Synchronica's core business is to deliver mobile email, instant messaging, social networking, and PIM synchronization for the mass market on the widest possible range of mobile devices

Since 2002, Synchronica has focused on providing mobile messaging solutions for mobile network operators and device manufacturers. With a particular focus on using open industry standards Synchronica has grown from a niche player with a limited market footprint, into a leader in next-generation mobile messaging solutions. The Company's main Country of Operation is the UK.

Admission is being sought as a result of an acquisition, referred to below, which is a reverse take-over transaction under Rule 14 of the AIM Rules. On 30 June 2011 the Company announced its intention to acquire Nokia Corporation's operator-branded messaging (OBM) business ("Nokia Assets"), being assets and contracts previously operated principally by a wholly owned Canadian subsidiary of Nokia. The total consideration for the acquisition is US$25 million (subject to adjustments) payable as to US$4 million in cash on completion of the acquisition and US$21 million on a deferred consideration basis, plus the issue of 18,333,333 warrants over ordinary shares in the Company. The acquisition is subject to shareholders approval and a General Meeting of the Company will be held for this purpose on 28 July 2011.

Listing exchange: AIM

Expected first day of trading: 2011-07-29

Expected money raised: £9.4M