Business Services Industry

Synchronica signs second global agreement for Mobile Gateway within two weeks

Business Wire, Feb 21, 2008

New global reseller agreement for Mobile Gateway with one of the world's top five IT services companies will further accelerate market penetration

ROYAL TUNBRIDGE WELLS, England -- Synchronica plc (SYNC), the mobile email and synchronisation company, is pleased to announce that it has signed a worldwide reseller agreement with one of the world's top five IT services companies for its award-winning mobile push email and synchronisation technology, Mobile Gateway.

The agreement takes the total number of distribution or licensing contracts signed by the Company in the past six months to three. This deal is in addition to an agreement announced on 6 February 2008 with Brightstar Corp, a global leader in distribution and supply chain solutions for the mobile industry.

The latest deal establishes another channel and will help Synchronica to further penetrate the global market for mobile email, which is expected to grow rapidly over the next five years, led by the emerging markets. "All forecasts point to emerging markets as the breakthrough area for mass market mobile email. The number of mobile phone subscribers in developing countries has almost tripled in the last five years, and they now account for more than 58 percent of subscribers worldwide", Carsten Brinkschulte, Synchronica CEO, comments.

Under the terms of the latest deal, the global IT services and systems integration company will market the mobile email and synchronisation product Mobile Gateway as part of a standard solution to mobile network providers in more than 40 countries worldwide. Synchronica will derive licensing fees based on subscriber numbers.

Commenting on the agreement, Carsten Brinkschulte said: "Synchronica is building strong momentum with major industry providers as mobile email becomes a mass market application that can be used by anyone with access to a handset. Our latest reseller agreement for Mobile Gateway is with one of the world's largest and best known IT brands and a great endorsement for our product. With this agreement we are further expanding our reach into the global market and laying the foundation for long term growth."

*Data from study of world trade and development conference of the united Nations (UNCTAD), February 2008

COPYRIGHT 2008 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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