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Preliminary Results for the Year to 31 December 2005


Summary

Fundamental restructuring of the business and its products largely completed, new management team in place under CEO Carsten Brinkschulte.
Acquisition and integration of Berlin based Synchronica GmbH -- technology portfolio substantially expanded.
Successful fundraising to secure 5 million.
Revenues in line with stock market expectations at 3.1million (2004: 2.4 million).
Year end cash balances of 6.6 million, 5.6 million at 31 March 2006.
John Gunn, Chairman, said, 'We are making progress towards our priority goal of restoring value to shareholders. Everyone at Synchronica is playing their part in this process and I thank all of them, on behalf of the Board and shareholders, for the effort and dedication they bring to achieving our new business goals.'

Commenting, Carsten Brinkschulte, Chief Executive Officer, said, 'We are making progress; I am pleased to report that the restructuring is on course and already having a positive effect on the business. We now have a focused suite of products, all with significant competitive advantages, and we are gaining market traction. I am confident the Company's financial performance will improve in 2006.'

Preliminary Results 2005
Preliminary Results for the Year to 31 December 2005 are available on the London Stock Exchange web site.

About Synchronica

Synchronica plc develops and markets synchronization and device management solutions for mobile operators, device manufacturers, and enterprises. Its product portfolio ranges from data synchronization (DS) to device management (DM) and firmware update over-the-air (FOTA). Synchronica has a strong track record in the SyncML space. Products include the world's first live installation in a carrier-grade environment of a SyncML DM server and SyncML Gateway, which enables seamless synchronization of corporate data. Its latest offering, Mobile Manager provides companies with a robust mobile device management solution for Windows Mobile-based devices. Headquartered in the UK with offices in Berlin and Washington D.C. Synchronica plc is a public company listed on the London Stock Exchange. More information is available at www.synchronica.com


Publisher Contact Information:

Synchronica PLC
+493061675650
carsten@synchronica.com

Company profile of Synchronica plc
Past press releases of Synchronica plc.

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