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Synchronica Software GmbH Blücherstraße 22 10961 Berlin, Germany http://www.synchronica.com
Contact Ms Nicole Meissner +44 1892 552780
Company logo of Synchronica Software GmbH
Synchronica Software GmbH

Synchronica Raises $3.6 (£1.9) Million in Funding Through Placement of Shares

Funds Raised to Accelerate Synchronica's Growth in the Mass Market Mobile Solutions Sector

(PresseBox) (Royal Tunbridge Wells, )
Synchronica plc (AIM: SYNC.LN), an international provider of mobile email and synchronization solutions, has raised USD 3.642 (GBP 1.857) million in funds through a placing of new ordinary shares with Lanstead Capital L.P. The proceeds will be used for continued development and accelerated commercialization of Synchronica's award-winning Mobile Gateway product that will add growth in its core mobile email business. The move strengthens Synchronica's position at a time when growth in mass market mobile email services is set to explode, and consumer demand for over-the-air (OTA) backup and restore service is increasing.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.