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1 year chart

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1 day chart

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Epic & Msn data
Epic SYNC
Time: 07:50:31
Mid Price: 3.75
Change Today: 0.00
Change % Today: 0.00
Fifty Two Week High: 8.13
Fifty Two Week Low: 2.50
Market Capital: 14.19
Period & price data
Period Price
Now: 3.75
3 Months ago: 3.13
6 Months ago:
1 Year ago:
Additional information
Additional Information
Market: AIM
Sector: Technology Hardware & Equipment
Epic: SYNC
News: Latest news
Web Site: Synchronica plc
Other Articles: 23-12-200810-12-200808-12-2008

Synchronica plc

Synchronica plc develops and markets industry-standard mobile email and synchronization solutions that work with the built-in email and synchronization clients of 1.5 billion mobile devices. The new email-to-SMS conversion brings mobile email to every mobile phone on the planet. Mobile operators, device manufacturers, and service providers in emerging and developed markets use Synchronica products to offer mobile email, PIM synchronization, and backup and restore services to their consumer and corporate customer base. Products include the push email and synchronization solution Mobile Gateway and the mass market device backup solution Mobile Backup. The headquarter is in England, the development center in Germany. With 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).
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Thursday, October 02, 2008

Synchronica adds license agreement for Mobile Gateway in India

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Synchronica (AIM: SYNC), the mobile e-mail and synchronisation specialist, climbed 13% higher this morning after it announced yet another significant milestone in its licensing of push email into emerging markets.


Today Synchronica announced a license agreement for its Mobile Gateway solution to an Indian reseller. The agreement will see the Indian reseller acquire 50,000 user licenses for Mobile Gateway at a price of US$2.34 per user.  The Indian company has a been contracted by a ‘major mobile operator’ in India to provide a mass-market mobile email solution by the end of 2008.  Synchronica did not elaborate on who the major mobile operator was, but said the company had more than 50 million subscribers in India and was a top 10 operator worldwide.  The Indian reseller is expected to acquire an additional 250,000 licenses before year end, with a further 500,000 licenses in 2009.


“The Indian mobile market represents a large opportunity for Synchronica's products providing mass-market mobile email services for inexpensive mobile devices. Recent research from Informa reports that the Indian mobile market has expanded by over 50 million new mobile subscriptions in the last six months alone. India is now the second largest mobile market in the world, with a total of 225.6 million mobile subscribers at the end of August 2008. The Indian government has a set target of 500 million telephone users by 2010,” the company stated.


Sychronica will also provide ongoing support, based on 18% of the annual license fee for Phase I and 12% in Phase II.


Carsten Brinkschulte, CEO of Synchronica plc, said:


“This agreement represents an important step in the growth of Synchronica as it again demonstrates our ability to succeed in emerging markets, where the growth in mobile subscribers is at its highest and our product has a unique appeal. It highlights the strength of our mobile email solution and the benefit it can bring to operators who are looking to differentiate their mobile offering in a highly competitive market, generating additional revenues and protecting their subscriber base.”

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