Synchronica signs deal with Chinese firm

18th Jan 2012 16:40

Mobile phone messaging technology group Synchronica has signed a $1.5m agreement with a China-based handset manufacturer to bundle Synchronica's Mobile Gateway onto its portfolio of low and ultra-low-cost MediaTek powered handsets.Synchronica anticipates delivery to the customer by the end of April 2012. "The size of this initial order illustrates the customer's eagerness in using Synchronica-powered messaging as a way of differentiating their products," the firm said. "We're already working closely together on developing innovative go to market strategies, and exploring ideas to further enhance our partnership." The share price rose 3.96% to 13.12p by the close on Wednesday.NR