AT&T Awards Synacor Important Portal Services Contract
May 04 2016 - 4:20PM
Synacor, Inc. (Nasdaq:SYNC), the trusted multiscreen technology and
monetization partner for video, internet and communications
providers, device manufacturers and enterprises, today announced
that AT&T Inc. (NYSE:T), the largest pay TV provider in the
United States, has awarded a portal services contract to Synacor.
In partnership with AT&T, Synacor will
- Develop and manage innovative desktop and mobile portal
services designed to drive user engagement
- Populate these experiences with rich content sourced from
popular brands
- Monetize these experiences through search and advertising
“We are honored to have been selected from among the contenders
AT&T considered in their evaluation process,” said Synacor CEO
Himesh Bhise. “We are thrilled that AT&T will be using our
managed portal services, mobile apps, and advertising solutions in
this important initiative to deepen engagement with their
customers. We already are developing initial products for
deployment in 2016, and have started working on a next-gen product
for 2017.”
Conference Call Details
Synacor will host a conference call tomorrow morning, May 5,
2016 at 8:30 a.m. ET to discuss the AT&T portal services
agreement with the investment community. The live webcast (in
addition to the related investor presentation document, which is
available now) can be accessed at
http://investor.synacor.com/events.cfm. To participate, please
login approximately ten minutes prior to the webcast. For those
without access to the Internet, the call may be accessed toll-free
via phone at (877) 837-3911, with conference ID 7293554, or callers
outside the U.S. may dial (253) 237-1167. Following completion of
the call, a recorded webcast replay will be available on Synacor's
website through May 12, 2016. To listen to the telephone replay,
call toll-free (855) 859-2056, or callers outside the U.S. may dial
(404) 537-3406. The conference ID is 7293554.
About Synacor:Synacor (Nasdaq:SYNC)
www.synacor.com is the trusted technology development,
multiplatform services and revenue partner for video, internet and
communications providers, device manufacturers, and enterprises. We
deliver modern, multiscreen experiences and advertising to their
consumers that require scale, actionable data and sophisticated
implementation. Synacor enables our customers to better engage
with their consumers.
Forward-Looking Statements:This release
includes certain forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. These
statements are based on the current expectations or beliefs of
management of Synacor, and are subject to uncertainty and changes
in circumstances. Actual results may vary materially from those
expressed or implied by the statements herein due to changes in
economic, business, competitive, technological and/or regulatory
factors, and other factors affecting Synacor. More detailed
information about these factors may be found under the captions
“Risk Factors” and “Management’s Discussion and Analysis of
Financial Condition and Results of Operations,” in Synacor’s annual
report on Form 10-K for the year ended December 31, 2015, which is
available on the company’s website at investor.synacor.com and on
the SEC’s website at www.sec.gov. Synacor is under no obligation
to, and expressly disclaims any such obligation to, update or alter
their respective forward-looking statements, whether as a result of
new information, future events, or otherwise.
Contacts
Meredith Roth, VP, Corporate Communications
Synacor
mroth@synacor.com
716-362-3880
Investor Contact:
David Calusdian, Executive Vice President & Partner
Sharon Merrill
ir@synacor.com
617-542-5300
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