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Market: AIM
Sector: Technology Hardware & Equipment
EPIC: SYNC
Latest Price: 0.00p  (0,00%)
52-week High: 23.50p
52-week Low: 4.63p
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Synchronica plc
www.synchronica.com

 

Synchronica plc is a global innovator in next-generation mobile messaging technologies. Its flagship product, Unity, been chosen by more than 100 of the world's leading mobile operators and OEMs to power their own-branded push email, instant messaging, and social networking services.

 

With leading features such as Unified Messaging, Geo Socialization, and RCS as a Service, Unity connects to any mobile device - from the most basic mobile phone, to high-end tablets - providing customers with a strong foundation on which to achieve market differentiation, diversified revenue streams, and reduced churn.

 

Headquartered in the United Kingdom, Synchronica maintains global research and development centres in Canada, Germany, India, and the Philippines. Synchronica's shares trade on the London Stock Exchange AIM market (SYNC) and the Venture Exchange of the Toronto Stock Exchange (SYN).

 

Full Synchronica plc profile here
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Synchronica soars after upbeat trading statement

13th Jan 2012, 10:53 am by Andre Lamberti Synchronica stock rose in response to the late-morning announcement and by 10.50 am was trading up 7.8 per cent at 12.125 pence

Shares in Synchronica (LON:SYNC, CVE:SYN) soared after a brief trading update in which the mobile messaging firm said it expects full-year revenues marginally ahead of market expectations.

The stock rose in response to the late-morning announcement and by 10.50 am was trading up 7.8 per cent at 12.125 pence.

The company expects revenues for the 2011 full year to reach approximately US$23 million, slightly ahead of market expectations and 111 per cent higher than a year earlier.

Results will be released in March.

The group is currently awaiting a new approach from Swiss rival Myriad.

It came to Synchronica with terms of a potential offer last week, but this was rejected. Synchronica told investors last week:  “But Myriad has indicated to the company that they intend to revise the terms of their potential offer."
The Swiss group has until 31 January to make an offer under Takeover Panel rules.

Synchronica carried out a placing last year to fund the acquisition of Nokia’s Operator Branded Messaging (OBM) business.

That deal augmented its position as a major supplier of next-generation messaging systems to mobile carriers operating in Latin America and Africa by giving an entry into the North American market.

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