry of contract wins and purchase orders for our flagship product Mobile Gateway. This once again demonstrates Synchronica's competitive strength, as well as the company's growing global footprint in emerging markets. With the mobile phone fast becoming the primary device for internet access in emerging markets, Synchronica's technology provides a key component in the process of providing the end-user with the ability to access the internet from even the most basic of handsets."
"We are pleased to see a significant contribution in revenue from the large volume orders for Latin America and Indonesia as they confirm the mass market appeal of our product and underline the commercial traction Synchronica has achieved. Today's announcements also vindicate our dual strategy of bundling Mobile Gateway with devices, as well as offering it as a device-independent solution directly to mobile operators and demonstrates the success of our channel strategy which provides us with global reach and local presence."
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 (IM), backup and 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 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 center 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 http://www.synchronica.com
For more information, please contact:
Chief Operating Officer
Tel.: +44 1892 552 780
Mobile: +44 7977 256 412
Fax: +44 1892 552 721
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