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).
Synchronica rings up $1.5 million Chinese handset order
Mobile messaging firm Synchronica (LON:SYNC, CVE:SYN) has won a $1.5 million order from a Chinese manufacturer that wants to embed its software into low-cost mobile handsets.
The order covers initial professional services and a perpetual user licence for the first 1 million handsets. Synchronica anticipates delivery to the customer by the end of April.
Simon Taylor, business development executive at Synchronica, said: “We're thrilled to have successfully built this relationship with a leading Chinese manufacturer."
"The size of this initial order illustrates the customer's eagerness in using Synchronica-powered messaging as a way of differentiating their products."
Chief executive Angus Dent added that it was the group’s first order since it added enhanced messaging software to its toolkit for handsets based around semiconductors made by MediaTek.
“"This is a complete set of technical and commercial resources which enable MediaTek device manufacturers to effortlessly integrate push email, IM and social networking onto their low-cost handsets,”.
He said the group expects to announce further MediaTek –based contracts throughout the coming year.
Synchronica recently rebuffed a takeover approach from Swiss group Myriad and on Monday said it had been profitable at the EBITDA level in the last two months of last year.
That followed an announcement last week that full-year 2011 revenues would be marginally ahead of market expectations at around US$23 million.
Shares have nearly doubled in the past two weeks to 13.78 pence.
