London, Oct 2 : UK-based Synchronica on Thursday said it has entered into an agreement with an Indian firm, without revealing the identity, to provide mobile email solution in India.
Synchronica develops and markets mobile email and synchronisation solutions for mobile operators and device manufacturers. The firm's products include the push email and synchronisation solution Mobile Gateway.
Even though the identity of the company was not revealed, Synchronica said that the Indian reseller has a contract with a major mobile operator in country, who is one of the top 10 operators worldwide with a base of more than 50 million subscribers.
The UK firm has signed the licence agreement. The company will start the mobile solution facility by the end of current 2008, Synchronica said in a regulatory filing to the London Stock Exchange.
"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," Synchronica CEO Carsten Brinkschulte said.
According to the company, the Indian firm would initially purchase a 50,000 user licence for Synchronica Mobile Gateway at a list price of USD 2.43 per user.
"Phase two is scheduled for the end of this year and will include an expansion order for an additional 250,000 licences. A third phase scheduled for 2009 would be for a further 500,000 licences," the filing added.
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