Synchronica inks $1.5m UAE contract
Dubai, December 27, 2010
Synchronica, a key provider of mobile email, instant messaging and data synchronization, said it has won a $1.5 million regional mobile network operator (MNO) contract from a reseller based in the UAE.
As per the agreement, Synchronica will provide its award-winning mobile push email and instant messaging software, professional services, and support from late 2010 to the Emirati reseller.
The deal includes an initial volume of perpetual licenses worth $1.19 million and $75,000 of additional professional services, said a statement from Synchronica.
The pact also includes recurring support and maintenance fees of $215,640 over each twelve-month period for the life of the licences, it added.
"We are delighted to have signed this agreement for yet another network operator in the Middle East, and the addition of a reseller within the UAE certainly adds to the Synchronica's scalability across the region," remarked Carsten Brinkschulte, CEO of Synchronica.
"Recent forecasts suggest there is huge potential for significant mobile market growth across the Middle East, with appetite for mobile push email and instant messaging rapidly increasing," he noted.
The mobile subscribers in the region rose from 53 million in 2005 to over 185 million in 2009 and are expected to cross the 200-million milestone this year before skyrocketing to 296 million by the end of 2015.
Mobile penetration in the Middle East has risen from 53 percent in 2005 to 88 percent at the end of 2009 and is expected to soar to up to 130 percent by 2015, he added.
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.
"Synchronica believes it can play a significant role in the development of this market due to our unique technology platform which positions the company well as national security concerns regarding other mobile email technology providers increase across the region", Brinkschulte noted.
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.-TradeArabia News Service